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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (6224)8/28/2007 11:39:42 AM
From: RonMerks  Respond to of 50780
 
Are you still long silver?

Yes.

I think Silver is a coiled spring. I honestly think it will become THE hot commodity by year end and could see levels as high as $18 an ounce.

Food inflation is going nuts. The agricultural commodities are flying high. We're going to see inflation break out for another big run here. All central banks are printing money like theres no tomorrow. OPEC knows the dollar is declining in value and will want more dollars for oil. Wait untill the Fed cuts rates and unleashes the inflation trade.

Just watch.

The Fed will bail out the banks and Paulson's cronies- and then just lie a little harder about inflation.

Ron