SI
SI
discoversearch

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


To: Canuck Dave who wrote (201520)7/26/2011 2:11:49 PM
From: Boolish  Respond to of 312979
 
USD absolutely dirtying the sheets....

Tough to be a seller of anythng metals related.



To: Canuck Dave who wrote (201520)7/26/2011 2:23:07 PM
From: marcos  Respond to of 312979
 
It makes no sense that raising the debt limit of the largest debtor on the planet would raise the value of that debtor's currency in terms of gold or silver ... the way to tank precious metals would be to inject some sort of meaning into a fiat production, and none of our nations has the will to do that, far too few of the voters know or care anything about such matters ... there's a recent Peter Schiff youtube in which he says this quite amusingly, something like 'The chinese don't vote in our elections, and we're going to pay them off? - Hah!'

There will be default, there has to be, no sovereign nation has ever paid off any sizable state debt, and a 'democracy' with a dumbed-down electorate is the last place it's ever going to start ... politicians are not stupid, they know the only way they'll stay in business is to keep the default to the steady creeping style, continually erode the value of the currency of debt denomination

With a cash crunch once in a while, 'liquidity event' ... wise to have some buy power set aside for these, for sure, i just cannot do that in stock accts, the little buy buttons keep whispering to me ... more softly some times than others, is their saving grace



To: Canuck Dave who wrote (201520)7/26/2011 2:43:51 PM
From: pocotrader  Respond to of 312979
 
the computer age might be prohibiting the gold boom we saw in the 80's, with so many free lance traders the herd mentality doesn't seem to be as strong anymore, I read that it was the brokers telling their clients to buy anything with gold in it that was the driver in those days, who listens to any broker now, today we have to pick a basket of gold plays and hope we get lucky.



To: Canuck Dave who wrote (201520)7/27/2011 10:56:27 AM
From: Veteran98  Read Replies (2) | Respond to of 312979
 
Here comes the whacking .... stocks have only moved grudingly higher over the last several weeks ... POG hiccups and the gains are lost in 10 minutes... go figure....