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To: Sic Luceat Lux

I just read something on Gold-Eagle.com, or somewhere. Anyway, silver is called, "the poor man's gold." As fiat currencies devalue/hyperinflate and collapse, the demand for "real money" is going to really take off. That means silver will be in tremendous demand, even compared to gold.


88 posted on 03/18/2006 7:49:14 PM PST by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: Travis McGee

Aside from "poor man's gold", silver is much more subject to market manipulation, in that supply is more difficult to expand. I have no doubt it will end the year with a firm floor above $20. Between Iran/Israel, China/Taiwn, and the opening of the Iranian Euro based oil bourse, that level may be reached before Easter.

I stayed out of silver for a long time, the Hunt debacle kept it depressed against gold in the public perception, but I got in the Hunt market at $3.70 and bailed out at 10 to 1. If I'm really lucky, time for another ride.


92 posted on 03/18/2006 9:12:22 PM PST by barkeep
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To: Travis McGee
I agree totally.
Btw, as I've done with silver in other times when it was spiraling upward, I'd like to set a specific goal for silver to reach, then sell at that point and lock in a profit. The problem is, I think that silver will continue this upward spiral for the next year and one-half, perhaps two years. Anyway, for now there is no sense in wondering about setting a goal yet.
93 posted on 03/18/2006 9:16:14 PM PST by Sic Luceat Lux
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