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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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To: sciAticA errAticA who wrote (6202)5/10/2006 2:03:00 AM
From: energyplay  Read Replies (2) of 217620
 
So far, it has been the more informed, the dollar bears, and the conspiracy theorists who have been buying silver.

"Lumpen Proles" are supposedly different from peasants, who do have enough sense to buy gold.

A number of Mexican workers buy gold in various forms, having learned not to trust their government's financial manipulations.

I would assume that Lumpen proles mostly buy lottery tickets ;-)

It also seems that the term "lumpen proletariat" is frequently used by various "revolutionary vanguards" as slur against anyone who will not go along with their fruit cake ideas....

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Back to silver - I think it will become the play toy of the hedge funds before the central banks move. Sort of like a pack of dogs playing with a chew toy.
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