Quote from murray t turtle:
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P-T-trend;
Comex, New Mex,or old Mex may have have a silver problem in 5 months.
But 5 yr, 15 yr, 25 yr silver trends are still up;
5 day, 50 day 55 day are polar bear,Looks still like a downtrend;
but somelong term investors ,may still be buying/scaling in
Interesting silver squeeze 1998article ;
about 200 yrs ago+/ silver supply was so huge, prices downtrended quite well
link for silver squeeze article?
Comex will be out of silver in 5 months at this rate
- Thread starter peilthetraveler
- Start date
Because there is limited supply of something that does not immediately translate to sky high prices.
You can't eat silver and it doesn't pay interest. It's longer-term fate is down. Currently it is still a bubble. Failure to see persistent signs of inflation will push it lower. Another recession will push it even lower.
You can't eat silver and it doesn't pay interest. It's longer-term fate is down. Currently it is still a bubble. Failure to see persistent signs of inflation will push it lower. Another recession will push it even lower.
Quote from peilthetraveler:
http://www.zerohedge.com/article/co...288-million-ounces-3-drop-overnight-30-drop-s
Silver levels in the comex have hit an all time low. At this rate of depletion, there will be no silver left in the comex in 5 months. [quote
1998 Silver squeeze article in there Dr;
Comex, New Mex, old Mex dont really have much to do with that, simply having fun with fundamentals
Quote from murray t turtle:
Quote from peilthetraveler:
http://www.zerohedge.com/article/co...288-million-ounces-3-drop-overnight-30-drop-s
Silver levels in the comex have hit an all time low. At this rate of depletion, there will be no silver left in the comex in 5 months. [quote
1998 Silver squeeze article in there Dr;
Comex, New Mex, old Mex dont really have much to do with that, simply having fun with fundamentals
copy and paste to clarify the situation.
this is why ET is a disgrace. you ask a straight forward question and u get half an answer. maybe somebody else can post the article in question.
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DR Z;
its Murray T.
For 1998 Silver squeeze Buffet buy old news,click this link,.....
Hit your ''page down'' button 12[/+ ]times ;
click & enjoy.
You cant eat dollars either and dollars lose value every year through inflation.
here is link he referred to
http://www.gold-speculator.com/mart...on-squeeze-bull-market-pt-iii-feb-1998-a.html