Banks have 45% of all silver short contracts.
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Uploader Comments (davincij15)
All Comments (224)
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I've had time to think about your advise and I know now that you are 100% CORRECT !! .I'm loading up on GOLD AND SILVER. THANKS
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I agree with your assessment of Dan, However he is a nice guy at heart. He is just not a person most would identify with.
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i've known dan, personally ... for years.
dans problem, and always has been - is that he doesn't understand that not everyone has his I.Q., not everyone can do differential equations in their head, and not everyone has his memory capabilities.
in the end, instead of realizing that not everyone has his abilities, he just ends up flying off the hand.
trust me, dan has an extremely, extremely short termper
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Hook yourself up! lol
Also, I liked "you don't need to be a rocket science.... tist". :-D
Anyway, I absolutely agree. This is the story of the, well, it's a really big story even among all the other big stories happening right now.
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I like that sign man.
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What happens if the banks go bankrupt? Liftoff ! And possibly a currency crash at the same time.
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Gold can store some value but most of it's value comes from jewellery as 70% - 75% of gold is used on jewellery not coins or bullion (19% of gold is used as an investment). gold. org will back this figure up. Jewellery demand will go down so that leaves more gold for 'investors' so the price won't go up like you think. Don't overcommit yourself to gold.
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Just checked charts Silver seems to operating independantly of Gold any one have any thoughts on this?? and there is not much left
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YEP:-)
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I copied some quotes from Marc Faber from the site of bullionvault:
"In the US we have a totally new school of economic thought," Faber went on, "and it's called the Zimbabwe School of Economics.
"If something goes wrong, print. If it doesn't get fixed, print more. If it then goes even worse, print more."
dontblamethemessenge 3 years ago
That is America today.
davincij15 3 years ago