Silver....all about the economic outlook...

[Dman]

Hey....silver was up half a cent!! Rally time!! Buy buy buy...

Don't feel too bad about what these' "genius's", say. They attacked me when I predicted silver would fall to $16 when silver was at $40. You are on the right track and don't let these guys that use somebody else's charts or words to influence you. Most these guys are working 9-5 jobs. When they are buying, selling, and trading for a living then I might start listening to them.

 

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[Marchas45]

Well I'm Back up and running and yes my friends the PM's are heading up now not down IMO. Friday's rise may have been about this article Another "Conspiracy Theory" Bites The Dust: UBS Settles Over Gold Rigging, Many More Banks To Follow | Zero Hedge because their heading up. Lol

 

[Bigheed]

hard to say what the exact cost per ounce out of the ground is because silver in general is a by product of other mining.

 

[jim4silver]

Good to see both PM's and dollar moving UP together recently. I believe the EU QE will cause the dollar to break old record highs, and perhaps PM's will follow?


Jim

 

[cdickrun64]

Ok....12 of my 12-18 months have passed. Silver appears to be leveling off around $16. still waiting for it to go lower.... Time will tell.

 

[cdickrun64]

I am waiting for $12.50 per oz to buy. Might take 12-18 months....patience is a virtue...

Well....it has been 19 months, and silver is at $14. Saving my cash for the spring when silver hits $12.50.

 

[cdickrun64]

How much of the stock gains were due to quantitative easing? I listen to the cable financial pundits etc in the car and office and for the past year + it was never about how well the companies were doing, it was "will the fed taper?" or not. Now that they are tapering the markets have not moved up much at all. You quote Nasdaq, but that market has not been doing so well since the tapering has been going on if you look at the charts.

The stock market and the US economy are not one in the same necessarily. I can only say from being a small business owner and seeing a decline in business in my world and that of other small business owners I am friends with in different trades, that things are not getting better.

That nasty national debt isn't going away and the dollar is losing share worldwide as we speak and this trend will only get worse. I wish it weren't so. Right now it is easy to be a PM bear and look smart. We'll see though in the next months or year who is right and who is wrong.

Just my opinion.

Jim

I guess we have our answer.