Searchlight Innovations Inc T.SLX

RE: any thoughts on this 5 min pt of view

[bruchaw]

I think the old saying "even a broken clock is right twice a day" applies to this fella.  He has been correct before but he also predicted a 40,000 Dow in 2000 and revised it to a 20,000 Dow in 2006.  I find you will get much better forecasting from Peter Schiff .  He hasn't been wrong yet.  That aside, I also see things that make me concerned (like when all of the animals and birds leave before the tsunami hits).  Jim Sinclair's analysis, Carl Icahn giving back his clients money,  Bill Gross of Pimco pulling all of their money out of US treasuries,  anecdotal evidence of people in high places secretly giving people the heads up to stock up on food and supplies.  If you have physical metal already, your ducks in a row as far as food and supplies, being in the stock market in SLX gives you the leverage to benefit from silver's appreciation.  We may go down initially with the general market but remember one thing.... we (Silvermex) manufacture 5000 year old MONEY... I believe we will bounce back.  Dent seems to ignore the fundamentals of insane sovereign debt, derivatives black hole, money printing that we are waiting to come down the line (the consumer economy feels the effects of money printing 12-18 months after it occurs)... what we are witnessing now in inflation is from QE1... wait for the QE2 effect in a year.  He also made general statements regarding commodities; we all know the incredible fundamentals the surround silver in both economic boom and bust.  But who knows maybe the broken clock will be right again.  All I can advise is play and live by the fundamentals.

Cheers