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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (159079)5/18/2009 8:31:39 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 312809
 
what idiot was buying silver at that time? The Hunt brothers?
Nobody I know bought silver then, they were melting down grandmas flatware and cashing it in.

Anyway we are not anywhere near a bubble in PMs



To: Rocket Red who wrote (159079)5/18/2009 9:30:07 PM
From: ralfph1 Recommendation  Read Replies (1) | Respond to of 312809
 
Let us remember why silver is down . The US government stepped in and made it illegal to store or own more than a certain amount . The amount you can short is unlimited . My point being that all it takes to screw up a run is a government with an agenda . Yes the Silver price was high because of what the Hunts were doing but it was not just them that created the bubble . The low price of silver since the 80s is a result of poorly written laws that stack the odds in one direction.