Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (22867)	10/14/2010 10:57:04 PM
From: Wade	Read Replies (2) \| Respond to of 48092

I know many so called analysts telling you that QE won't work. Of course it won't work because it is not designed to save your neck at the first place. What is QE for? Currency war!! Take a read: Why the U.S. has Launched a New Financial World War — by Michael Hudson americanpendulum.com Quantitative easing subsidizes U.S. capital flight, pushing up non-dollar currency exchange rates

To: Wade who wrote (22867)	10/15/2010 9:28:18 AM
From: Scoobah	Read Replies (2) \| Respond to of 48092

Did you say sell? Well, after the close yesterday, I did take the rest of my horde to the local dealer, and received $23.50 per ounce, he cringed as he added it all up, stating, this is the most he has paid for silver since the Hunt brothers, he also said he believes gold is headed for $1500, but he doesnt have faith in the silver, and expects to lose money on my sale, I dont necessarily agree, but he also said Soros bought $30 million in GLD the day it started to correct, and that was why the rally reignited, not sure he is right there, but he does expect a bone chilling selloff from $1,500 thought you bulls would like that