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OK, I am back LONG silver. PAPertards never learn. American Eagle gold coins sales up 158% in May 2012. Even Soros is getting physical!
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Remember my thread: STRONGMAN SHELFORD 2012 ECONOMIC PREDICTIONS: BUY PLATINUM AND SILVER NOW. GET A PIECE OF PAPER. WRITE THIS DOWN!
Thread: STRONGMAN SHELFORD 2012 ECONOMIC PREDICTIONS: BUY PLATINUM AND SILVER NOW. GET A PIECE OF PAPER. WRITE THIS DOWN! 01/25/2012 04:25 PM
Then 1 month later , I recommended protecting profits protecting profits
STRONGMAN SHELFORD 2012 ECONOMIC PREDICTIONS: 9,3% UP in only 1 month . 02/23/2012 06:33 AM
Thread: STRONGMAN SHELFORD 2012 ECONOMIC PREDICTIONS: 9,3% UP in only 1 month .
You see. This is the real deal. I recommended how to trade metals on GLP. I am a GlPer guy who is a bank analyst and since I am argentinian I have seen all the economic doom you can imagine...twice: hyperinflation, bank runs, bank meltdown, economic depression, "corralitos", retirement fund confiscation, populism... cheating in inflation numbers, you name it. yes , we have seen it all.
Now I am BACK long SILVER.
this is the situation:
1) Europe is insolvent. Getting full of socialists. It is doomed. You can confirm this. Check this figure : DEBT/GDP FISCAL DEFICIT/GDP . TRADE BALANCE. DEFICIT PROJECTIONS. THIS WILL TEACH THAT EUROPE IS DOOMED BASICALLY.
2) USA is doomed but it still safe haven and the dollar is still the king. I guess Bernanke will print money should things get even more doomier to protect the USA from a crisis contagion.
3) Gold was bought heavily around 1500 over and over again. I suspect there is central bank protection around this level. The same for silver in 26$ . Buy these levels
4) Papertards never learn. American are still hoarding gold and silver like crazy:
American Eagle gold bullion sales more than double in May The U.S. Mint's sales of American Eagle gold bullion coins in May rose 158% over the total number purchased in April.
Sales of American Eagle silver bullion coins rose 89% during the same period.
[link to www.mineweb.com]
Soros, Eton Park Raised Gold ETP Holdings Before Price Drop [link to www.businessweek.com]
The dollar is king. Deflationtards all over the place will come to say " buy only dollar." They don´t understand that The USA is getting ready to destroy the dollar to lower trade deficit with China. So that´s why gold is being bought heavily above 1500$
Check the Great Betrayal of 2012 by Larry Edelson video now: ( a must see)
[link to finance.uncommonwisdomdaily.com]
5) Globalists are trying like crazy to consolidate power in Europe: Fiscal union, bank union,etc. They want to consolidate power and destroy the remaining freedom in Europe. This is a big puzzle to bring World government later.
6) I am back buying silver. You should exchange your wealth for real things, tangible assets not accesible to government for confiscation. US Dollar will be the last paper money to fall. BUt it will fall guaranteed
7) Stay alert. Get a piece of paper and write this down: Drop your paper assets, buy silver for 28,59$ and invest in yourself. Don´t believe 100% you read from financial analysts. Be you the guy in charge of your money.Buy all you can between 26-29$
Strongman Shelford GLP Veteran Markets Analyst
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