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Bill Murphy "$100 silver very very soon"
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Re: Bill Murphy "$100 silver very very soon"
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Re: Bill Murphy "$100 silver very very soon"
Every time I see one of these 'predictions' they did make me wonder. Now I want to see the $70.00 or so increase before I will agree anymore. Just like the "Doom" is six months away, then they wash and repeat.
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Re: Bill Murphy "$100 silver very very soon"
Well, one of these days, one of these predictions will come true. I am just not holding my breath. But I do have my eyes on a nice watch when silver does pop. Gotta have some fun with all this misery that is to follow.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Uncle Salty
Well, one of these days, one of these predictions will come true. I am just not holding my breath. But I do have my eyes on a nice watch when silver does pop. Gotta have some fun with all this misery that is to follow.
Property?
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Uncle Salty
Well, one of these days, one of these predictions will come true. I am just not holding my breath. But I do have my eyes on a nice watch when silver does pop. Gotta have some fun with all this misery that is to follow.
I do not think it will be all that miserable, there will be a readjustment time, as globalization dies under the death of FIAT currencies.
so local producer will need to retool, local farmers, local manufacturers, etc,
just cause and effect, china mart will not be affordable, so mom and pop will find a local guy to do it cheaply, the time it takes the local guy to learn how to do it, source the material locally, etc will be painful
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Re: Bill Murphy "$100 silver very very soon"
Here is my summary:
Big moves coming, especially in silver.
JP Morgan manipulation scandal to break, similar to LIBOR impact.
Takes weeks, even months to take delivery of big amounts of silver.
$50-$60 real, soon, then to $100 shortly, and then a breather.
Massive buying of gold and silver by big players, i.e. countries.
Cartel is running out of physical supply at these low prices.
Cartel is hitting the wall when it comes to demand.
JP Morgan is short three times what is available for delivery on COMEX.
They can only defend at these lower prices for so long.
Gold and silver shares are so undervalued and will soon soar!
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Uncle Salty
Here is my summary:
Big moves coming, especially in silver.
JP Morgan manipulation scandal to break, similar to LIBOR impact.
Takes weeks, even months to take delivery of big amounts of silver.
$50-$60 real, soon, then to $100 shortly, and then a breather.
Massive buying of gold and silver by big players, i.e. countries.
Cartel is running out of physical supply at these low prices.
Cartel is hitting the wall when it comes to demand.
JP Morgan is short three times what is available for delivery on COMEX.
They can only defend at these lower prices for so long.
Gold and silver shares are so undervalued and will soon soar!
I agree! This is an oldy but a goldy: Mike Maloney's Debt Collapse 90 minute presentation:
http://www.youtube.com/watch?v=tj2s6vzErqY
http://www.youtube.com/watch?v=tj2s6vzErqY
Anyone who has been paying attention will know 90% of the material presented. But the presentation on wealth cycles abd relationship between currency volumes and physical silver and gold was riveting - it really crystallizes the subject perfectly. So if you're pressed for time fast forward 0:52 to catch the last 40 minutes. After you watch this, you will have no doubt in your mind that silver and gold are going much much higher in price within the next 3-4 years, as in 5-10-fold! Even with the recent consolidation, silver and gold are the best performing assets of the last few years!
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Re: Bill Murphy "$100 silver very very soon"
I'm not holding my breath until I see 50 breached solidly and held above that point.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
osoab
I'm not holding my breath until I see 50 breached solidly and held above that point.
Me too. That is where the rubber meets the road. The first attempt was defended like the Alamo. This time, silver wins. But the question as always is....when?
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
Uncle Salty
Me too. That is where the rubber meets the road. The first attempt was defended like the Alamo. This time, silver wins. But the question as always is....when?
Nope. I feel that silver is NOT going to hit and hold $50 before 2015 and the following links explain why I do not see silver hitting and holding $50:
http://gold-silver.us/forum/showthre...l=1#post571427
and
http://gold-silver.us/forum/showthre...l=1#post568862
With the possibility of increasing margins as it rises and with the JPM shorts guarding the $50 barrier, then I feel that JPM is going to win the 2nd battle for $50 silver. I feel that it would be a repeat of 2011 if it got in that $49's range. Even if silver does manage to hit $50, it will not hold $50 (or above).
Just my gut feeling speaking to me on silver. :)
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Re: Bill Murphy "$100 silver very very soon"
If they were doing such a good job manipulating, how could one explain the first move from $4 to $50? The fact that manipulation is present is not in question, it is the effect of said manipulation.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
1970 silver art
Nope. I feel that
silver is NOT going to hit and hold $50 before 2015 and the following links explain why I do not see silver hitting and holding $50:
http://gold-silver.us/forum/showthre...l=1#post571427
and
http://gold-silver.us/forum/showthre...l=1#post568862
With the possibility of increasing margins as it rises and with the JPM shorts guarding the $50 barrier, then I feel that JPM is going to win the 2nd battle for $50 silver. I feel that it would be a repeat of 2011 if it got in that $49's range. Even if silver does manage to hit $50, it will not hold $50 (or above).
Just my gut feeling speaking to me on silver. :)
Nope. Inventories are too low to sustain the lower prices. If Comex can't deliver, all the paper shorting in the world won't keep the price down.
You nailed your prediction last year. That was awesome. But this time, the good guys win. JPM is treading water and the anchor of reality regarding their manipulation is getting ready to drag them down.
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Re: Bill Murphy "$100 silver very very soon"
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I do not think it will be all that miserable, there will be a readjustment time, as globalization dies under the death of FIAT currencies.
I'm so happy that some of you are so optimistic.* However I have this gut feeling it's going to get real fucking ugly. I'm thinking the survivors will regard the time period 2008 up until the beginning of 'the readjustment time' as "the good old days."
*kindly clue me into what there's to be optimistic about when manufacturing in this country has been THOROUGHLY gutted, the assets of people have been THOROUGHLY looted, family farms have been THOROUGHLY systemically wiped out, and the country is NO WHERE CLOSE to being energy self-reliant
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
mamboni
I agree! This is an oldy but a goldy: Mike Maloney's Debt Collapse 90 minute presentation:
http://www.youtube.com/watch?v=tj2s6vzErqY
http://www.youtube.com/watch?v=tj2s6vzErqY
Anyone who has been paying attention will know 90% of the material presented. But the presentation on wealth cycles abd relationship between currency volumes and physical silver and gold was riveting - it really crystallizes the subject perfectly. So if you're pressed for time fast forward 0:52 to catch the last 40 minutes. After you watch this, you will have no doubt in your mind that silver and gold are going much much higher in price within the next 3-4 years, as in 5-10-fold! Even with the recent consolidation, silver and gold are the best performing assets of the last few years!
You know what I like about The presentation the fact that when Silver Popped to 50 bucks......... Its was The Hunts and a few Sheiks that pulled that off and the CFTC was barely able to keep the lid on that boondogle.
this time the entire world can participate in the bull run on metals......... when Fear, Greed and Oppertunity is smelled by millions of small investors no quarter given will be given to current power mongers and NOTHING can stop the tide that will swallow them whole.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Uncle Salty
Nope. Inventories are too low to sustain the lower prices. If Comex can't deliver, all the paper shorting in the world won't keep the price down.
You nailed your prediction last year. That was awesome. But this time, the good guys win. JPM is treading water and the anchor of reality regarding their manipulation is getting ready to drag them down.
Yes, JPM hands are tied this time...
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
Twisted Titan
You know what I like about The presentation the fact that when Silver Popped to 50 bucks......... Its was The Hunts and a few Sheiks that pulled that off and the CFTC was barely able to keep the lid on that boondogle.
this time the entire world can participate in the bull run on metals......... when Fear, Greed and Oppertunity is smelled by millions of small investors no quarter given will be given to current power mongers and NOTHING can stop the tide that will swallow them whole.
Very good point, and interesting perspective, I haven't thought about that before, but I suspect you are right, re the critical mass building to create the tide...
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Uncle Salty
Nope. Inventories are too low to sustain the lower prices. If Comex can't deliver, all the paper shorting in the world won't keep the price down.
You nailed your prediction last year. That was awesome. But this time, the good guys win. JPM is treading water and the anchor of reality regarding their manipulation is getting ready to drag them down.
COMEX can (and will) change the rules to protect themselves from this and JPM will continue to naked short silver and they have a lot of paper to naked short it with. I see this happening.
Also, the Euro Crisis is a wild card in what the silver price will do in the short term. IMO if the Euro Crisis gets worse (I am thinking Italy not Greece), then that will have a ripple effect worldwide and investors are going to dump everything (stocks, gold and silver, etc.) and run for the U.S. $ for "safety" which in turn would cause a short-term rally in the USD (maybe to as high as 90). This would be a repeat of 2008 in my opinion. Also, if the U.S. gets into another major recession, then I see that putting a damper on demand and that slowdown in demand will IMO overwhelm the investment demand and put downward pressure on silver. I see all of this happening between now and the end of 2014.
As I mentioned, Silver will NOT hit AND hold $50 before 2015 and I am sticking with that. Even if silver briefly hit $50, then it will not hold $50 and it will just head back down. Since I do not expect silver to hit and hold $50 before 2015, then $100 silver is out of the question between now and December 31, 2014.
We will have to agree to disagree on this and we will have to see what happens in the future to see if I end up being right again. :)
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Re: Bill Murphy "$100 silver very very soon"
History supports the fact that silver will not break $50...doesn't mean it won't. If silver over $50 is good for TPTB, it'll be over $50.
Same plan as always. Buy the dips and keep stacking.
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
1970 silver art
COMEX can (and will) change the rules to protect themselves from this and JPM will continue to naked short silver and they have a lot of paper to naked short it with. I see this happening.
AGREED!
As I mentioned, Silver will NOT hit AND hold $50 before 2015 and I am sticking with that. Even if silver briefly hit $50, then it will not hold $50 and it will just head back down. Since I do not expect silver to hit and hold $50 before 2015, then $100 silver is out of the question between now and December 31, 2014.
I'll bite. What's so magic about 2015? Some cycle work you've done?
I guess I missed that memo.
Hope you care to elaborate. I might learn something. :)
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
beefsteak
I'll bite. What's so magic about 2015? Some cycle work you've done?
I guess I missed that memo.
Hope you care to elaborate. I might learn something. :)
2015 was just a year that I picked out of thin air. There is nothing significant or "magical" about 2015 except to establish a "cut-off date" for my recent gut feeling prediction on silver. So really this recent gut feeling prediction started from August 26, 2012 (The date when I first started a thread about it on GIM2) and will end on December 31, 2014. I do not see silver hitting and holding $50 between now and December 31, 2014 for the reasons that I mentioned in my earlier post on this thread. I feel that I will be right on this but we will see. I hope that this answers your question.
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
Neuro
Very good point, and interesting perspective, I haven't thought about that before, but I suspect you are right, re the critical mass building to create the tide...
How can the CFTC stop 1 billion Chinese from taking delivery of physical silver?
Do you remember the explosion in the Chinese stock markets.....I recall them Trippling the stamp.tax. and investors absorbed those costs. Like nothing
It was only after major across the board market haircuts did it finally cool.
Now compound that frenzy of people moving in tangible and paper silver and that is just one nightmare scenario using one nation that can't be invaded
Picture Greece. Italy. Ireland. Jumping on board to protect. Their purchasing power.
Interesting times lay ahead for all
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
1970 silver art
COMEX can (and will) change the rules to protect themselves from this and JPM will continue to naked short silver and they have a lot of paper to naked short it with. I see this happening.
The only rule change that saves them is to go to a cash only exchange because they have no silver to sell, in which case, the price of physical silver soars and paper silver collapses. There is no rule to prevent the price from skyrocketing when there is no silver left in the COMEX warehouses.
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
Uncle Salty
The only rule change that saves them is to go to a cash only exchange because they have no silver to sell, in which case, the price of physical silver soars and paper silver collapses. There is no rule to prevent the price from skyrocketing when there is no silver left in the COMEX warehouses.
It might seem that way, but so long as fiat currency can be printed up (think forever). The average fool will sell silver for one dollar more than the paper napkin price he bought it for.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Twisted Titan
How can the CFTC stop 1 billion Chinese from taking delivery of physical silver?
Do you remember the explosion in the Chinese stock markets.....I recall them Trippling the stamp.tax. and investors absorbed those costs. Like nothing
It was only after major across the board market haircuts did it finally cool.
Now compound that frenzy of people moving in tangible and paper silver and that is just one nightmare scenario using one nation that can't be invaded
Picture Greece. Italy. Ireland. Jumping on board to protect. Their purchasing power.
Interesting times lay ahead for all
True stopping the Hunt brothers was a walk in the park for the manipulators! Millions of people who want to protect their hard earned savings, not so much. If they try that, they will loose their monopoly on price discovery, meaning that those with Silver and who wants silver will not turn one eye to the COMEX price, to determine how much Silver is worth...
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Re: Bill Murphy "$100 silver very very soon"
Gut feelings are like assholes: everyone has one.
The silver fundamentals longterm are fantastic. $50 silver is obviously the big kahuna of silver price resistance because there is no resistance at all technically speaking above it. Before 2016 abd probably a lot sooner, silver will blow through $50 the same way gold blew through $800 on it's way to $150. When all the sheeple start suddenly lecturing you about the great silver investment opportunity, that's the time to convert some silver to farm land and equipement mates!
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Neuro
True stopping the Hunt brothers was a walk in the park for the manipulators! Millions of people who want to protect their hard earned savings, not so much. If they try that, they will loose their monopoly on price discovery, meaning that those with Silver and who wants silver will not turn one eye to the COMEX price, to determine how much Silver is worth...
Exactly. The internet has created a market place for silver that bypasses the COMEX. There is too much information out there now. Back in the Hunt days, no one knew what the fuck was happening. Today, you can hide little.
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Re: Bill Murphy "$100 silver very very soon"
I've been hearing about $100 silver for years now, its all the same talk. Now I'm not saying that it won't make it, I like the fundamentals and blah blah blah, we all know why we have it. Which is to be taken out on float trips and such.
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Re: Bill Murphy "$100 silver very very soon"
Why do I keep seeing "once it hits 50, it's going to soar"?
What is the reasoning behind it?
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
joboo
Why do I keep seeing "once it hits 50, it's going to soar"?
What is the reasoning behind it?
There is no technical resistance to anything above that price.
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Re: Bill Murphy "$100 silver very very soon"
CNBC "$100 silver coming soon, from silver short squeeze"
http://gold-silver.us/forum/showthre...its-CNBC-(WOW)
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Re: Bill Murphy "$100 silver very very soon"
L_S
Thought I would put up a picture of your next car!
http://i50.tinypic.com/34eak9y.jpg
Enjoy the ride.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
joboo
Why do I keep seeing "once it hits 50, it's going to soar"?
What is the reasoning behind it?
Dont you think that if it gets thru 50 after all this time and the forces about to hold silver down,it really means 70 in no time
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
Libertarian_Guard
Thanks Much,
going to take that one out for a spin on the golf Course
Smile
"Folks, Gold is going to the moon, Silver is going to mars for a brief pause on its way to pluto"
by Roger Mason
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
1970 silver art
2015 was just a year that I picked out of thin air. There is nothing significant or "magical" about 2015 except to establish a "cut-off date" for my recent gut feeling prediction on silver. So really this recent gut feeling prediction started from August 26, 2012 (The date when I first started a thread about it on GIM2) and will end on December 31, 2014. I do not see silver hitting and holding $50 between now and December 31, 2014 for the reasons that I mentioned in my earlier post on this thread. I feel that I will be right on this but we will see. I hope that this answers your question.
I wouldn't be surprised if $50 meets resistance between now and Spring 2013. But if it fails there, I'm pretty confident it will break through some time between Nov 2013 through Nov 2014 at the latest. So if you're offering this up as a bet, I'll bite. I'll even lay you 2-1 odds. That's my 2 rolls to your 1. :)
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
Serpo
Dont you think that if it gets thru 50 after all this time and the forces about to hold silver down,it really means 70 in no time
You're probably right, but the money printing machine has me wondering how hard the rockets fire ;D. I suppose if it's the only horse running, so to speak, it's all relative. I dumped equities back in the $12 range anticipating the endless QE, took the tax hit, and still came out way ahead.
Question of the decade...how long until the grand relization hits the masses.
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Re: Bill Murphy "$100 silver very very soon"
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Originally Posted by
joboo
...
Question of the decade...how long until the grand relization hits the masses.
I just posted an update to the Doom Clock in the SHTF Index thread.
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
1970 silver art
2015 was just a year that I picked out of thin air. There is nothing significant or "magical" about 2015 except to establish a "cut-off date" for my recent gut feeling prediction on silver. So really this recent gut feeling prediction started from August 26, 2012 (The date when I first started a thread about it on GIM2) and will end on December 31, 2014. I do not see silver hitting and holding $50 between now and December 31, 2014 for the reasons that I mentioned in my earlier post on this thread. I feel that I will be right on this but we will see. I hope that this answers your question.
And now, an eloguent retort......
Wynter Benton, the anonymous blogger on Yahoo Finance’ JPM page (who claims to be a group of former JP Morgan commodities traders under Blythe Masters and accurately forecast numerous silver moves in early 2011) re-emerged today after an 11 month hiatus.
Benton claims that the Oct 31st 2011 take-down of MF Global was SPECIFICALLY designed to prevent the group of former JPM traders with a chip on their shoulders against their old boss Blythe Masters from taking delivery of a massive amount of physical silver and breaking JP Morgan’s massive naked short silver position.
Benton also claims that JP Morgan’s $36 silver derivative time-bomb is still in effect, and states that the ex-JPM traders have re-grouped, and that silver WILL trade above $50 before Dec 31, 2012.
Silver will trade above $50 before Dec 31, 2012
By wynter_benton
We wish to inform our followers that silver will trade above $50 before Dec 31, 2012.
The $36 silver derivative timebomb is still in effect for the Morgue so count the trading days once silver gets above $36.
MFG was setup to prevent us from taking silver above $45 last year. Did anyone wondered why MFG failed precisely 30 days before our deadline or why no one can locate the vaporized money? It was designed SPECIFICALLY to stop us from taking silver up and out. Think about it.
Too bad The Morgue cant do that again
this time cause we are beyond their reach now.
Once again, we are back. . . . . do da do da. . . .
http://finance.yahoo.com/mbview/thre...a7832d4d9&mid=
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
Sparky
I wouldn't be surprised if $50 meets resistance between now and Spring 2013. But if it fails there, I'm pretty confident it will break through some time between Nov 2013 through Nov 2014 at the latest. So if you're offering this up as a bet, I'll bite. I'll even lay you 2-1 odds. That's my 2 rolls to your 1. :)
Nope. This is not a bet. I got out of the Internet betting business on December 31, 2011 and besides I do not want to see you lose any rolls of TP in a "betting accident". :)
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Re: Bill Murphy "$100 silver very very soon"
Quote:
Originally Posted by
mamboni
And now, an eloguent retort......
Wynter Benton, the anonymous blogger on Yahoo Finance’ JPM page (who claims to be a group of former JP Morgan commodities traders under Blythe Masters and accurately forecast numerous silver moves in early 2011)
re-emerged today after an 11 month hiatus.
Benton claims that the Oct 31st 2011 take-down of MF Global was SPECIFICALLY designed to prevent the group of former JPM traders with a chip on their shoulders against their old boss Blythe Masters from taking delivery of a massive amount of physical silver and breaking JP Morgan’s massive naked short silver position.
Benton also claims that JP Morgan’s $36 silver derivative time-bomb is still in effect, and states that the ex-JPM traders have re-grouped, and that silver WILL trade above $50 before Dec 31, 2012.
Silver will trade above $50 before Dec 31, 2012
By
wynter_benton
We wish to inform our followers that silver will trade above $50 before Dec 31, 2012.
The $36 silver derivative timebomb is still in effect for the Morgue so count the trading days once silver gets above $36.
MFG was setup to prevent us from taking silver above $45 last year. Did anyone wondered why MFG failed precisely 30 days before our deadline or why no one can locate the vaporized money? It was designed SPECIFICALLY to stop us from taking silver up and out. Think about it.
Too bad The Morgue cant do that again
this time cause we are beyond their reach now.
Once again, we are back. . . . . do da do da. . . .
http://finance.yahoo.com/mbview/thre...a7832d4d9&mid=
I do not think that this will happen. As I mentioned, I do not see silver hitting and holding $50 before 2015. COMEX will just change the rules during the game and they will just simply find a way to keep silver under $50. Just my opinion. We will have to see how things unfold. This will end up being like early 2011 in that it will get smacked down very hard if silver ever gets to that $49's-range again.