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Thread: Silver To Hit New Highs Despite Bearish Forecasts

  1. #11
    Sardonic Observer Jewboo's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    Quote Originally Posted by mamboni View Post
    Within a decade is the extreme scenario. It will likely come much much sooner. For example, virtually all primary silver miners are losing money at today's $22 silver spot price. They have all in costs of $27-30 per ounce. While it is true that mines can and often do operate for some time on a negative cash flow, they cannot operate for more than a year or two at these prices without going bankrupt. So, either the silver mines close and we have a 30% collapse in silver supply followed by a rebound price spike in the latter portion of this decade; or, silver prices spike higher sooner, driven in part by the failed FED Qe policy and government budget deficits without end. Either way silver is a screaming buy and hold right now, like never before in the history of the world. Never lose sight of the fact that silver (and gold) prices are dictated by the paper market which dwarfs the physical by at tleast 100:1. And TPTB are blatantly and obviously suppressing the gold and silver prices to foster the illusion of dollar strength. They will continue to do this until something breaks in the physical market, such as collapsing supply, exploding demand or a default at the exchange.


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    Sardonic Observer Jewboo's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    Quote Originally Posted by mamboni View Post

    http://media.giphy.com/media/aLTFHi2aowjJe/giphy.gif
    Fuck you Book you schadenfreude-enjoying asshole!
    http://www.thepowderblues.com/forum/...lies/shrug.gif

  3. #13
    Unobtanium Shami-Amourae's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    I think I know where he went now.

    https://derpicdn.net/img/2013/3/5/263304/full.jpg

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    Neuro (19th August 2015)

  5. #14
    Sardonic Observer Jewboo's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    Quote Originally Posted by Shami-Amourae View Post

    I think I know where he went now.
    Nah. He is still alive. He should just return and post "what the fuck was I thinking?" and get on with GSUS LIFE as usual. I want to goad him into returning so he can laugh it off and move on. One of the most creative Photoshop artists I know...he can have fun mocking me again.

    great image by the way...i'm stealing it


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    Neuro (19th August 2015)

  7. #15
    Unobtanium Shami-Amourae's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    Quote Originally Posted by Jewboo View Post
    One of the most creative Photoshop artists I know...he can have fun mocking me again.
    I'm the greatest Photoshop artist you know.

    I just take a while to do my quality work.

  8. #16
    Sardonic Observer Jewboo's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    Quote Originally Posted by Shami-Amourae View Post
    I'm the greatest Photoshop artist you know.
    http://iamthewitness.com/index-3.html


    http://iamthewitness.com/img/They.Live.jpg

    This appeared on the front page of The French Connection and has been posted elsewhere all over the internet. Mamboni created this (before he got mad) upon my suggestion. GIM1 had many examples of Mamboni's creativity. He created the GSUS logo.



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    Shami-Amourae (19th August 2015)

  10. #17
    Unobtanium Shami-Amourae's Avatar
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    Re: Silver To Hit New Highs Despite Bearish Forecasts

    Quote Originally Posted by Jewboo View Post
    http://iamthewitness.com/index-3.html


    He created the GSUS logo.



    I created the Truth in Our Time logo.

    I do Photoshop basically for a living, and Blender. Mostly Blender.

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