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I agree totally. These last 10 years provided enormous opportunity to get in on the metals train. Silver 2 years ago reached a low of 8$ an ounce! Many (like myself) took advantage of those lows and got in, with, should the bull run continue nice profits in the future. Say you buy...

He said oil was going to 5$ a barrel. A plot to bankrupt Russia. :p

90% of the people against easy monetary policy would probably change their way of thinking in a heartbeat after about a week of truly hardcore strict monetary policy. I'm probably one of them. The other 10% is short everything....:D

Imagine being born in a resource ultra rich country growing up living in a little house made out of horseshit. You would be anti western too. You would say fuck them, let's keep our own oil or ask 500$ a barrel for it.

Any thoughts on this? Doesnt matter what you bought this last 2 years, be it sugar, oil, Amazon or Citi.... If you held it for longer then a few months you are up more then 10% at the very minimum. Is this a realistic longer term return or are these special circumstances that should not...

Was it Russia (?) or some Scandinavian country (I believe so) but some country offered the entire Icelandic population to immigrate as a whole many years ago but the declined the offer.

I think he has a point with the population numbers though. 350K people? That's frighteningly little really considering the amounts of money talked about.

Jim said... Buy sugar. Buy cotton. Buy silver. Yet when you read the message boards... Everyone was japping... He doesnt even trade! Soros did all the work he is just a leech! What's with the stupid bow tie? :p

If I see a bubble, I buy it. George Soros.

Look at it go... I expect my miners to go up at least 5% today...:)

Look at it go. It'll hit 40$ by next week at this rate.

What do you think will hapen if it comes to a referendum and they vote against it...

http://www.icenews.is/index.php/2011/02/20/iceland-president-rejects-icesave-bill/ Time to send in the troops.

I guess it's just a sign of tightness in the coins market. You got payed a 5% premium for your golden coins over here when the Greece crisis broke out in full, when it calmed down it went to 0% and today it stands at 2%... These things move up and down just as well but nevertheless form...

I believe the top was around 50$ an ounce... But you could only get around 30$ an ounce in coinshops cause they were terrified ending up holding the bag... Today premiums are the other way... You get payed above spot to bring in your coins.

Troughout each bullmarket in commodities these last 2 centuries each individual commodity reached a new nominal high.

Yes. And maybe that's why silver has risen from 4$ an ounce to +30$ an ounce. :D All aboard, 100$ here we come.:eek:

Most of my money is in precious metals and the miners as it has been since 2008. I expect my portfolio to go up at least another 500% over the next 5 years after which I wil retire. I won't be rich enough to buy my own plane or buy a mansion in Beverly Hills but I'll get by... :)

Many conspiracy theorists have been of the opinion there are 2 kinds of health care around. 1 for us, the little guys. The other one for the kings and billionaires. I guess this proves them wrong. It's too bad although I wouldnt aply for category 2. It was a comforting thought to...

What do you do with the money? You can't trust foreign governments... Not even the Swiss! They just freeze your assets. You can't be too heavily in real estate and all because it's far too illiquid... What are your options? Put it all in gold or cash? That's pretty unpractical...