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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (136601)	11/15/2008 3:05:03 PM
From: Proud Deplorable	Read Replies (3) of 313060

Hi Claude "You been indeed right to tell people to stay in metals rather than stocks." I'm trying to find a polite way to deal with RR, not easy, with his erroneous statements about the price of silver, and you just made a similar statement I guess where I am running into problems is that in spite of all the evidence that silver prices in the retail world have not come down more than 10 to 15% some here can't seem to detach themselves from the Comex spot prices, including gold and silver miners who in spite of the Comex ruining their businesses meekly keep playing the game hoping that the futures traders will have mercy on them someday or something and stop manipulating the PM futures. Almost everyone here, including yourself are doing the same thing, waiting for the spot prices to rise, and rise they will, but meanwhile informed people like myself have to endure incessant guru like proclamations from posters like RR that posit that silver is off 50% So.....I encourage you to check with your local coin and bullion dealers and get the truth. I called one major downtown bullion dealer yesterday and on his web site it claims that he has 100 ounce bars for 1500.00 BUT when I asked him when I could pick them up he said in about 5 to 6 months. I laughed and asked if he was serious and he said he hadn't seen much silver in 6 months. I was going to try to nail him on the ethics of advertising but I only called for the price. My prices as of today are 1675.00 and this is the average market price in Canada and in Canadian dollars Here is a common misuderstanding toronto.en.craigslist.ca yet if you check around you will not find silver maple leafs in quantity for less than say around 18.00 ea and often over 20.00 and here is one 100 ounce bar for 19.00 I just found toronto.en.craigslist.ca Check eBay as well and don't forget shipping and insurance costs etc and the hassle of bring stuff in from the USA as well See below the end of this post for some ebay links To sum up would you or anyone else here please try to stop the battle between me and RR by explaining to me how I have lost 50% when I only see a possible 5% loss from the top? I know you and other stock traders are trying to get the shares up and thus are concerned about the spot price but then you all ignore the glaring disconnect between the spot and the real retail market that I operate in. The only miner that seems to understand this is First Majestic as they have started selling their own souvenir rounds from their own silver trucked from Mexico to the Auburn WA. mint. So while some who have ETFs like SLV and GLD and even gold money (all BAD IDEAS)are suffering because their metals are all tied to spot prices, I am sitting pretty with all physical now and NO paper metals, stocks or contracts, futures or all the other BS that's out there. Thanks for admitting I was right all along because I sure suffer a lot of abuse around these parts. =========== cgi.ebay.ca\|66%3A2\|65%3A12\|39%3A1\|240%3A1307 cgi.ebay.ca\|66%3A2\|65%3A12\|39%3A1\|240%3A1318 cgi.ebay.ca\|66%3A2\|65%3A12\|39%3A1\|240%3A1318 cgi.ebay.ca\|66%3A2\|65%3A12\|39%3A1\|240%3A1318

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