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Kurr
1000+ Penny Miser Member
2906 Posts |
 Posted - 03/22/2010 : 08:44:56
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Ok,
from what I seen last nite during the vote and the follow up this morning I think it is safe to say that people or companies are going to TANK THE PM MARKETS by selling off to throw their capital into THE INSURANCE SECTOR now that it is by law MANDATORY to buy insurance.
You know what to pick on the fantasy stock game now!
How low do you think PMS will go in this?
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The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b]
He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?
KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The book of The Hundreds: http://www.land.netonecom.net/tlp/ref/boh/bookOfTheHundreds_v4.1.pdf
The Two Republics: http://www.whitehorsemedia.com/docs/THE_TWO_REPUBLICS.pdf
Good reading: http://ecclesia.org/truth/government.html
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 03/22/2010 : 12:56:13
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Seems that the morning's initial selloff caused by many speculators going short is over. BUYers saw opportunity on the dip and are now chasing the scared lemmings away. PMs and the stock market have made a quick rebound. 
Did you BUY this morning?  |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 03/22/2010 : 21:03:53
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As some of you may know I just started a business(I'm in L.A. btw). ATM money is real tight, it's so tight that people are holding off of stocking up on inventory.
I feel we will see $14 silver again. I need cash-flow atm but if pm's drop to $14.50 or less I'm buying.
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 03/22/2010 : 21:07:20
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Correction:
"I need cash-flow atm but if pm's drop to..."
if gold drops to $950 and silver to $14.50. I already sold my 1oz. platinum and palladium, just holding on to my fractional.(didn't have too much anyhow).
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Mountain 7 PM
Pacific 6 PM ( HoardCopperByTheTon Time)
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/23/2010 : 11:00:29
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| Silver was down near $16.60 but has bounced back to $17.00. I don't see a silver crash anytime soon, but then I don't see it breaking $18.00 in the near future. |
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Falling Silver
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