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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 06/28/2010 : 20:39:05
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11.Silver is like superman on drugs. He flies all over the place crashing into buildings, but he can’t overdose and die. If you use leverage to carry silver, you are hanging on to superman’s back. When he crashes into the wall the 10,000mph, he’ll be fine. I’m less sure about…you. Horrifically, few silver bugs want to look in the silver mirror and see the reality of silver, and they want to pretend silver is gold. It’s not gold. It’s silver! The risk of silver going to zero is not much different than it is for gold, and it tracks gold, but the silver price is exponentially more volatile than gold, and we’re entering the period of GOLD VOLATILITY, so hello, earth to silver investors on mars, what do you think is coming for silver! So, you need to have capital ready to move at silver prices “insanely” lower than what is rational, below what you “know” is possible. I own silver and I know exactly what I own; superman on drugs....
20.In the case of the gold community, the financial remains of the 2006 “divorce” and the 2008 “divorce” may be about to meet the 2010 divorce, only this time it could be via UPSIDE movement in the gold price. If YOU are UNDERWATER on any of your gold stock core holdings (I’m not), especially if you were mauled in 2006 AND in 2008, don’t sell now to get in “cheaper” later. You would be selling near the seasonal starting line of the strongest time of the year for gold, and doing so as all paper monies around the world are on the verge of catastrophic crisis...
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Facing the Music. Buying Gold In Jobs Report Week
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