Precious metals

Careful, calling it logic might be giving it too much credit

 

Economic suicide without an exit plan. That seems to make sense no?

Anyways, not here to poke fun at someone else's theories. Just here for the show at this point

 

The sarcasm is lost in my type.

 

There really needs to be a sarcasm font. Would make things so much easier

 

There doesn't necessarily need to be a "sarcasm" font per se

 

QE is not given to us, it is given to the banks, that is a fact...... Or inflation would be going crazy, because they are adding 12-20% of the money supply every year but luckily it is contained in the stock market and directives...

The interest is at 0 because the US is in debt up to their eyes and keeping rates at 0 is the only way to afford the payments and keep the economy from crashing, and they are not going to raise rates....

Yes this is how a crash starts, the market is sideways for a year and than breaks out to the down side, hmmmm I wonder what's happening??????
investing 101 crash.......

I'm saying apple is the best stock in the market and it's only up 2% and everyone is already in so how much up side is left??? The market is topped out it's easy to see, so trade accordingly.....

You're the one here to learn about PMs, so if you don't believe any of this you are in the wrong spot and don't get any PMs...... There is more apple stock available, I can guarantee you they will never run out of stock, stocks are unlimited......

But if you look at even 1 chart I posted you would know that I right about PMs and you should go get some......

Look at the labor participation rate, is it good or bad.....
Now look up the number of people on food stamps.....
Failure to deliver rate......
Look at cat.......
Retail sales.......

I can keep going on and on it all points to sell the market.... and buy hard assets and the best value and easiest to get into and the most up side is...........................PMs............................

But I'm waiting for anyone to offer a better solution..................

 

I'm just going to back up a second here and say that it's not hard to see OP's point of view. I mean, if you look at the cost of silver versus the dollar, it is at a relatively high value and falling. I mean if you saw silver go up 50% (very rough number, not going to calculate it out over a specific period) in the 2000's based on people buying up the metal as an economic safety net which is common it's not hard to jump to the conclusion that, if economic times seem uncertain, silver could be an interesting bet.

The problem I have is that OP is saying Silver is already running out. In truth, no one knows if we have hit peak silver. Under ocean nodules, not to mention other sources, will open up if Silver begins a rapid climb. Not to mention there are TONS of silver locked up in vaults in London and New York to provide equity for some of the worlds largest exchanges and stock brokerages. If that Silver price runs a muck, that silver in those vaults will become available and the price will sewer. Why? Because Silver has very minor consumable use. Most Silver in this age is used as a sudo currency or jewelry. So an oversupply rapidly leads to a price crash. This price crash has happened many many times. Just ask the Spanish empire. In truth, running out of the metal isn't going to cause a major economic meltdown and that alone limits the value of the metal. Heck, even gold has some consumable uses that are difficult to replace and would be a safer bet long term if you are gambling on a peak production causing a large return.

Anyways, my point is that at every turn of the precious metals market there is another curve ball to think about. It isn't a safe bet to guess anything on the price. Then again, if you are just using it to hold equity, you are probably safe. However, holding equity in a Silver savings account is a bit like tucking cash in the mattress. You know the cash will always be there, but you don't know what it will be worth.

If I was going to start playing in the metals market, I'd look into the PM's that have industrial uses and have a high sustainable price. That way I know the metal always has not only intrinsic value to someone who wants it as an asset, but has a large value to someone who needs it for several key economic uses. Just my humble opinion. After all, you can even buy Palladium in maple leafs. I wouldn't be surprised to see some Rhodium and other precious metal standardized coins pop up soon.

Anyways, back to . Again, I'm not here to give investment advice. I only comment when I snort milk out my nose or I think it's time to add a counter point for objectivity.

 

I would never call Apple a best bet stock anymore. A company that produces one major product line should never be the key point of someones holdings. If something ever happened to Apples production or if a fatal flaw was exposed in their iOS devices that was unfixiable, the company would be insolvent in a hurry even with their significant cash reserves.

Apple stock was as good as it was going to realistically get back when they had 70-80% markets share of the smart phones. Now that there hold has slipped to 50/50, even with the iPhone 6 sales, I don't see their stock making significant gains anytime soon.

 

http://www.silvercoins.com/uses-of-silver/

The use of silver is increasing every year........
and there are no stock piles any more, they have been used up to fill shortages.....
now the miners are closing down and putting off new projects.....
There may be be lots of silver left but not for $15 or even $50 and oz and it take 10 to 20 years to get a new mine on line.....
and the physical price is not going down.............the premium is just going up because it is bottomed out...............

But I have already said all of this,

You guys can google this stuff in 1 min not that hard.......

I think platinum was in the single digits not that long ago...

 

I'm saying apple is the best stock in the market and it's only up 2% and everyone is already in so how much up side is left??? The market is topped out it's easy to see, so trade accordingly.....

Never said Apple was the best stock in the market, I simply responded to you "fake comment"

You're the one here to learn about PMs, so if you don't believe any of this you are in the wrong spot and don't get any PMs...... There is more apple stock available, I can guarantee you they will never run out of stock, stocks are unlimited......

You might actually be surprised how much I know about PM's. But please riddle me this, stocks are unlimited? Take off the tin foil hat Mel Gibson. Stocks have something called the float. What do you think public companies do? Print more shares? Do you realize issuance of new shares results in dilution?

Let's get back to debating facts please...

 

I will issue a challenge to the silver haters go find some bad news for the silver price and post it here.........
like some inventory anywhere, a Huge new mine, a new mining method.....
Show me more inventory, reduced demand anything, see if you can find even 1 real piece of information that might change my mind....

and go......................

 

It's a precious metals thread though right? Should we include gold, platinum and maybe even copper?

 

There will never be a day they say that they ran out of stocks to buy............ They will always issue more.............always............

 

Yes all PMs ,

We should share what we know about PMs to help each other......

I think they will all rise against the dollar......

But I only know about silver and gold and some copper..........

 

Okay seriously, I'm not creating facts about PMs and you shouldn't either. Public companies DO NOT issue an infinite amount of shares.

 

I can explain the chart if you want, but yes I agree the silver price is being held down.. the whole point of buying silver is that chart is about to flip.
Here is part of the article......
That chart proves my point..... Better dig deeper......


As I have pointed out, if we were to suddenly price chocolate bars at 10 cents apiece (the price I paid as a child), store shelves would be cleaned-out of chocolate bars within days (hours?). Of equal importance, as long as the price of chocolate bars remained at 10 cents, inventories would remain permanently depleted.

The moment that more "supply" hit store shelves it would be instantly consumed by those lining up to buy. Effectively there would be "infinite" demand for chocolate bars at 10 cents apiece. However, I didn't mention the chocolate barproducers in my previous example.

To begin with, it's unlikely that they could "break even" selling chocolate bars at 10 cents apiece. They would be forced to cease production, making the supply-crisis even worse. Meanwhile, those producers who could manufacture chocolate bars for 10 cents apiece and remain in business would look at the empty store shelves and tell themselves that chocolate bars must be worth more than their current price.

They would simply refuse to sell at a price which obviously does not represent any sort of market "equilibrium". Thus, as long as chocolate bars remained at 10 cents we would have a permanently dysfunctional market of near-infinite demand, restricted supply - and no inventories.

Naturally this hypothetical example applies to the real-life silver market perfectly. In the 1990's, bankster-manipulation pushed the price of silver to a 600-year low (in real dollars) - every bit as absurd as buying chocolate bars at 10 cents apiece today.

We see those nations with Mints, that still produce silver money for their citizens permanently struggling to keep up with demand, and their inventories are frequently near-zero. And this is occurring despite these Mints raising their premiums - essentially a "tax" being imposed only upon the buyers of this form of real silver. Even with that tax, at the current, totally absurd price for silver they are unable to keep any inventory on their own "shelves".

Just as in the hypothetical example with the chocolate bars, the current situation of small-but-falling inventories and empty "store shelves" must result in much higher prices for silver. Period. However, while higher prices are a certainty, "time" continues to remain a variable.

As an investor, I am more than willing to accept the uncertainty of time, when I already have the certainty of outcome(i.e. higher prices). I am especially eager to do so because I understand the dynamics of supply and demand. The longer the price of silver is suppressed to some level ridiculously out-of-sync with supply and demand (as proven by our depleted inventories), the higher the long-term equilibrium price.

http://www.silverbearcafe.com/private/07.11/inventory.html

 

The Dow Jones is NOT recovering. As for "apocalypse", I can't say overnight just BAMMM. I'm saying from here on out, it's only gonna get worse. SERIOUSLY!

I'd imagine September would be a month where the Dow will experience a horrible day(s) along with all other markets.

I know many here commenting are well educated and know more than me about the markets. That said, I'm not going by experts or economist theories. Yet with all the experts in the world, no one can undo what is happening nor whats about to take place. “Financial Earthquake” is gonna take place, I know what I know. I didn’t make this up out of thin air.

 

Okay that's good to know. So if the Dow crashes due to the financial earthquake will all the PM's take off or should we just short the Dow and S&P?

FYI September has always been the most volatile trading month of the year and since we came into it with the highest VIX in 4 years I'd expect it to be rough. I also expect us to retest the lows as there has never been a "V" shaped recovery so I believe this is very constructive to base here.