Searchlight Innovations Inc T.SLX

Tuff slugging against the wind

[mouserman]

Negative sentiment being spewed steadily by the media against commodities in general with silver being mentioned with the words blowoff and bubble a lot.
It is amazing how many take that media verbal diarheea as gospel. Makes me gag when i see Fox news interviewing Jon Nadler on precious metals. The lead writer at Kitco has been wrong for so many years about gold and silver , one has to wonder how he writes with all that egg on his face. But he got to be right once here lately as his steady whining about silver being too high and the fundamentals being poor  has gone on for at least 3 years now. Had anyone listend to his word as gospel, they would have been out of gold at 400$ and out of silver under 10$.
He never did give a good explanation as to why the mints all around the world ran out of silver at one time or another. If there is this huge supply glut, how could that ever happen?
They quote estimates from CPM group etal, who pretend to know what is happening in Asia , when the fact of the matter is  even CHINA doesnt know until well after the fact what the demand is like in their own country, so where do these self -congratulated experts get their info.
Is it from the same place where CPM got their info 2 years ago when they said , silver would peak in 2010 at around 19$ an oz?
Easy to say silver should pull back when it is up 160% in a year, much more difficult to predict it will go up 160% in a year.
I notice the same formula, silver up in asia, and down once those buyers are sleeping, and the western clowns are awake and at their desks selling silver they dont own , via the paper markets.