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** SILVER to possibly have new normal of $75 **

 
TransientAPO

User ID: 830963
United States
08/10/2011 08:50 AM

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** SILVER to possibly have new normal of $75 **
Excerpt:

"Fundamentally, nothing of substance has changed since 2007 except that the banks have lots of money on hand. You have to understand that the silver market has a mind of its own. What happened in 2008 was a silver sell-off that caused a shortage, pushing the physical price of silver at the retail level to around $13/oz. while paper silver traded under $9/oz. on the futures exchanges. Excessive short selling then ran the price from about the $20/oz. level to the brink of $50/oz. The next leg up could take out the $50/oz. level after a few tries and then not look back until establishing a new nominal level of $65/oz.–$75/oz."
dance
...like a splinter in your mind
TransientAPO (OP)

User ID: 830963
United States
08/10/2011 08:50 AM

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Re: ** SILVER to possibly have new normal of $75 **
Forgot the link...

[link to www.theaureport.com]
...like a splinter in your mind
Anonymous Coward
User ID: 1499846
United States
08/10/2011 08:51 AM
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Re: ** SILVER to possibly have new normal of $75 **
Never happen.. Silver is used to much for everyday use. China is grabbing it up as they grow along with the rest of the world.. So it will never go past 45 anytime soon
Anonymous Coward
User ID: 1492565
Latvia
08/10/2011 08:59 AM
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Re: ** SILVER to possibly have new normal of $75 **
Never happen.. Silver is used to much for everyday use. China is grabbing it up as they grow along with the rest of the world.. So it will never go past 45 anytime soon
 Quoting: Anonymous Coward 1499846


HAHAHAHAHA you are truly retarded.
TransientAPO (OP)

User ID: 830963
United States
08/10/2011 09:03 AM

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Re: ** SILVER to possibly have new normal of $75 **
Never happen.. Silver is used to much for everyday use. China is grabbing it up as they grow along with the rest of the world.. So it will never go past 45 anytime soon
 Quoting: Anonymous Coward 1499846


Ahh, that must be why oil is so cheap...all that demand. lol
It may not ever hit $75, but if it doesn't the high deman won't be why.
...like a splinter in your mind
Anonymous Coward
User ID: 1500678
United States
08/10/2011 09:05 AM
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Re: ** SILVER to possibly have new normal of $75 **
dallor devalued...

silver at $500.00 per oz...

GRACE AND PEACE AND LOVE TO YOU IN THE NAME OF JESUS CHRIST!!!


STOCK MARKET AT 1,800

PROPERTY OWNED BY GOVERMENT..

DALLOR DEVALUED TO 100 TO 1....


PEOPLE DISAPPEAR!!!

GREAT...

NICE GOING!!!


ONE CHANCE LEFT...


[link to knol.google.com]
Anonymous Coward
User ID: 1500678
United States
08/10/2011 09:07 AM
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Re: ** SILVER to possibly have new normal of $75 **
Never happen.. Silver is used to much for everyday use. China is grabbing it up as they grow along with the rest of the world.. So it will never go past 45 anytime soon
 Quoting: Anonymous Coward 1499846


HAHAHAHAHA you are truly retarded.
 Quoting: Anonymous Coward 1492565


YOU HAVE NO CLUE!!!!
TransientAPO (OP)

User ID: 1339857
United States
08/10/2011 10:25 AM

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Re: ** SILVER to possibly have new normal of $75 **
bump
One of the current pins suggests Gold has hit a support that may trigger a correction...Money might run to Silver!! Buy now to get in on it!bump
...like a splinter in your mind
Anonymous Coward
User ID: 1490450
United States
08/10/2011 10:44 AM
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Re: ** SILVER to possibly have new normal of $75 **
bump
One of the current pins suggests Gold has hit a support that may trigger a correction...Money might run to Silver!! Buy now to get in on it!bump
 Quoting: TransientAPO


Correct. Right now the big money (banks, billionaires, "smart" money), see the wave of economical disaster ahead and are hiding their money in the gold "sand". When the average Joe realizes that the paper on wall street and main street will not recover its losses and in fact is in free fall, you will see the cost of "poor mans gold", silver, go up substantially. However this will not be a good thing. Because at this point blood will be in the streets across the USA and across the globe. Look at the rise of gold and silver as a barometer. When silver hits $70-90 an ounce, it will be too late. And expect that kind of a jump over any given weekend...

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