04/07/2013 10:04:04 PM PDT
· 8 of 29 bluefish
to Maurice Tift
Silver popped higher on tonight’s open, but then started declining slowly. Given Friday’s gain, after the beatdown, it should be interesting to watch Monday.
Whatever happened with the raid on Kitco by the Canadian Feds a few months back. Some sort of tax fraud scheme they had going. Haven’t heard any more on it.
Whatever happened with the raid on Kitco by the Canadian Feds a few months back. Some sort of tax fraud scheme they had going. Haven’t heard any more on it.
More than 150 million ounces of silver annually are used in the world’s chemical industry for the production of two compounds ethylene oxide and formaldehyde.
I’ve been hearing and reading comments like yours for years and they have never deterred me. Nor have they ever deterred the price of gold. Sure, there has been temporary dips, but they always proved to be buying opportunities.
Everywhere I turned, I heard “buy physical” yet was somewhat clueless about it (I traded the paper stuff at the time). Now, I trade the paper for fun, but am accumulating the coins and bars.
Somebody is obviously selling. Article says it is weird because S&P Futures are up. More pertinent question: How's it doing relative to other precious metals?
True, silver moves on black swan events, it isn’t a black swan in and of itself. Further, on the link I posted, most of those events are not really black swans.
The Japanese Earthquake would be a black swan. The markets just seemed to shrug that off. The endless printing is not really a black swan. Will the markets continue to shrug that off (or eat it up, as the case seems to be)?
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: