Jump to content

Errol

Members
  • Posts

    1,421
  • Joined

  • Last visited

Everything posted by Errol

  1. “What the so-called silver experts neglect to account for in their models and projections is that the fiat money experiment has failed. And in this context, we believe the Market has assigned world reserve currency status to gold — not the USD” Eric Sprott and Andrew Morris: Follow the money into silver http://www.gata.org/node/9827
  2. The REAL silver high is probably closer to $500 an ounce once you adjust for REAL inflation - http://maxkeiser.com/2011/04/25/the-real-silver-high-is-probably-closer-to-500-an-ounce-once-you-adjust-for-real-inflation/
  3. Monex Silver American Eagles Pass $50/Ounce - http://www.zerohedge.com/article/monex-silver-american-eagles-pass-50ounce
  4. Jim Sinclair on Gold & World Financials - (pdf) http://www.321gold.com/editorials/hera/hera042011.pdf Richard Russell: Gold Tsunami lies ahead: - http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/4/22_Richard_Russell_-_The_Great_Gold_Tsunami_Lies_Ahead.html
  5. The USDX is going to take out .7200 and lock below. Gold will leave $1650 in the dust. History will be written this year. Jim Sinclair - http://jsmineset.com/
  6. Long term silver is going to $100s an ounce. A correction here would be nice though.
  7. Collapse in price (of silver or gold) will just mean more and more people buying physical at cheaper prices. The paper games don't work anymore.
  8. Jim Sinclair Will Speak at GATA’s Gold Rush 2011 Conference in London Dear Friend of GATA and Gold: Gold mining entrepreneur Jim Sinclair — chairman of Tanzanian Royalty Exploration Corp., veteran gold and commodities trader, and proprietor of the free Internet site of financial market information for the gold community, JSMineSet.com — will speak at GATA’s Gold Rush 2011 conference in London on August 4-6. For a decade now Sinclair has fearlessly and steadfastly predicted gold’s ascent against the forces of price suppression and market propaganda, and he repeatedly has put his money where his mouth is in pursuit of gold’s renewed recognition as the international currency. Back in 2004, as gold climbed its wall of worry to reach $400 per ounce, Sinclair arranged for his readers what might have been called the "Sinclair put" on the purchase of 1-ounce Vienna Philharmonic gold bullion coins from Monex Precious Metals in Newport Beach, California. If gold still wasn’t above $400 a year hence, Sinclair pledged, he would buy the coins at that price from any disappointed reader. Emboldened by the Sinclair put, your secretary/treasurer bought 10 such coins — and, of course, along with other Sinclair readers, wishes he had bought more. But that is only a part of the gold community’s debt to Sinclair. Anyone know how to get tickets?
  9. It's going to hundreds of dollars an ounce so any price at the moment is a 'steal'. Keep on buying - month by month, little by little. Always take delivery.
  10. Simply finding the cheapest dealer is not always the best policy in any event. A good track record, customer service and merchandise you can trust is worth paying a little extra for ~(imo).
  11. Not uncertain. The damage has already been done. We are on the track to total implosion - it's not avoidable now.
  12. What difference does £10-20 in a buy price make if the gold is for insurance in the event of total collapse and reintroduction of gold as part of a currency system?
  13. $400 Silver, James Turk Price Target! (great description of backwardation) -
  14. Gold is going to $5000+. I care little for buy prices.
  15. Will Silver Surge Following The Nationalization Of Bolivia's Silver Mines By Embattled President Evo Morales? report from Bolivian daily La-Razon states that Bolivia's president Evo Morales is now planning on expropriating zinc, silver and tin mines sold off by previous governments. Bloomberg reports that "Morales will announce a decree May 1 to “dismantle the privatization model,” said Nicolas Fernandez, a spokesman for state mining company Corp. Minera de Bolivia, known as Comibol. "The government is recovering all the privatized companies,” Fernandez said today in a telephone interview from La Paz. “When the decision is taken, Comibol will be ready to manage these mines.”" Among the contracts to be affected are those with Glencore International AG, Pan American Silver Corp., and most importantly, Coeur d’Alene Mines Corp., which is operator of the San Bartolome mine: the world's largest pure silver mine. http://www.zerohedge.com/article/will-silver-surge-following-nationalization-bolivias-silver-mines-president-evo-morales
  16. That guy would get a shock if he ran into me.
  17. No posts on this thread in more than a day? Is this a sign - of what?
  18. Serious damage? GDX down only 1.26% GDXJ is down a bit more - 2.5%. Ignore the noise.
  19. Yes, really annoying. What we need is a nice correction.
  20. http://www.zerohedge.com/article/guest-post-silver-getting-too-popular%E2%80%A6-right
  21. http://silverliberationarmy.com/
×
×
  • Create New...