OTCQX:LVNVF - Post by User
Comment by
bunjejumpon Jun 28, 2012 12:49pm
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Post# 20064568
RE: RE: RE: RE: RE: Grades
RE: RE: RE: RE: RE: Grades Lone, I'm not so sure that The Curve agrees with you about the silver market in the future. I think he is projecting a lower price for silver in the future and suggests that silver will will be in abundance. I have seen lots of different projections for price and supply in the future for silver and have noted a lot of commentary on the manipulation of the silver market by PPM and HSBC and their having significant short positions. Eric Sprott has a very different view than The Curve does on this matter as well. Hard to know who to believe anymore in the midst of all of the confusion and BS floating around out there. Most of the commentary would seem to be to the contrary from The Curve's position on the matter. In my view it is too soon to make a projection over the short term, but depending on any of a series of potential "black swan" events in the not too distant future, we should have a better idea within the next 2 to 3 years.
I think we can all agree that the future price of silver and gold will be tied to whatever happens to the existing fiat currency system and the financial system stemming from the fallout from the fiscal failure of governments in the EU and subsequently here in the US. So far everything I see is pretend and extend in the EU as well as here and the amounts of debts and off balance sheet obligations appear to be unsustainable in terms of fiat money currencies that these debts and obl;igations are measured in.