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Silver's a BUBBLE!
- Thread starter Hansel H
- Start date
How do you know it won't go up another 1000% before the bubble bursts?
S&P is a bubble thanks to uncle Ben.
Ride it up and then ride it down.
Quote from BlackBison:
How do you know it won't go up another 1000% before the bubble bursts?
Exactly. That's the logic of every bubble. We'll know the bubble is about to burst when everybody "knows" it's going up another 1000% or for that matter when everybody KNOWS it's going up another 10%.
Quote from Hansel H:
Exactly. That's the logic of every bubble. We'll know the bubble is about to burst when everybody "knows" it's going up another 1000% or for that matter when everybody KNOWS it's going up another 10%.
Yes my point is we are unlikely to be at that point yet. Most people I know outside of trading don't even know silver has gone up. Most of them don't even know it was ever a currency..
Not that those things are preconditions for Silver to drop. Hundreds of markets in history have been cut in half without a mass retail investor participation and mania.Quote from BlackBison:
Yes my point is we are unlikely to be at that point yet. Most people I know outside of trading don't even know silver has gone up. Most of them don't even know it was ever a currency..
Quote from BlackBison:
Yes my point is we are unlikely to be at that point yet. Most people I know outside of trading don't even know silver has gone up. Most of them don't even know it was ever a currency..
Yes, there's truth in what you say. We're still a way from the cab driver checking his Ag spot while driving but barring the complete demise of the US$ silver will eventually be once again primarily just another commodity and will be priced according to supply.