Bill Murphy "$100 silver very very soon"

[1970 silver art]

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.

[Skirnir_]

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.

[Uncle Salty]

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.

[midnight rambler]

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

[Twisted Titan]

I agree! This is an oldy but a goldy: Mike Maloney's Debt Collapse 90 minute presentation:



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.

[Neuro]

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...

[Neuro]

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...

[1970 silver art]

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.

[undgrd]

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.

[beefsteak]

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.