"he's a nutjob trying to make himself into a market commentator. and yes, he started on SI during a period of unemployment and recycling."
All I am saying is that english must be a 2nd, or 3rd language for the guy because he doesnt speak in normal sentences. I have nothing against czechs, or poles, or germans like myself. The guy seems to repeat the same crapola that the nutjobs on gold eagle have been recycling for 20 years. Chicken little sky is falling world is going to end.
Gold and Silver have really only had 2 money making moves in 25 years. But yet fiat currency has been printed nonstop by the US and everyone else all during that timeframe. The money supply has been increased all during that timeframe. And people have been predicting the collapse of the dollar since the day Nixon closed the window.
Same chicken little crap for 25 years and they've been wrong for 20 of the 25.
Thats a worse record than a broken clock.
I buy Silver because I use it in my business and I buy it as a speculation that I can afford to have go back to $3 per ounce and I can still make a profit on it in my business.
I quit listening to the lookey loo chicken littles years ago. This guy is a walking rerun. He repeats the same schtick that the other 25 end of the worlders do.
I reread the prediction that silver was going to the moon and it collapsed.
Tell me what I misread here. 321gold.com
May 2006. From Jim Willie CB
"My conclusion (losing fuzziness each week) is that silver is consolidating before another earth-shattering move up toward the 20 level. It has found support at the 50-day moving average. There is no rounded top, no head & shoulders reversal, no exhaustion top, none of these in evidence. Only a serious pullback with some stair stepping. In fact, it looks "fibrillated" much like a person experiencing a heart attack, except the heart attack victims are primary market dealers and perma-bull economic forecasters. "
Now heres what Silver did.

The guy said no rounded top, no head and shoulders, no reversal, no exhaustion -- DID HE NOT?
AND he also said it's going to $20- DID HE NOT?
It promptly rolled over and DIED.
IT WENT FROM $15 TO $10 IMMEDIATELY AFTER HIS PREIDCTION THAT IT WAS GOING TO $20- DID IT NOT?
Thats the facts.
The only 'Jim Willie's' that I know have 3 teeth and clean the horse stalls. CB radios went out 20 years ago.
I still say the guy cant speak to where you can understand him. To me its a contrived attempt to sound like Richebacher. Who he tries to ride the coattails of. Im sorry if I offend anyone. The guy seems like a blatannt fraud. Thats my opinion.
These guys on the kitco and goldeagle boards are 99% nut jobs. They are not fund managers, or analysts. They are retread phonies who are just newer versions of Howard Ruff. They pumped the same shit for 20 years. Said the same thing about Y2K. All crap.
I stand by what I said about the guy who cant talk and who said Silver was going to $20 in May. Hes a clown.
Ron |