Gold and Silver Market Suppression Failures Flash Buy Signal

[manimal]

For how long have people claimed gold is a bubble?

about as long as people have been claiming the world economy would collapse any day now...

 

[DominionSeraph]

I'm personally much more bullish on silver though compared to gold because silver has a lot more uses in practicality.

The problem is that silver is way above the price that the amount of practical demand warrants.
Being bullish into a bubble just because it may not have quite so far to fall is still bullish into a bubble.

A house that is solidly $250,000 is not a good buy at $500,000 just because it's better than spending $500,000 in gold.

 

[matt0611]

The problem is that silver is way above the price that the amount of practical demand warrants.
Being bullish into a bubble just because it may not have quite so far to fall is still bullish into a bubble.

A house that is solidly $250,000 is not a good buy at $500,000 just because it's better than spending $500,000 in gold.

Well, its pretty easy to bail at least with gold/silver, can sell pretty much instantly if it gets ridiculous, but I can see gold going to $1550-1600 by the end of the year, silver at perhaps $35-40. I'll come back next year to see if my prediction came true or eat my words if I'm wrong

Don't get me wrong though, I'm not buying much anymore, the higher it goes the riskier it gets, I did most of my buying 2 and 3 years ago.

 

[wyvrn]

Why did they edit your links? I'd like to read them. PM me please.

IMO gold price is infinite...has no top as dollar becomes worthless.

I responded to moderator pm that I understood where 'spamming' a book in which I charge money for would be against forum rules. That I will openly apologize for, as it was not my intent. I have given away more books than I have sold, so it's obviously not about the money with me.

However, FREE ARTICLES I write in which you can GOOGLE (hint) being deleted and banned from this forum strikes me as petulant, silly, and moreover quite pointless.

An article is nothing other than an expression of an idea, which we ALL do here every day on Anandtech. What difference does it make it if was posted somewhere else on the net first? Anandtech might as well ban google links, because all references to it would lead to another site which could be considered spamming of an idea/article/alternate web address ...

For those who wish to read my ALWAYS FREE articles or get a FREE electronic copy of my book (as penance for my immoral, unethical, and LAW BREAKING spamming), please PM me or email me at redrob25@yahoo.com. I'll send links, (PRIVATELY so as not to break all important, omnipotant, and morally superior AT policies), in the evening when I get home.

Just keep it off of the forums so the Nazi Socialist Anandtech moderators don't get their collective panties in a wad.

Cheers,

Robert Kientz (<----- hint: google that name. SHHH! quietly, you are being watched!)

(PS: Better to email me because the angry mod might perma-ban me for being critical of their approach. God forbid. )



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It has been determined that you deserve a month to improve your posting style

Common Courtesy
Anandtech AT Admin

 

[bamacre]

the Nazi Socialist Anandtech moderators

I think there's only two or three of them that fit that description.

 

[wyvrn]

I think there's only two or three of them that fit that description.

They told me to tone down my response above. I told them to go ahead and ban me.

Once again, redrob25@yahoo.com .

See you on the other side everyone

edit: I also removed the link to my website in my signature, so as not to seem like a spammer.

 

[wyvrn]

The problem is that silver is way above the price that the amount of practical demand warrants.
Being bullish into a bubble just because it may not have quite so far to fall is still bullish into a bubble.

A house that is solidly $250,000 is not a good buy at $500,000 just because it's better than spending $500,000 in gold.

Industrial demand is getting stronger. Silver is used in medial equipment (bacterial fighting properties), electronics (think iPhones and computers), and has qualities that can not be mimicked by other elements. In other words, silver is irreplaceable and demand is growing as emerging economies grow.

 

[bfdd]

Islamic Banking call for Gold and silver. Problem is every thing that goes with islam

I honestly wouldn't mind a similar system to Islamic Banking here.

 

[wyvrn]

I honestly wouldn't mind a similar system to Islamic Banking here.

Agree. Their system is actually more stable. No usury.

 

[highland145]

..

 

[LegendKiller]

Industrial demand is getting stronger. Silver is used in medial equipment (bacterial fighting properties), electronics (think iPhones and computers), and has qualities that can not be mimicked by other elements. In other words, silver is irreplaceable and demand is growing as emerging economies grow.

What's the biggest sale quantity of Silver and how much of the market is it?

Silver just lost 4.5% today. To equate that with the stock market, we'd have to have lost ~520 points.

No bubble here...