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Bumble Bees, Gold and a Single Scoop Recession.

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  • dqnet
    dqnet Posts: 308 Forumite
    Tenth Anniversary 100 Posts Combo Breaker Name Dropper
    this is just it... im confused! i mean surely if just keeps going up is one not right in saying your an idiot not to buy regardless of the price?
  • Loopgames
    Loopgames Posts: 805 Forumite
    I'm just buying for the medium to long term. Irrelevant of prices today. In the bigger picture it is irrelevant whether you buy at $44k per kilo or $43k per kilo..just buy!
  • dqnet wrote: »
    this is just it... im confused! i mean surely if just keeps going up is one not right in saying your an idiot not to buy regardless of the price?

    Yes you are right you are an idiot not to buy regardless of the price.

    As my name suggests I am more keen on silver. Gold is already at non inflation adjusted all time highs, silver not even half way there yet.

    Things do seem to be changing in the silver market though, Now is the perfect time to get it. Start buying physical silver today.

    http://www.safehaven.com/article/18524/the-long-and-short-of-whats-happening-with-silver-these-days?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+safehaven/all-articles+(Safehaven+-+Most+Recent+Articles)&utm_content=My+Yahoo

    Something has drastically changed in the silver market. The banks that once controlled the price of silver are now closing positions at a loss. The commercial shorts have begun to bleed money - and when blood spills sharks will circle. Hedge funds and traders that never even thought of silver before will begin to squeeze the shorts. If the big banks don't quickly regain control of the silver market they may lose it forever.
    Anyone following the futures market for silver knows that the large commercial traders, banks such as JPM, always win. That is until now. Let's look at the history of short selling as it related to silver in the past, what has been occurring recently and what may unfold in the very near future, as follows.
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