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prahudka
1st July 2008, 09:05
Silver is testing 18 again in the dead of summer. Maybe the shorts are all out on their yachts (all four of them).

If you are testing 18 in July, what is going to happen in Sept.?

Metals are not dead.

Metals are not even declining.

This is a seasonal doldrum following a peak in April, which is just the way markets work.

All the news favors silver going up. Maybe energy is a better investment, but metals are certainly not losing value like what you have in the bank. If you are a supergenius, maybe you can do more with a little money. But, if you are in silver, have a sense of humor about the dips. And don't worry. You are not getting killed.

This is a particularly good time not to lose your head. Have some confidence that you can take a good hiding and still come back, even if it comes to that.


Luk 12:22
Then He said to His disciples, "Therefore I say to you, do not worry about your life, what you will eat; nor about the body, what you will put on.
Luk 12:23
"Life is more than food, and the body is more than clothing.
Luk 12:24
"Consider the ravens, for they neither sow nor reap, which have neither storehouse nor barn; and God feeds them. Of how much more value are you than the birds?
Luk 12:25
"And which of you by worrying can add one cubit to his stature?
Luk 12:26
"If you then are not able to do the least, why are you anxious for the rest?
Luk 12:27
"Consider the lilies, how they grow: they neither toil nor spin; and yet I say to you, even Solomon in all his glory was not arrayed like one of these.
Luk 12:28
"If then God so clothes the grass, which today is in the field and tomorrow is thrown into the oven, how much more will He clothe you, O you of little faith?
Luk 12:29
"And do not seek what you should eat or what you should drink, nor have an anxious mind.
Luk 12:30
"For all these things the nations of the world seek after, and your Father knows that you need these things.
Luk 12:31
"But seek the kingdom of God, and all these things[fn3] shall be added to you.
Luk 12:32
"Do not fear, little flock, for it is your Father's good pleasure to give you the kingdom.
Luk 12:33
"Sell what you have and give alms; provide yourselves money bags which do not grow old, a treasure in the heavens that does not fail, where no thief approaches nor moth destroys.
Luk 12:34
"For where your treasure is, there your heart will be also.

SilverHawk
1st July 2008, 23:33
The time to sell will be known when the country talks about issuing a new currency.

hiyosilver
1st July 2008, 23:50
I think perhaps a world currency, traded strictly electronically, but perhaps too late to sell then...

Amen, Prahudka.

balou2
1st July 2008, 23:53
The time to sell will be known when the country talks about issuing a new currency.

What is the lifespan of currency, as a unit? Time has proven that most currency falls...but what is the time between those occurrences.

prahudka
2nd July 2008, 07:53
I think perhaps a world currency, traded strictly electronically, but perhaps too late to sell then...

Amen, Prahudka.

The advantage of silver is the industrial use. Apparently there will be a market for it, which should track inflation, or which should otherwise remain stable without gettign killed in some sort of transfer to another currency.

Unless the government decides to take it from your out of concerns for national security.

Local exchange, barter, black market stuff is probably going to be rampant, but you might be committed to a program of "reeducation" if you get caught.

But, we are over 18 and indications for greater PM demand are out there.