Carlton

^^ Thanks for those links, Warpig.

http://news.goldseek.com/GoldSeek/1308749678.php

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/22_Peter_Schiff_-_US_Set_to_Default,_Silver_Headed_to_$200.html

From Lorimer Wilson: http://news.goldseek.com/GoldSeek/1308463740.php

^^ You guys are speaking as if the central banks surrender physical control of the gold. I don't think that's ever been confirmed.

That 29% decline followed an inverse head-and-shoulders; that is not the current situation. We could see a significant correction, but the technical set up is very different, to my eyes. I prefer to own gold shares and also have puts on the GDX and/or SPY.

Which is the way it should be. The US Treasury (i.e., the public) owns the gold.

I don't think governments need to do anything to make home-ownership unattractive or prohibitively expensive. Making it a very expensive luxury would further entrench the power of corporations. If I had to choose between "mortgage slavery" and "rent slavery," the former is an easy choice to make. Mortgages end; rent doesn't. Yes, governments have done too much pumping up the housing sector, but we don't need to swing to the other extreme.

You, sir, have excellent taste. That looks like a beautiful property in a beautiful location (it makes me almost cry about the shoeboxes I've considered buying in Chicago.) Although it looks like the train runs right next to the property. Hopefully the trains are quiet.

RVM and MGN are also worth investigating. RVM just listed on the AMEX leading many ppl to suggest that their shares were ready to explode upwards. As it happens, silver corrected just as RVM was listing. This may be a very good opp. For this company to be trading with a fully diluted mkt cap of $132 million is something.

^^ A very important point worth remembering.

http://www.cnbc.com/id/42955097

ZH has some good writeups, but this just sounds like a temper tantrum by someone who has seen their account fall over the past few days.

Thanks for that.

http://www.cnbc.com/id/42904204 I read this as at least two more years of falling prices (depending on local particulars of course).

^^ Ladder in, ladder out.

Alex D. had a couple nice charts, but his reasoning is about real prices. He's totally failing to account for the fact a 2012 USD likely won't buy what a 2011 USD will. The financial markets are forward-looking and anticipate. Hence, I expect gold and silver to lead and outpace price inflation as people anticipate monetary debasement. The metals will become overvalued at some point. But while the debasement continues (without an end in sight) there is little reason to get out of PMs.

continues: http://www.bbc.co.uk/blogs/thereporters/nickbryant/2011/04/australian_affordablity.html

I expect to be buying SLV puts today. The excellent article below is, in part, guiding my thinking: http://news.silverseek.com/SilverSeek/1303393353.php

^^ He is risen! Nice seeing you, Romans.

I watch the ratios for signs of relative valuations: gold:Dow, gold:S&P, gold:oil, gold:copper, gold:real estate, these will give us some very important clues. Many people have their eyes on natural gas, uranium, farmland - and all of these could work. I would now add foreign stock indicies to the mix: gold:Shanghai, gold: India, gold:Brazil.

You may have had alternatives, depending upon the specific circumstances. I will say no more.

I've been saying for a while, the higher these metal prices go the more political threats there will be to the miners. This is the exact reason why I haven't traded CDE in over a year.

It could also just be a hedge. For all we know the trader could have $100 million in silver stocks.

I like the way she moves: Silver 41.75 +0.82