My question is, what is the exit strategy? Previously in history, when a commodity peaked, you cashed it back out for dollars because the dollar had long term credibility. But now, if you go on the very reasonable assumption that the dollar is going to crash for good leading into extinction, do you really want to be holding on to dollars even if your silver profit is millions?
For me guys anything below 20 delivered to your door is a screaming buy. After that I will evaluate again, but now its buy buy buy. Think about the ratio of gold and silver right now. Think about the fact that silver is more rare about ground and think about the fact that there are hundred of millions of people that don't even know what the hell is going on. when they find out they will jump in with both feet because gold will be way out of their price range.
I would agree it may be in a bubble but check this out on you tube WHO LET CHINAS SILVER BULLS OUT now add to that the china gov said they are not going to honor there derivitive comex contracts and add to this the gov in china are promoting and selling gold and silver to the people at cost from there banks. I see big trouble in the next 2 years.
My question is, what is the exit strategy? Previously in history, when a commodity peaked, you cashed it back out for dollars because the dollar had long term credibility. But now, if you go on the very reasonable assumption that the dollar is going to crash for good leading into extinction, do you really want to be holding on to dollars even if your silver profit is millions?
MORCOPOLO0817 2 years ago
For me guys anything below 20 delivered to your door is a screaming buy. After that I will evaluate again, but now its buy buy buy. Think about the ratio of gold and silver right now. Think about the fact that silver is more rare about ground and think about the fact that there are hundred of millions of people that don't even know what the hell is going on. when they find out they will jump in with both feet because gold will be way out of their price range.
AEKARA27 2 years ago
I would agree it may be in a bubble but check this out on you tube WHO LET CHINAS SILVER BULLS OUT now add to that the china gov said they are not going to honor there derivitive comex contracts and add to this the gov in china are promoting and selling gold and silver to the people at cost from there banks. I see big trouble in the next 2 years.
golfprobro4eagles 2 years ago
so im thinking to get in at 15.50 Its never low enough when you want in
creten69 2 years ago
It's likely as low as it will be at any time in our lives. I would not wait.
surferaw949 2 years ago
Butler is a 'little bit disappointed by the commodities commission'?
I never got his faith in this commission. It's a bunch of corrupt Goldman Sachs criminals ...
qminusis 2 years ago 3
China Cant let it fall, it will lose face with its citizens prolly whatcha reckon?!?!
fox20012 2 years ago
5*S AS ALWAYS
micollision 2 years ago