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The Strike Point Archive 01

Re: Price of silver
In Response To: Re: Price of silver ()

i have been watching markets of all kinds for over 40 years----major differences between now and the Hunt debaucle------1. silver has go9ne up in a rather orderly fashion with many pullbacks (particularly from 15 to 10.

2. the pullbacks have been sharp with rebounds orderly in small increments (#1 sign of a strong mkt

3. my coin dealer tells me that he has as many buyers for silver as sellers. not the case in past

4. the condition of the U>S> dollar is different than the past----this shou;ld encourage the continued rise in precious metals
\ 5. i am not touting a rise in gold in silver, but a very strong case can be made for precious metals, plus the fact there is noone more motivated to buy than a short seller who is squeezed. as with any investment do your homework-----------------------------

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