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Re: so now what George, is this
In Response To: so now what George, is this ()

Dennis,
Just my disjointed opinions, not necessarily factual, no reason to upset anyone. A strong dollar will depress gold/silver as will higher interest rates. The dollar will stay strong relative to the Euro and Japan for some time. Russia and China are working feverishly to dethrone the dollar. Russia and China will eventually win his battle with help from the Fed and US Social Justice politicians. Interest rates will rise as US debt becomes overwhelming. The above may take 20 or more years. The gold/silver markets are highly manipulated. Silver/gold going back up will not necessarily be a good sign for the US dollar and economy. Any real rise in gold/silver should be years away. There will be a dead cat bounce once this debacle ends (I hope).
Other thoughts. Quantitative easing will provide a floor for g/s. QE will be around for a longer time as the only world economic engine is slowing (China). Never buy g/s on margin, always hold physical. We are experiencing the end of a bubble. The next bubble is the value of guns purchased (on credit/layaway - margin) that will come back to the market in new condition (5-9 months out). There was no need for these purchases by people who could not afford them. Only economic growth - capitalism - will save the Euro, the yen and the US dollar and its just not happening under current management. Hey, just some ramblings by an old white guy on a seldom viewed message board. (note, I did not say mad old white guy)

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Silver below $20/oz. soon?
so now what George, is this
Re: so now what George, is this
Re: Silver below $20/oz. soon?
Re: Silver below $20/oz. soon?
Re: Silver below $20/oz. soon?
Re: Silver below $20/oz. soon?
Re: Silver below $20/oz. soon?
Good point Ken ...
Re: Good point Ken ...
Not for sale Ken ...
Re: Silver below $20/oz. soon?
Re: Silver below $20/oz. soon?

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