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


To: SliderOnTheBlack who wrote (17722)6/5/2009 10:23:53 AM
From: re3  Read Replies (1) | Respond to of 50219
 
<<<Which sector has the most remaining upside? Gold at $986,
or Nat Gas at $3.75 for example?

i'm thinking door # 2
what are you thinking ?



To: SliderOnTheBlack who wrote (17722)6/5/2009 10:40:58 AM
From: No Mo Mo  Respond to of 50219
 
"So who does that leave, who's next in line?"

If I had a dime for every time I've read, "Relative to other markets, gold and pm's are so small it would only take a tiny % move of investment from another sector and gold would go parabolic.".

Which, of course, walks hand-in-hand with the companion thought, "This time ... it will be different."

The contrarian's bane. <g>



To: SliderOnTheBlack who wrote (17722)6/5/2009 10:49:57 AM
From: No Mo Mo  Read Replies (1) | Respond to of 50219
 
And, to be fair, an investor has this breathing down his neck:

quotes.ino.com

You have to stash your cash somewhere.

EDIT:

And this: counterpunch.org



To: SliderOnTheBlack who wrote (17722)6/5/2009 11:54:28 AM
From: coug3 Recommendations  Read Replies (1) | Respond to of 50219
 
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!


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