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Eric Sprott says silver to $50 by end of 2011, and can easily double from here as central bankers continue to go wild. 6 minute video
Noooooooooooooooooooo Really ?
That's like Frank Lucas telling you his projections of Heroin shipments for the next two years. What did you expect ...
commentary on why the breakout in gold, silver, and mining stocks is a big deal, establishing the next leg up: http://www.youtube.com/watch?v=L_oh5ke2Cf8
forgive me for being so naive,
but what happens to all of these trades if, ;like, you know,
the Euro just ends?
I mean, ceases to exist?
Yes. That's naive.
Do you have more questions or is that it?
I actually bought stock in a uranium producer. It's up $1.20, bitchez.
Also, Spalding eats corn the long way.
Big deal, I'm up 90% in GLUU over a ten week period.....
hey turd if you are reading this: I believe in your last vid, we might see a snap back around the 40 mark; the ride's too smooth to be true, ruprecht and the witch must be up to something
Have you seen the dollar lately?
Theyll keep going until the dollar totaly defaults, they have nothing else. DOW might be 15,000 by then, and wouldnt even be worth 1/2 gram of gold.
we have hit trend line resistance....
as i write I see that the Nasdaq has jacked up by 0.8% since opening...
How can the WS asset market, the euro, the gold and silver bullion quotes AND the OIL market ALL rise at the same time....??? Has the financial world gone mad??? Has the word 'arbitrage' lost all meaning in this mad merry go-round???
Yes its all lost all meaning. All we need to look at is the incredible shrinking dollar and then realize this is all just Kabuki theater diverting from the fact things are FAR worse and way more unstable than they say. Just think TEPCO.
Wolfe Wave seen in Dollar index ...DXY........it will come down very fast .......cant paste the charts here sorry
"While we recognize the recovery is more solid..."
Spot on analysis . My own prediction is a blow off top following the rate hike tomorrow and by Monday afternoon at the latest a correction should be underway . If anyone is looking to short then I strongly recommend tunning into the ECB press conference an hour or so after the decision . If Trichet disappoints in the context of references to future hikes then the euro could come off hard and fast .
Anyway , I'll be shorting the inevitable spike after the 25bps ( or 50 ? ) rise announcement and listening carefully to the man himself later in the day .
The funniest part is this 'more solid recovery' would be blown to bits if anyone even suggested a rate hike. All just an illusion.
Anyone old enough here to remember the Kremlinologists? They were the experts that interpreted what was going on in the Kremlin by what was said and who stood closest to the head guy during the fucking parade. All we need now is a fucking parade....
This report is old news.
Anyone who uses the words 'core inflation' should be scrutinized.
When the market is telling you seomthing - and you don't think it makes sense - trust the market.
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