Silver! Who Is On This Train?

Inflation determines the price of gold and inflation is rampant.

The printing presses are running full steam ahead. And the money is flooding the stock market. The Dow Jones is going to burst.

GOld and Silver will always be valuable. The paper in my ban account and the stocks I own not necessarily infallible.

Balzac89 said:

Inflation determines the price of gold and inflation is rampant.

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funny, haven't noticed much inflation lately. price of a gallon of milk is almost the same as what it was 8 years ago. price of beef went up with the drought but is coming down. core inflation is minimal.

Gasoline for instance If I had time I would find some charts. We use far less gasoline than in 2008 and the price is nearly the same. We are on a steady course of 2-3 percent inflation a year.

The last time gold crashed like this the stock market went belly up right behind it

UncleBuck said:

and silver has gone from about $50 an ounce when this thread started down to about half of that today.

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$50?? More like $35. BTW,Hows the battle with ignorance going? Uphill with a layer of ice it looks like.

The price of gold is determined by the amount of options contracts taken out on the COMEX. Negative real interest rates are the main correlating factor with gold future prices.

I love bucky beavers chart of the price of gold, because it is so high today it musty be a bubble and must be going to burst. I wonder if anything else is in a current bubble that has a similar looking chart.

Hmmmmmm



DJIA "That Bitch is gonna Blow"



US Housing: "That bitch is gonna blow!"



Tuition: "That bitch is gonna blow!"




Oil: "That bitch is gonna blow!!"




US Bond Market: "That bitch is gonna blow!!!"


Yes folks, everything is about to pop Because according to Bucky Beaver, anything that has increased in price of the last 40 years is in a bubble and is about to POP!!

Do you think Bucky Beaver is right? Are we all doomed or is Bucky a Casandra and the Moron who cried wolf again?

Home ownership rates:

Big Bubble about to Pop.


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Credit market: "This bitch is about to blow!!"\

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Corn Yields!!!

This Bitch is about to BLow!!!"

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and worst of all!!!!!! WORLD POPULATION IS IN A BUBBLE!!!

THIS BITCH IS ABOUT TO BLOW!!!!!

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Since the price crash, gold stock piles are being eaten up by physical investors. Silver is almost impossible to find in any size other than coin.

The feds are propping the market up with inflation. Most of the printed money or QE is going into bond and stock market, not the open market.

I can't find any fukin silver outside of single oz coins that are way over priced.

[video=youtube;QGZ5f1G1Ep0]http://www.youtube.com/watch?v=QGZ5f1G1Ep0&feature=player_embedded[/video]

I bought twenty 10oz bars on Thursday. There was a line going out the door of the exchange consisting of nothing but BUYERS. There were no Silver eagles to be bought, they were sold out for the next 3 months.

and gold drops 10% in a day.

gee, who predicted that bubble was gonna burst?

Buck do you know how the market operates for Gold and Silver demand?

If the market doesn't equalize price soon the warehouses will run dry. People are running to bullion dealers to BUY not to SELL. The price of Gold and Silver based on futures contracts on metal that literally does not exist. The amount of paper gold traded is 100x more than what physical gold is actually above ground mined. These sale of these gold futures determine the price currently. Big players dropped 50 billion dollars worth of gold futures contracts to push down the price on paper. The CME being the lead.

You keep laughing at us and we keep buying. We shall see who is laughing 10 years from now when the markets in fiat currency dissolves because the Fed's can't not print to infinity and QE. With every QE the market rises and falls into sell off within a few months. The gas tank and this economy is almost dried up. Gold and silver will be very highly revalued in the near future.

I hope the price keeps dropping. I can buy more for less. You can't break my confidence in the market long term. Right now it is a joke and it will be on whoever doesn't buy. Gold and silver have only been valuable forever?