something big is coming to silver......

[Large Sarge]

http://www.beaconequity.com/something-very-big-is-coming-to-silver-2012-09-04/

[mamboni]

http://www.beaconequity.com/something-very-big-is-coming-to-silver-2012-09-04/

Good article talking their book - a book I happen to like!

Bits and pieces from Turk, von Greyerz, Sinclair and Grant. I read all these guys and the consensus is silver and gold are now beginning to kick ass and take names. Time will tell.

[Twisted Titan]

It doesn't matter if silver never explodes.

All that matters is I own a asset that is universally accepted ,beyond the reproach of anyone unless I grant Consent and something I can pass on to my heirs completely unencumbered.

I don't buy it for future value .....I buy it for peace of mind

[Sparky]

It will be interesting to see if silver gets back near $50 within the next 9 months. I wouldn't be surprised if there's a failure at the second shot at $50, in the same way that it took gold a third attempt to bust through $1000. $50 will probably be heavily defended, because it's such an important price lid. The next real boundary is the psychological barrier of $100, so there would be plenty of room for the price to roam above $50. I would expect some furious price swings (up and down) in that $50-$100 range. The next psychological barrier after that is the inflation-adjusted peak, which right now is about $140.

For gold, the inflation-adjusted peak price is currently around $2450. My year-to-year analysis indicates that is a reasonable interim peak for 2012-2013. What's interesting is that a 50:1 ratio on $2450 gold puts silver at $50. If the ratio were to compress to its 2011 low of 32:1, that would put silver in the $75-$80 range.

But as TT says, these are just numbers compared to the long term reliability of the asset.

[Large Sarge]

It will be interesting to see if silver gets back near $50 within the next 9 months. I wouldn't be surprised if there's a failure at the second shot at $50, in the same way that it took gold a third attempt to bust through $1000. $50 will probably be heavily defended, because it's such an important price lid. The next real boundary is the psychological barrier of $100, so there would be plenty of room for the price to roam above $50. I would expect some furious price swings (up and down) in that $50-$100 range. The next psychological barrier after that is the inflation-adjusted peak, which right now is about $140.

For gold, the inflation-adjusted peak price is currently around $2450. My year-to-year analysis indicates that is a reasonable interim peak for 2012-2013. What's interesting is that a 50:1 ratio on $2450 gold puts silver at $50. If the ratio were to compress to its 2011 low of 32:1, that would put silver in the $75-$80 range.

But as TT says, these are just numbers compared to the long term reliability of the asset.

I think it comes down to the GSR

like if GSR was 40 to 1 for the last run, gold was like $1930 or so

This time when GSR hits 40 to 1, Gold will be like much higher, maybe $2200, maybe more.

and this time GSR goes lower, maybe 30 to 1

the GSR is one of the only reliable indicators I have seen through this market, it rarely lies. When GSR is high, we are at a bottom, when its low, we are near a top

When GSR is tightening, we are on our way up, when its getting bigger we are on our way down (correction)

[Libertarian_Guard]

Anyone up for a Rocket yet?

Don't mean to jump the gun but........

[mamboni]

Anyone up for a Rocket yet?

Don't mean to jump the gun but........

Don't do it!!!!! Everybody be kool! You....be kool!

[Serpo]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/9/4_Gold_%26_Silver_Shorts_Trapped_As_Scramble_For_M etal_Under_Way.html

[Silver Rocket Bitches!]

It's the best I can do at this time.

3606

[Libertarian_Guard]

It's the best I can do at this time.

3606

Well, it's better than nothing.

Can't wait for $50 silver, so we can post something that will attain orbit!

[vacuum]

It's the best I can do at this time.

3606

I see what you did there...red white and blue....those rockets are dollar positive.

[Libertarian_Guard]

http://i48.tinypic.com/nd1smd.jpg


As of Friday, the official debt tally is now $16,015,769,788,215.80.


Not much 'dollar positive' there. I needed to offset this and get something ready for orbit!

[Neuro]

http://i48.tinypic.com/nd1smd.jpg


As of Friday, the official debt tally is now $16,015,769,788,215.80.


Not much 'dollar positive' there. I needed to offset this and get something ready for orbit!
Oops it looks like the rise is slowing down, a Iran/Syria campaign could fix that, and a war is always dollah-positive innit