TSXV:SLX.P - Post by User
Comment by
Bogapeton May 13, 2011 11:43am
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Post# 18572516
RE: RE: Housing bubble = Silver bubble ??!!
RE: RE: Housing bubble = Silver bubble ??!!The difference of course the housing market was allowed to fester nocontrols were put on because the liberal idea that everyone even thosewho can;t afford it should own a house.
How true? Fannie and Freddie paid some lobbyists NOT to LOBBY! I repeat...NOT to LOBBY!!
No one had " skin in the game " from banks to the ratings agencies that sliced and diced garbage into AAA.
Enablers all.....congress, appraisers, realtors....all pigs.
Greed and Fear never changes. From Tulips, tech stock, housing...just pick one. Little guy always gets sucked in late in the game.
Silver had the same " fundamentals " in 07' and 08'. Then reversed 70 %? What happened? Perception changed, major recession, forced selling by hedgies and the dollar popped - BIG TIME.
SLW's earnings the other day? FR this Monday? All meaningless.
Silver has had a sentiment, perception and trend change.
Happens.