Silver and Copper updated appraisal

[JWBooth]

I haven’t been keeping up, so I was a little surprised this morning to find silver has crossed the $80 threshold.

 

[luiza]

I haven’t been keeping up, so I was a little surprised this morning to find silver has crossed the $80 threshold.

I gave you all fine and fair warning .
It could go much further --- even up to 1000 .
The main reason for this amazing action is the lack of physical Silver to meet orders, with buyers refusing paper alternatives .

This means that the Silver market has collapsed and from there it is a short step to paper derivatives imploding which could lead to a world depression .
Gold could also fly to the stars with present 4500+ rising to almost any figure you like to think of .

Looks like Clif is right again having seen Silver at 600 in his data sets a long time ago .

It will be close to having a Christmas every Trading Day from now on .
Certainly 20 000 and even a multiple of that for Gold ..

 

[luiza]

Have pause for thought .

Gold has been rushing break - neck the last few days and closing in on 4900 it is well on the way to meet its Fibonacci extension target of around 5200 .
Unfortunately this is coinciding with the Stock markets pulling back and Japan falling out of the top level car park with its failed bond position .
Told you .
My point is that when the markets collapse by 25% minimum , PMs will be caught up in a short term pull back .
Of course the deeper the pull back , the greater the follow up charge by PMs with super cycle strength to anywhere between 10 and 25000 for our Yellow friend .

The silver narrative is much more simple .
A charge to 200 with a realistic target of between 500 and1000 medium term .
Of course there will be pull backs , corrections and consolidation periods on the way , but that is the nature of the beast .

So , overall enjoy the thoughts of being a multi millionaire just down the line .

 

[JWBooth]

I gave you all fine and fair warning .
It could go much further --- even up to 1000 .
The main reason for this amazing action is the lack of physical Silver to meet orders, with buyers refusing paper alternatives .

This means that the Silver market has collapsed and from there it is a short step to paper derivatives imploding which could lead to a world depression .
Gold could also fly to the stars with present 4500+ rising to almost any figure you like to think of .

Looks like Clif is right again having seen Silver at 600 in his data sets a long time ago .

It will be close to having a Christmas every Trading Day from now on .
Certainly 20 000 and even a multiple of that for Gold ..

 

[luiza]

Not over convinced by the Liberty claim today .

And it seems you have to put your Trust in Trumpfy rather than Dog .

 

[egp320i]

just checked, 108, wow
makes you wonder just where this ceiling might be if at all

bought some more at 70, already making a profit, nice

 

[JWBooth]

just checked, 108, wow
makes you wonder just where this ceiling might be if at all

bought some more at 70, already making a profit, nice

Yep, Those Peace dollars I’ve been buying over the years have been a great investment as have those 1 oz rounds.

 

[egp320i]

Yep, Those Peace dollars I’ve been buying over the years have been a great investment as have those 1 oz rounds.

I have a few, ones with a buffalo head, all sorts of ones from different mints but they are all worth the same
the price of silver, none are legal tender of course
ingots can be boring but simple, have a bunch of those too