I disagree about gold sentiment.. The people I am around, regular "suburbanites", hardly know how to spell the word and 90% wouldn't know the symbol imo and I live in "gold and silver country".. :)
I also found this yesterday.. And there is one helluva lot more gun owners than bullion owners.. <g,ng>
<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>
We sold 23 oz. of silver at a gun show! Woo Hoo!
(Par for the course in a manipulated market!)
Silver Stock Report
by Jason Hommel, June 1st, 2009
We sold 23 oz. of silver at a gun show this weekend! Woo Hoo! I had three people transport and sell silver on our behalf at the Vallejo, CA gun show this weekend. There was only one other numismatic dealer, and we had the lowest prices on bullion, and we were the only ones who had bullion in bulk. We took and offered 6500 ounces of silver and 70 ounces of gold. While the booth was cheap, there was also the cost of hotels, and wages, so we spent nearly $1000 to offer silver at the show.
Silver was just not even on the radar screen of people at the show. They had no thought or comprehension of silver or gold.
When asked if they wanted silver, people retorted, "What do I need silver for, I have a gun, and ammo! I can get whatever I need." Scary, but true!
It appears that these thoughtless gun owners are all planning on turning to a life of crime to provide for their needs if the economy gets much worse. That is very, very bad news for us all....
....How is it possible that silver prices have literally exploded from the $8/oz. level in October to nearly $16 today, a mere 9 months later, while public investment demand has all but dried up?
Is that somehow evidence of a top? Hardly!
More ...
Message 25693087
|
