RE: RE: EmotionsKewl2. The reason I haven’t used the default font size is because I find it a bit too small when I read and assumed everyone else would too. But, with respect for the recent public opinion (which so far is 100% yours), I will conform to the general consensus and reluctantly begin posting with a smaller font. Thank you for your expression!
Curvature’s production and demand figures are consistent with data provided by the Silver Institute for the year 2010 along with the report of a 20% increase in industrial demand. It’s refreshing to hear bearish argument that is rational, for a change. Now consider also that every ounce produced is met with demand at much higher prices. Why?
Just as the USA government’s soft regulations and the Fed’s easy money drove speculators to housing, corruption and deficit spending also directs increased investment and speculative demand to authentic money. Why?
This is another “gold bug” that doesn’t deny my favorite market sometimes gets a bit frothy but, comparing this latest Silver rally to the housing bubble is as far off as comparing peak energy to a refinery shutdown. One is only temporary.
Curvature. “the speed on which currency trades hands”. I would still like to know where you see dollars under a mattress.
Bogapet. You know you can count on me to keep score. I see your $27 while you consider going lower. You’re wrong expecting me to speculate though. I remain a long-term investor in Silver. Betting on the 50 day moving average is like leveraging ‘3 of a kind’. Not a sure thing at all!
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mineshack
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