Silver Poised To Hit New Highs This Year

Silver is at $33.4/oz. now.

I hope it goes down to $25 so I can buy more before it goes back up.

UP then

DOWN

Definitely!! Hopefully I can catch it when it comes down.

DOWN then

UP

The continual roller coaster.

Jesus the lord told me and only me that if you don't have physical silver you are retarded.

Really?

When I buy more I was thinking of using an ETF. No room for more precious metals.

god told me and only me to not listen to jesus cus he's a nutcase...

I posted this on another thread but it applies here and I would be interested in some feedback.

So... I used to think that it was the PMs (precious metals) that were "fluctuating" in value.

Now I am beginning to see that what the daily PM market is tracking is a mixture of "confidence" in and the "deflation" of the currencies in which the PMs are being priced - meaning:

PMs rise as confidence wanes and deflation waxes, and

PMs fall when confidence increases and "perceived" deflation has decreased or at least been temporarily halted.

Reading the daily change in the value of PMs in this manner is precisely what the TBTFPTB (too big to fail powers that be) are fighting tooth and nail because to admit same means that their e"CON"omy is a just that - an historic "worldwide" confidence game (read ponzi scheme) - they postpone the inevitable by literally pricing PMs in their debased currencies (paper lies) in order to condition the public to think (and this scheme has worked and will work until it doesn't) that it is the PMs that are the variable and their CURRENCIES that are the constant (i.e. permanent!)

Any thoughts or am I way off base here?

Re: Silver (and gold) the question becomes how confident are you in the strengthening or at a minimum continued purchasing power of the dollar - afterall it is world's reserve currency but for how much longer?

I believe it!

Michael Purves: Hi-Yo, Silver!
[link to finance.yahoo.com]

All the PM Spot prices are totally manipulated, so why do people even bother checking that crap. I value all my silver at $100+ per oz when I barter for stuff.