[blam]

Many are of the opinion that the only option left to the Government is to inflate the debt away. Until that opinion changes or subsides, silver will remain high, IMO.

[BenLurkin]

I predicted this a long time ago: Government intends to inflate the debt away

[BipolarBob]

Dang it all!! It’s too late for me. I bought silver and it indeed has gone straight up!! Save yourselves and don’t buy silver or the same thing could happen to you.

[pepperdog]

I don’t understand, if the govt inflates the debt away won’t dollars be worth less? Seems to me silver would be even more valuable, why would it be worth less too? I really don’t understand.

[hinckley buzzard]

Using SLV as a proxy for silver futures, the out-of-the-money 50 calls are pricey and active until at least next January. The market is not done with silver as yet.

[Presbyterian Reporter]

The author might be short silver and is hoping silver will go down so his clock does not get cleaned.

[Ghost of Philip Marlowe]

We need to be cautious.

The left redefines common terms to demonize their opponents and to excuse themselves.

What is “speculation?”

The left (headed by none other than Obammie the Commie at this time) is trying to demonize “speculators.” By using that term, what they are trying to demonize is those who invest in the futures market.

There are two types of “speculators” as being discussed. But there is only one true type of speculating regarding the markets. The other type is not speculating at all.

Speculators do nothing more than invest in the current price of a commodity. This no more controls the price of that commodity than a gambler who bets on the final score of a game contributes to the score of that game. Sometimes the gambler wins. Sometimes they lose. But speculating on the futures market is good for the people. It helps to ensure the flow of commodities to those who need them.

Now, what is being conflated with “speculating” is what the mega-firms like JP Morgan, Chase, and Goldman-Sachs are doing. They are buying up actual crude, storing it in massive tankers, and refusing to deliver. In short, they are withholding supply in order to drive up the market price. They bought when it was cheaper, held it off the market, manipulated the cost in part by devaluing the currency, and will sell at a massive profit when they finally deliver the commodity.

This is NOT speculating. This is none other than the old “trust” style of manipulating the market. We have anti-trust laws on the books that should be applied to this activity...the same laws that the left love to tout as saving the little guy from the evil rich mega-investors. Of course, these are the people who backed Obammie and his Commies, so they are being given a free ride.

Meanwhile, Obammie the Commie is going to investigate the legitimate type of speculator, the lower-level investor who is just trying see an ROI on a risky investment.

Again, the leftists are trying to demonize the free-market side of the equation while protecting the “Corporate Socialists” (those enterprises that collude with the government for monopolistic control over a market sector and to eliminate competition).

[Atlas Sneezed]

I won’t be at all surprised is Silver sees 30 this year, but I will be surprised if it doesn’t see 50 after that.

A good drop of 20% (to $37) is a terrific buying opportunity.

Even $40 is a nice chance for those feeling left out to start accumulating, hoping for more of a drop before the bull continues his charge.

[bluefish]

This guy posted all the black swans listded in the cartoon bear video. Over 30 reasons silver would pop were in the funny video. The actual reasons are posted here:

http://www.oilbull.com/1464/silver-revisiting-the-silver-bear-black-swans/

[Vince Ferrer]

one thing the CME could do is to raise margin requirements for Silver speculators;

They have been raising the margin on silver since November. Each time it is less effective at bring the price down for any length of time. There is no evidence another margin hike will be effective now.

otherwise risk is setting up the silver market for an record-setting crash, which could impact many other markets in the process of correcting, especially other commodities like Gold and Crude Oil.

Yes heaven forbid that oil get cheaper. The reason commodities have exploded, including silver, is due to the dollar, the debt, and endless QE. Fix those, and silver will come down. Yes, silver can correct next week, or at any time. But until those reasons are fixed, it will recover and continue up.

[nkycincinnatikid]

Raise margin requirements (again) on silver, but only on silver.
Yeah!....
Thats the ticket.
It’ll fix everything.

[PGalt]

Interesting. Thanks for posting.

[oblomov]

Why would this be a black swan? A “black swan”, in Taleb’s nomenclature, is an exceedingly rare event that almost no one expects or plans for.

[dennisw]

The silver bulls are all over the internet and despise JP Morgan which is a notorious short on silver for years. They are gunning for JP Morgan and Blythe Masters and think they can bankrupt JP Morgan. By demanding silver for delivery at the Comex

http://tfmetalsreport.blogspot.com/

[Interesting Times]

Silver Black Swan If Rampant Speculation Is Not Reigned In

It's difficult to take someone seriously who can't tell the difference between "reigned" and "reined."

[dennisw]

Buy Silver — Crash JP Morgan
http://www.youtube.com/watch?v=bTalT9iI-k4&feature=related

more fun-—>>>
http://www.youtube.com/watch?v=WhcFI-vzNXk

[Smokin' Joe]

Silver is just closing in on its traditional historical price ratio of 15 to 1 with gold (15 oz silver=1oz Gold). I believe there will be hiccoughs along the way, but that it is headed somewhere near there.

[Travis McGee]

I think a 20% down move is wishful thinking on the parts of the silver bears.