Posted on 03/02/2006 7:12:11 PM PST by Atlas Sneezed
"Five Factors for Favoring Silver"
http://www.freerepublic.com/focus/f-chat/1628277/posts
Correction for gold and silver today. Perfect time to buy silver now.
Key commodities can not continue to soar, driving up inflation...
It's not backward, but you are also correct in saying the Fed continues printing more or more money as the USD devalues.
The construction boom in Red China and India are clear supply and demand factors driving up the spot price of related metals (copper,nickel, brass, zinc, aluminum, steel, etc) While there is a real concerning about a petrol-fueled-inflationary spiral, pushes gold, silver and platinum ( also soaring based on increased orders for catalytic converters) and palladium toward record highs. (Although palladium was over $1.100 in 1999 due to the Russian miners strike).
If the Iranian's are not prevented from triggering a major regional war in the heart of the oil shipping lanes of the Persian Gulf oil will double and gold will triple in prices, and that is another method the raving jihadists have in bring the Western based economic system to its knees.
In relation to another key commodity, sugar, prices are soaring since Brazil decided to get off the OPEC habit and utilized her own vast cane sugar crop to make cane sugar based ethanol. When will we got on the ball and stop feeding the jihad beast?
The bottom line is were are in a global economy, sure domestically the FED greatly contributes to the economic problems but that you must consider supply and demand - the market.
We need to remember the well healed funds will trigger profit taking taking in the metals and the energies, however I agree longer term there is still a lot more room for these markets since we will most likely experience a lot more sudden volatility.
And I agree with that. We observed profit taking in the commodities as was the case since this past Friday.
The bottom line is what the reader must understand -and that is that the metals are on an upward spiral that will continue for at least another year and one half, IMHO.
(and I amend my above about 'speculation' in regards to silver bullion -being the driving force pulling it upwards. After further review of more recent articles, I see a shortage of silver as is the case with platinum and copper)
bttt
And a very tough love it is!
;^)
fyi
fyi
A very informative ongoing thread on gold and silver this morning:
"Gold ready to crash?"
http://www.freerepublic.com/focus/f-news/1641771/posts?q=1&&page=256#256
Europe/Asian market: Silver closing in on $11 / Gold back over $600
I doubt the buy opportunity is past. But it is not a bad buy.
You mean on the gold or silver, or both?
We just received about $4,000 worth (current price) of pre-1964 silver coins from a relative. Any ideas?
I'd think about selling those silver coins you received when silver reaches -it's latest high of $15 oz - but it might be wise to wait for $19 an ounce. (at $15 an ounce, coin dealers should be paying about 10 to 1 or $40,000 for you $4,000 face in silver coins)
Others here might suggest you hold your coins until silver goes to $25, (and that is a good idea for the long term) but I'd imagine that it will take another six to ten months for silver to reach the $25 area.
[in a worse case scenario - if Israel hits Iran with tactical neutron bombs - the whole world changes and gold and silver will go out of sight //gold hurriedly over $1000-$1200 and silver over $100, let's all Pray that Israel is not forced to pop Iran with their neutron bombs]
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Israel Needs A Preemptive Nuclear Strike Against Iran http://www.freerepublic.com/focus/f-news/1655020/posts
(note date of this article and the highlighted areas:
***
"The world needs to understand very clearly that Israel cannot and will not allow a Holocaust –denying regime that openly calls for its destruction to wield a nuclear bomb. Israel needs to make it very clear that the consequence of it having to face a nuclear Iran by itself will be a preemptive strike against Iran."
"The more the international community gets the message that the consequences of appeasement will be worse than those of action, the better the chances of action. The growing evidence of Russian perfidy makes it even more important that there be no room for misunderstandings in this regard. The best way to get that message across is to make it very clear that if Israel is faced between an Iran nuclear bomb, or having to launch a preemptive nuclear strike to prevent that eventuality, it will opt for the latter."
"The world must be told loud and clear by Israel that the only way to avoid the first nuclear strike by a nation since Nagasaki is to take whatever actions are required to ensure Iran doesn't get the bomb, **and** to prevent an Iranian conventional weapons build up to the point where a preemptive nuclear strike becomes the only option for dealing with the rogue ayatollah regime."
Gold, silver and the energies will skyrocket from current price levels once the counter-terrorist war with Iran (& Syria) breaks out. Look for leading stock indexes to quickly turn very bearish.
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