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Old 09-04-2012, 05:53 PM   #1
blankostaroe

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Default something big is coming to silver......
http://www.beaconequity.com/somethin...er-2012-09-04/
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Old 09-04-2012, 06:05 PM   #2
Licacivelip

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Good article talking their book - a book I happen to like!

Bits and pieces from Turk, von Greyerz, Sinclair and Grant. I read all these guys and the consensus is silver and gold are now beginning to kick ass and take names. Time will tell.
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Old 09-04-2012, 06:23 PM   #3
margoaroyo

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It doesn't matter if silver never explodes.

All that matters is I own a asset that is universally accepted ,beyond the reproach of anyone unless I grant Consent and something I can pass on to my heirs completely unencumbered.

I don't buy it for future value .....I buy it for peace of mind
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Old 09-04-2012, 06:53 PM   #4
MondayBlues

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It will be interesting to see if silver gets back near $50 within the next 9 months. I wouldn't be surprised if there's a failure at the second shot at $50, in the same way that it took gold a third attempt to bust through $1000. $50 will probably be heavily defended, because it's such an important price lid. The next real boundary is the psychological barrier of $100, so there would be plenty of room for the price to roam above $50. I would expect some furious price swings (up and down) in that $50-$100 range. The next psychological barrier after that is the inflation-adjusted peak, which right now is about $140.

For gold, the inflation-adjusted peak price is currently around $2450. My year-to-year analysis indicates that is a reasonable interim peak for 2012-2013. What's interesting is that a 50:1 ratio on $2450 gold puts silver at $50. If the ratio were to compress to its 2011 low of 32:1, that would put silver in the $75-$80 range.

But as TT says, these are just numbers compared to the long term reliability of the asset.
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Old 09-04-2012, 07:27 PM   #5
AdipexAdipex

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It will be interesting to see if silver gets back near $50 within the next 9 months. I wouldn't be surprised if there's a failure at the second shot at $50, in the same way that it took gold a third attempt to bust through $1000. $50 will probably be heavily defended, because it's such an important price lid. The next real boundary is the psychological barrier of $100, so there would be plenty of room for the price to roam above $50. I would expect some furious price swings (up and down) in that $50-$100 range. The next psychological barrier after that is the inflation-adjusted peak, which right now is about $140.

For gold, the inflation-adjusted peak price is currently around $2450. My year-to-year analysis indicates that is a reasonable interim peak for 2012-2013. What's interesting is that a 50:1 ratio on $2450 gold puts silver at $50. If the ratio were to compress to its 2011 low of 32:1, that would put silver in the $75-$80 range.

But as TT says, these are just numbers compared to the long term reliability of the asset.
I think it comes down to the GSR

like if GSR was 40 to 1 for the last run, gold was like $1930 or so

This time when GSR hits 40 to 1, Gold will be like much higher, maybe $2200, maybe more.

and this time GSR goes lower, maybe 30 to 1

the GSR is one of the only reliable indicators I have seen through this market, it rarely lies. When GSR is high, we are at a bottom, when its low, we are near a top

When GSR is tightening, we are on our way up, when its getting bigger we are on our way down (correction)
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Old 09-04-2012, 08:34 PM   #6
iklostardinn

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Anyone up for a Rocket yet?

Don't mean to jump the gun but........
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Old 09-04-2012, 08:53 PM   #7
VodsNittats

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Anyone up for a Rocket yet?

Don't mean to jump the gun but........
Don't do it!!!!! Everybody be kool! You....be kool!
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Old 09-04-2012, 09:32 PM   #8
SarSerceSaice

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http://kingworldnews.com/kingworldne...Under_Way.html
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Old 09-04-2012, 09:49 PM   #9
Keyclenef

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It's the best I can do at this time.

rocket-pop.jpg
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Old 09-04-2012, 09:52 PM   #10
elalmhicabalp

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It's the best I can do at this time.

rocket-pop.jpg
Well, it's better than nothing.

Can't wait for $50 silver, so we can post something that will attain orbit!
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Old 09-04-2012, 09:56 PM   #11
Yyaqyped

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It's the best I can do at this time.

rocket-pop.jpg
I see what you did there...red white and blue....those rockets are dollar positive.
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Old 09-04-2012, 10:05 PM   #12
Vikonbarius

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As of Friday, the official debt tally is now $16,015,769,788,215.80.


Not much 'dollar positive' there. I needed to offset this and get something ready for orbit!
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Old 09-04-2012, 10:36 PM   #13
jimbomaxf

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As of Friday, the official debt tally is now $16,015,769,788,215.80.


Not much 'dollar positive' there. I needed to offset this and get something ready for orbit!
Oops it looks like the rise is slowing down, a Iran/Syria campaign could fix that, and a war is always dollah-positive innit
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