Warning Fools! Silver Will Fall by 66%

[NACBA]

I still cannot believe how low Silver has fallen.

I loaded up at $20 and am wondering if I should buy more

 

[Dforkus]

First day of the new bull market in metals.
Tell others I told so.

you said so

 

[Zippyjuan]

Gold has dropped nearly $30 an ounce since the Fed announcement as of right now- almost exactly $1200 an ounce.

 

[oyarde]

Gold has dropped nearly $30 an ounce since the Fed announcement as of right now- almost exactly $1200 an ounce.

I can work with that .

 

[JK/SEA]

i'm going to start investing in paper...

 

[oyarde]

i'm going to start investing in paper...

Not me

 

[JK/SEA]

Not me

ahh, i see...ink then..

will consider ink as my retirement fund investment....ftw...

 

[JK/SEA]

just noticed the OP was banned awhile ago....geez.....really.....has a good thread and is banned....why?

 

[ctiger2]

just noticed the OP was banned awhile ago....geez.....really.....has a good thread and is banned....why?

Anti-semite?

 

[osan]

In that question, the author announces his complete ignorance of the issue. It's not that metals are "accreting value". It's that the measuring stick you are using to measure value is changing. The author has a fundamental misunderstanding of what money is and a complete lack of historical perspective on the "great" Keynesian experiment that's in it's dying days. Everyone loves the returns on a Ponzi scheme until it collapses.

Lol yup.

Same thing could be said for anything:

"Why would oil, a commodity with no yield -- accrete value?"

Some people are so ignorant of economics and prices, its so sad.

Both posts make excellent points, but they do not take into account the circumstance under which such commodities actually do accrete value.

What you both were addressing was the monetary inflation aspect. Silver, for example and all else equal, retains it market value while the currency declines. That is clearly no accretion of value.

However, market values for silver can in fact rise even with perfect money as the only currency due to increased demand.

If, for example, a superconducting medium were invented that would operate up to, say, the boiling point of water at standard pressure, you can bet you hide that silver would accrete staggering value. The same might be said for any other comparatively rare commodity. But even sand, were it to be the magic ingredient in the next wave of quantum advances that everyone in the world will want, its market value would rise.

So always bear in mind the two disparate foundational bases for rises in apparent value: money inflation and increased demand. Same outward appearance; totally and mutually alien foundations and, often, results.

 

[osan]

If silver drops back down to $15 I'll buy up as much as I can just like last summer. I am currently not buying above $30 an oz.

Well, here's your chance.

 

[TheCount]

Silver, for example and all else equal, retains it market value while the currency declines. That is clearly no accretion of value.

However, market values for silver can in fact rise even with perfect money as the only currency due to increased demand.

Also, changes in supply.

 

[NACBA]

Where is the Bottom???

Precious metals weaker as gold and silver price drop – MORNING REPORT - See more at:

http://www.bulliondesk.com/gold-ana...silver-price-drop-86740/#sthash.fHgxK2wy.dpuf

 

[NACBA]

Hope no one was foolish enough to follow APMEX's advice in Feb. 2013

SIVLER PLUNGES BELOW $30 FOR THE FIRST TIME IN MONTHS.
TAKE ADVANTAGE OF THIS BUYING OPPORTUNITY.!!!!
LOCK IN YOUR PRICE WHEN YOU ORDER FROM APMEX

When you buy Silver from APMEX, the price listed is the price you pay (not including shipping) — locked in at the time of your order. There are no commissions and no hidden fees. That means you can take maximum advantage of the recent price pullback in Silver to buy your favorite items.
DON'T MISS THIS BUYING OPPORTUNITY IN SILVER

 

[CaptainAmerica]

 

[Dforkus]

SIVLER PLUNGES BELOW $30 FOR THE FIRST TIME IN MONTHS.
TAKE ADVANTAGE OF THIS BUYING OPPORTUNITY.!!!!
LOCK IN YOUR PRICE WHEN YOU ORDER FROM APMEX

When you buy Silver from APMEX, the price listed is the price you pay (not including shipping) — locked in at the time of your order. There are no commissions and no hidden fees. That means you can take maximum advantage of the recent price pullback in Silver to buy your favorite items.
DON'T MISS THIS BUYING OPPORTUNITY IN SILVER

I just stopped by the Toyota Dealership, I asked the nice man who greeted me if now was a good time to buy a Corrola, lucky me, it is!

I then stopped by a real estate agent and asked if now was a good time to buy a house, lucky me, it is!

I then stopped by a different agent and asked if now was a good time to sell my house, it is!, the stars must be aligning.

 

[Lucille]

"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves." — Norm Franz

(Some old threads have been bumped lately, and while I miss so many people either gone or banned, I sure as hell don't miss the OP boobyw24.)

 

[Brian4Liberty]

Wages falling, metals falling, oil falling, gas falling, stocks falling... is it deflation time?

 

[NoOneButPaul]

Wages falling, metals falling, oil falling, gas falling, stocks falling... is it deflation time?

It sure is... and we all know what happens next... gigantic crash and more printing... rinse and repeat until hyperinflation or they finally decide to man up and default on the debt.

 

[DamianTV]

Replacing our current Fiat Currency with another banker controlled world Fiat Currency is an ultimate goal, which means a planned dollar collapse. It just depends where we are on their time table.