Have PMs hit a bottom?

[jim4silver]

Have PM's hit a bottom?

The dollar has been on a bull run lately but PM's have not been smacked down any more than they have over the past year or so. I am wondering if we have hit a bottom in how far the paper traders can push PM's down because with the dollar rallying we should be going farther down percentage wise.

Maybe they know the costs to produce physical have been breached too far and they can't push it any lower. Also, perhaps sovereign demand heats up when we get too low and the manipulators don't want that to happen?

PS Anyone keeping score on some of the numbnut PM pundits' predictions over the past 6 months and how wrong they have been, yet some PM sites treat their opinions like gospel and some PM bugs follow them as such? One day when PM's finally do take off these same fools will come forward and say "see, I told ya so". Even though their calls have been wrong for so long.


Just my opinion.

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Jim

 

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[Davers]

Good Post..

We Shall See..

Davers

 

[Marchas45]

Hi! Jim I heard Brent Cook on TFMetals today and he gave his opinion of $16 to $19 Silver Production Cost. So we may see some more falling prices. Yuk!!! Keep Stacking Charlie

 

[pronghorn]

I've asked this before, am I the only one that rejoices when silver goes down?

Bought 80 br uncirc 64 kennedys, 40 br uncirc Canadian 63 and 66 dollars,
3 1883P morgans and 6 1880S ms 65 morgans this week, sure as shootin
lost 100 bucks or more as silver dropped to sub $19. Am I bitter?
I know all I have to do is buy and silver will go down. I should post here
when I am going to buy so you guys can know silver will drop.

 

[fistfulladirt]

I've asked this before, am I the only one that rejoices when silver goes down?

Bought 80 br uncirc 64 kennedys, 40 br uncirc Canadian 63 and 66 dollars,
3 1883P morgans and 6 1880S ms 65 morgans this week, sure as shootin
lost 100 bucks or more as silver dropped to sub $19. Am I bitter?
I know all I have to do is buy and silver will go down. I should post here
when I am going to buy so you guys can know silver will drop.

Misery loves company my friend.

 

[HenryWaltonJonesJr]

With those PM blogs if they keep saying one thing eventually they will be right.

As the presidency term ends into 2016 I expect the uncertainty to raise prices from where they are today. I expect the chances are 50/50 hah!

As long as one of these future looking space mining companies don't locate a 500 ton gold asteroid and pull it into orbit to mine PM will always be a safe long term investment and hedge against inflation.