Silver - the definition of a bubble - Page 1

General » Business & Investing

Site Notices

[ARCHIVED THREAD] - Silver - the definition of a bubble

Posted: 11/15/2014 12:00:14 AM EDT

Look similar?

Posted: 11/17/2014 5:31:06 PM EDT

[#1]

looks like it's headed for around 7 or 8 an ounce.. I may buy a little then.

Posted: 11/17/2014 5:33:29 PM EDT

[#2]

but but fiat money!

Posted: 11/18/2014 11:12:57 AM EDT

[#3]

Sorry, chart ignores market manipulation through paper. Barclays was fined 10 mil pounds for it. Bubble has yet to start since the public was still divesting itself of PMs when that prior peak was reached. Remember, the public has to be in a mad rush to buy for it to be a bubble. When demand for physical can't be met, then PMs start going up in earnest.

Want to know where the real bubbles are? Stock and bond market, student loan, credit bubble (still ongoing as witnessed by the sub-prime car loans), government spending and the dollar bubble. The housing bubble hasn't been allowed to deflate fully. All it takes is for the federal reserve to abandon ZIRP and then the derivatives market crashes, taking everything but PMs, tangibles and farmland (and undeveloped land) with it.

There are interviews with former Asst. Sect. of the Treasury, Dr. Paul Craig Roberts where he discusses PM manipulation and James Rickards (The Death of Money and Currency Wars) is also interviewed and says the same thing. Rickards is a Pentagon insider who studies asymmetrical warfare.

Posted: 11/18/2014 11:54:15 AM EDT

[#4]

Here's the Roberts' interview: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2014/11/9_Dr._Paul_Craig_Roberts_files/Dr.%20Paul%20Craig%20Roberts%2011%3A8%3A2014_1.mp3

Here's the Rickards' interview:

http://www.youtube.com/watch?v=J5s1X7ys1Vw

Posted: 11/19/2014 7:24:18 AM EDT

[#5]

Quote History

Quoted:
Sorry, chart ignores market manipulation through paper. Barclays was fined 10 mil pounds for it. Bubble has yet to start since the public was still divesting itself of PMs when that prior peak was reached. Remember, the public has to be in a mad rush to buy for it to be a bubble. When demand for physical can't be met, then PMs start going up in earnest.

Want to know where the real bubbles are? Stock and bond market, student loan, credit bubble (still ongoing as witnessed by the sub-prime car loans), government spending and the dollar bubble. The housing bubble hasn't been allowed to deflate fully. All it takes is for the federal reserve to abandon ZIRP and then the derivatives market crashes, taking everything but PMs, tangibles and farmland (and undeveloped land) with it.

There are interviews with former Asst. Sect. of the Treasury, Dr. Paul Craig Roberts where he discusses PM manipulation and James Rickards (The Death of Money and Currency Wars) is also interviewed and says the same thing. Rickards is a Pentagon insider who studies asymmetrical warfare.

View Quote

Then buy more silver. I will keep buying stocks. See you when I retire in 30 years.

Posted: 11/19/2014 7:16:03 PM EDT

[#6]

Quote History

Quoted:

Then buy more silver. I will keep buying stocks. See you when I retire in 30 years.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
Sorry, chart ignores market manipulation through paper. Barclays was fined 10 mil pounds for it. Bubble has yet to start since the public was still divesting itself of PMs when that prior peak was reached. Remember, the public has to be in a mad rush to buy for it to be a bubble. When demand for physical can't be met, then PMs start going up in earnest.

Want to know where the real bubbles are? Stock and bond market, student loan, credit bubble (still ongoing as witnessed by the sub-prime car loans), government spending and the dollar bubble. The housing bubble hasn't been allowed to deflate fully. All it takes is for the federal reserve to abandon ZIRP and then the derivatives market crashes, taking everything but PMs, tangibles and farmland (and undeveloped land) with it.

There are interviews with former Asst. Sect. of the Treasury, Dr. Paul Craig Roberts where he discusses PM manipulation and James Rickards (The Death of Money and Currency Wars) is also interviewed and says the same thing. Rickards is a Pentagon insider who studies asymmetrical warfare.

Then buy more silver. I will keep buying stocks. See you when I retire in 30 years.

Good luck to you. I'm retired already

and you will outlive me.

BTW, I don't think PMs are investments. Rather, they're hedges against failure of the monetary system. They're a way of preserving liquidity in uncertain times. You don't get rich by buying PMs.

Posted: 11/19/2014 7:18:19 PM EDT

[#7]

I don't buy silver to play the margins.

Posted: 11/19/2014 7:27:15 PM EDT

[#8]

Quote History

Quoted:

Good luck to you. I'm retired already

and you will outlive me.

BTW, I don't think PMs are investments. Rather, they're hedges against failure of the monetary system. They're a way of preserving liquidity in uncertain times. You don't get rich by buying PMs.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
Sorry, chart ignores market manipulation through paper. Barclays was fined 10 mil pounds for it. Bubble has yet to start since the public was still divesting itself of PMs when that prior peak was reached. Remember, the public has to be in a mad rush to buy for it to be a bubble. When demand for physical can't be met, then PMs start going up in earnest.

Want to know where the real bubbles are? Stock and bond market, student loan, credit bubble (still ongoing as witnessed by the sub-prime car loans), government spending and the dollar bubble. The housing bubble hasn't been allowed to deflate fully. All it takes is for the federal reserve to abandon ZIRP and then the derivatives market crashes, taking everything but PMs, tangibles and farmland (and undeveloped land) with it.

There are interviews with former Asst. Sect. of the Treasury, Dr. Paul Craig Roberts where he discusses PM manipulation and James Rickards (The Death of Money and Currency Wars) is also interviewed and says the same thing. Rickards is a Pentagon insider who studies asymmetrical warfare.

Then buy more silver. I will keep buying stocks. See you when I retire in 30 years.

Good luck to you. I'm retired already

and you will outlive me.

BTW, I don't think PMs are investments. Rather, they're hedges against failure of the monetary system. They're a way of preserving liquidity in uncertain times. You don't get rich by buying PMs.

Well you might live another 30 years.

My personal goal is to invest in dividend growth stocks and retire with a steady dividend income stream.

Posted: 11/19/2014 7:37:53 PM EDT

[#9]

Now that ISIS claims to be minting gold/silver coins I wonder how long until fedgov tries to regulate them more heavily because terrorism. And what effect this will have on the price.

Posted: 11/19/2014 8:32:15 PM EDT

[#10]

I've heard that the ISIS PM coinage is a hoax. If they tried it, other Arabs (especially the Saudis), the Russians, Chinese and Indians will be getting as much of their coinage as possible and ISIS will be back to paper in no time. Because of the sanctions, Russia bought another 55 tons of gold. China officially has 1,064 tons but I suspect it's over 4,000 tons. Since the ban has been lifted against Indians buying gold, India has been going hog wild to get as much as they can.

The only place without central bank demand on PMs is here (but then again, two million silver eagles sold in less than two hours last week so somebody is snatching it up and it isn't me. Darn).

Posted: 11/28/2014 4:39:45 PM EDT

[#11]

Looking at silver today, it looked more like a depth charge than a bubble.

Good day to be short SLV,

.

Posted: 11/30/2014 8:13:44 PM EDT

[#12]

Silver has recovered a bit as I type this. It dropped over a dollar in just seconds, but is now down only $0.83.

Fun to watch, unless you are long.

Monday should be interesting.

If silver is an example of a bubble, the Swiss referendum must have been a pin.

Posted: 12/1/2014 2:04:14 AM EDT

[#13]

A while back there was a thread about silver while it was around $18. I was arguing with another poster about whether it would hit $15 or $22 first. I was right

Posted: 12/17/2014 8:28:49 PM EDT

[#14]

Quote History

Quoted:
A while back there was a thread about silver while it was around $18. I was arguing with another poster about whether it would hit $15 or $22 first. I was right

View Quote

I hope to see it around $10 when gasoline is $1.50/ gallon.

Posted: 12/22/2014 4:16:03 AM EDT

[#15]

yeah, its hard to dismass teh pics in the op.

I will say that the dollar is also generally stretthening against commodities generally right now.

also current silver stockpiles are low as it gets consumed, but the econ is generally slowing down isns't it?

hontelsy, silver is so much an industrial now, it is almost not a suitable for monetary purposes.

Posted: 12/22/2014 3:19:42 PM EDT

[#16]

Does anyone really think that there is much left to this floor? This price is already affecting the profitiablity of miners. Above ground supply should dwindle one would think. Besides, what has really changed with our monetary policies?

Posted: 12/23/2014 12:00:42 AM EDT

[#17]

Quote History

Quoted:
Does anyone really think that there is much left to this floor? This price is already affecting the profitiablity of miners. Above ground supply should dwindle one would think. Besides, what has really changed with our monetary policies?

View Quote

the cost of mining for silver is a tricky thing. most of it is obtained in the course of mining other things. So its kind of hard to say that it costs X to mine it.

as the monetary policies, the last several years has gone to show that the economy has a mind of its own sometimes in spite of whtat the gov/central bank does. They have increase dthe money supply a lot sure, which is the correct defination of inflation, but the velocity of money has not picked up. And much more than all that money they made could dissappear in a day of deflationary collapse, if you understand how our debt money is leveraged and can "de-leverage" w/ stunning suddeness.

Posted: 12/23/2014 1:18:01 AM EDT

[#18]

Assuming the chart in the OP is correct, what's the consensus on what the mean would have been, had their been no bubble?

Posted: 12/23/2014 1:32:33 AM EDT

[#19]

Its not a bubble when nobody gives a shit. The bubble is always the sure thing that always differnt this time. When everybody know what the sure thing is, that is your bubble.

Posted: 12/23/2014 1:40:12 AM EDT

[#20]

Quote History

Quoted:
Its not a bubble when nobody gives a shit. The bubble is always the sure thing that always differnt this time. When everybody know what the sure thing is, that is your bubble.

View Quote

Uh, no.

Posted: 12/23/2014 9:50:38 PM EDT

[#21]

Quote History

Quoted:
Its not a bubble when nobody gives a shit. The bubble is always the sure thing that always differnt this time. When everybody know what the sure thing is, that is your bubble.

View Quote

well, "this time it is different" w/ silver b/c of QE, budget, all the silver is used up in everyone's smart phone etc etc.

Sure general society is not participating in it like w/ housing but the gold/silver bugs can make a bubble w/o the help of everyone else.

I wonder if it has to do w/ alot of older boomers being in retirement wantinga safe place to put their money as the have fears of stocks being in a bubble and governments defaulting.

[ARCHIVED THREAD] - Silver - the definition of a bubble

General » Business & Investing

Warning

Confirm Action

About AR15.COM

Stay Connected

Newsletter

Contact Us