Silver -6%! The Collapse has begun!! Wed 12/14/11 update

[JPMorganSuckBalls]

Bear for a very very short-term

[itsadeadmansparty]

thanks

[waldentree]

Silver is fucked. Get over it. US dollar reigns supreme for many years to come. LMFAO.

[bullorbearreport]

@waldentree We'll I'm still laughing to the bank because I'm up over 150% average since I started buying Gold at $650 & 150% from my silver $11's purchases... Where has the dollar gotten you in the past 5-6 years. -50% purchasing power at the minimum if now worse... It's a false sense of temporary security. I always advocate Holding SOME CASH as I said in many video's. But Diversification is the key to survive and thrive.

[magichandpuppet]

It may be better to Not pay down your mortgage as it could get inflated away. It may get really cheap to pay off from the sell of precious metals. It's a gamble, but that is my strategy. We'll see if it works I guess!

[hdtwal1den]

Okay, so let me get this straight. Silver fell because 1.) the dollar is rising 2.) the Fed isn't doing QE3 right now, 3.) Europe is imploding and that makes the US look solid 4.) China is imploding so commodities are going down, 5) treasuries are going up 6.) traders are drinking eggnog.

BUT .. . OTHER THAN THAT, there's no good reason for it to go down. Dude! C'mon. Love ya, but ya gotta look at your investments objectively. Sometimes things go down for a reason (or six)!

[bullorbearreport]

@hdtwal1den I was just giving everyone one reason they could pick from or none of the above. Either way the trend is in correction and it is what it is.... Caution advised and keep accumulating Gold/Silver with spare cash on a regular basis. My best advise.

[SunShine8308]

@bullorbearreport I think bullorbear is not misleading or misled. What he is saying is that long, long term it makes sense, but it may not pay off for a very long time, and one should probably not buy strictly with profit in mind, but as a safety hedge. -"tarotworldtour"

[viwinner]

just bought me 10 oz of the physical on the bottom of the dip.

[bullorbearreport]

@viwinner Awesome!

[smasila]

paper money and paper anything is going to 0. We are witnessing it. Keep stacking.

[SLVBULL]

Silver getting smacked down. Noise people that's all it is. The banksters want to shake out the weak players. Silver is not for the faint hearted. I thank jpmorgan every time silver gets smacked as I just keep buying more. It's a "gift". Stack the smack you tubers and don't listen to any so called experts calling silver and gold being in a bubble. Look at silver as being an elastic band. The more they pull it down the higher it will rebound. Stack the smack.

[Chismoso7]

let gold go down to $500.00  I will fill my trunk at that price.

[smasila]

@Chismoso7 Agreed. Start backing up the trucks.

[takerdust]

I got slammed on agq..  the only leverage etf i trust is UGL even with gold coming down

[elimar008]

@takerdust i trust no etfs more than few days

[bullorbearreport]

@takerdust That's why I advise NO LEVERAGED etf's.  Good luck.

[takerdust]

check the dollar index charts, the dollar is going to be heading back down soon

[bullorbearreport]

@takerdust Eventually.  But not at this moment.

[SilverDude7890]

Lot of people interested in North Carolina now for some reason. I've heard of others looking there too. Dont forget guns and ammo are commodities too. I have a feeling too, that all silver investors are going to get their head handed to them this time, which probably means the bottom is in.

[bullorbearreport]

@SilverDude7890 If silver is going to crash then the great depression will be upon us. So it is what it is. But that lower value of silver will buy much more real assets.. It's all relative.

[ShikamaruTKD]

i dont care about short term.. 10 years from now silver will be in the three digits.

[TonyBeanify]

@ShikamaruTKD wait a minute... 10 years?? o.O

[45yeldar]

@ShikamaruTKD

Can you guarantee that? Can you guarantee you'll seill be around in 10 years?

[bullorbearreport]

@ShikamaruTKD Good time horizon. Thumbs up.

[bullsnutsoz]

Man you look like me at 35 years old, old and white now but still feeken handsome!

[dbztiki]

Wait a sec, Cramer said to sell everything? That means it is time to buy.

[bullorbearreport]

@dbztiki That was my thought exactly! lol..

[cetnik03]

@bullorbearreport what blue chips you talking about?? you mean buy stock after everything is collapsing? is that better than getting land or property? the question is what to trade your gold and silver for eventually

[bullorbearreport]

@cetnik03 You buy everything by diversifying... Depending on how much funds you have. I always recommend diversifying into blue chip dividend paying stocks, Gold, Silver, real estate and a business. Good luck.

[hdtwal1den]

@dbztiki Hahahaha! Amen, brother!

[62636263c]

don't see the Fed having enough peddle to stimulate a massive deflationary spiral. They would have to stimulate to the tune of 50 to 75 Trillion dollars. Most likely we will see something like Japan. They stimulate enough to slow it down and stretch it out over many years until we hit a real bottom. Japan now in this for 20+ years.

[smasila]

@62636263c People say buy stocks when the DOW goes down to 5000. How do you know we'll have a stock market when things really go down? The past rallies based upon governments pirinting money, they are printing money like crazy and things are going down. I say we'll won't see a stock market again.

[cassanoa]

feds gonna print - there just shaking the tree

[caessarion]

asheville is a neat place. I travel the states and but cheap homes and sell them. Unless you want country, and depends on how cheap? My stuff is DIRT cheap. I don't really buy anything over 10k. Did you know acres are as low as 1k if you get 80 or more and 2k for smaller parcels. A guy wanted 10k for 3 acres and a house, well a dump. But good "schools" if you can call any of them that.

When they announce qe, how does g/s react?

[prwong80]

Well why not hold cash and maximize your buying power, consistent with a smart deflation strategy? Because you are advocating (correctly) deflation.

[im4osu2ru]

Texas is the only place to be in the future!

[kevink040]

@im4osu2ru God I Hope Not!

[quadcatfly]

... and I made oodles of money today on long USD/EUR nee nee neee...

[blazefury2010]

Excellent advice. Always diversify! And sleep well at night.

[thrasher956]

it's a paper game..

[dmger14]

Nobody knows deflation or inflation for sure, but for inflation to occur, the money needs to get into the economy and not be held as reserves for interest. We all know the fed will print, but what if it's pushing on a string in terms of getting into the economy to drive price inflation?

[dauerhaft1]

what do you think of physical copper holding...like copper pennies? thanks for the info brother

[SunnyMoon2010]

Every time someone quoting "Kramer", his credibility is gone.  Why would someone serious about investing listen to Jim Kramer ? To me, that guy is a crook. Watching him and listening to him for investment advise is just __________....

[nezahualcoyotl2012]

Everyone is too emotional and sensational about commodities... you should calm down. Listen to Bob Chapman and Jim Sinclair and Jim Rogers. They are real experts who have actually been in the market as a professional. You just seem like you are guessing. I wouldn't take your advice.

[StackO20]

Pretty optimistic about the GE taking off after the collapse. It will be a very long "RESET". Good Video.

[spaghetti3331]

Just because Silver took a beating, everyone is turning bearish over night. Silver might continue to slide for a quarter, but this is a great change to purchase bit by bit again. Remember that the US is drowning in a deficit of 15 trillion. Moreover, the problems in the EU have only been postponed.

[cityguyable]

For someone whose pretty sure of a collapse you seem pretty confident of being in the stock market, having a paid off house that might plummet in value, and no immediate exit strategy out of them should collapse really be imminent. I have a paid off home/rental prop, no immediate exit strategy, and about 50k or so in a defined benefit pension plan that I can't access unless I quit. And I gotta tell you it concerns the heck outta me.

[Nexstar100]

The crash will come next year, summer or fall time, then they will pull a faulse flag and some kind of world event to draw your attention away from the real issues.

[Nexstar100]

I don't think it will crash, the game is played back n forth...the Euro then the US dollar then back to the Euro then back the US dollar. It's a game they play but at some point the game is over, it can only go on for so long.

[MamaOkie]

Karl - Check out Oklahoma! Money goes a long way here.

[bullorbearreport]

@MamaOkie Too far from NY. I have a lot of family in NY. Thank you.

[djnamelessmix]

Nice vid. I agree that people shouldn't stress about the current gold and silver prices. However, it does sting a bit for long investors who bought at higher prices.

[IrradiateTheNWO]

more like choke the chicken

[BugsMr123]

Never forget ... the election year is less than a year ago.

[pdxeddie1111]

DIE BAC DIE

[Johnnyrockva]

Karl,

check Chesterfield.gov (Virginia)

(low taxes...best schools, spectacular family oriented area)

[OnlyGreatness007]

The US has too much debt for deflation. Benny will never let that happen. Expect another round of QE.

[tebanjose]

SELL SELL GET THE HELL OUT OF SILVER!!!!

[MamaOkie]

@tebanjose YES! Sell it to ME!!!

[ShikamaruTKD]

@tebanjose lol idiot