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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (109812)5/8/2011 10:19:38 PM
From: the navigator1 Recommendation  Read Replies (3) | Respond to of 110194
 
I'm as much as goldbug/goldbull as anyone, but I recognize that a big part of the rally is the trickle into PM's from the massive liquidity tsunami from that assclown Berspanky. To expect PM's and miners to do well if and when that spigot is tighten is naive.

i also have a concern that energy costs could squeeze the miners...

on his blog, turd ferguson posted an interesting and thought-provoking email he received from a reader speculating on the separation of paper silver price from the physical silver price.

tfmetalsreport.blogspot.com

i believe this will happen, at some point...i just have no idea what will be the catalyst. then i fear that my brother, who has all his money in derivatives of silver (double etf's), will find the shares he owns are not worth what he paid for them.

edit...

and now we got this going on...interesting world...

Hong Kong Mercantile Exchange's 1 Kilo Gold Contract To End Comex Gold Futures Trading (And "Bang The Close") Monopoly

zerohedge.com