It's been a while since I've been here

[chroNick]

And I see that not much has changed.

Are we still talking about silver?

This market is dead. It probably means we are going to see volatility kick up a notch in 2018. However I'm quite skeptical about silver making gains by leaps and bounds. Tax cuts with higher spending on infrastructure in a zero rate environment means the economy will expand fueling an economic bubble to the likes we've never seen. I think this may go on for years before the crash. We should have taken the pain in 2009 but unfortunately this will be one of the biggest roller-coaster rides ever. Enjoy the move up while you can

[valerb]

And I see that not much has changed.

Are we still talking about silver?

This market is dead. It probably means we are going to see volatility kick up a notch in 2018. However I'm quite skeptical about silver making gains by leaps and bounds. Tax cuts with higher spending on infrastructure in a zero rate environment means the economy will expand fueling an economic bubble to the likes we've never seen. I think this may go on for years before the crash. We should have taken the pain in 2009 but unfortunately this will be one of the biggest roller-coaster rides ever. Enjoy the move up while you can

There is no getting around the fact, the longer they delay the infrastructure problems, the more costly it will become and the less likely we'll ever be able to afford it.

Lets put it this way, is it better to tackle the problem today even if we can never pay the bill or wait until we are in financial ruins and never able to tackle it at all?

Everyone seems to think we are doomed anyway so why not make something good happen while we can.

The problem I see is the crooked politicians using at least half the money if not more for pet projects that have no business on an infrastructure repair list to begin with to secure votes for upcoming bills or other favors to be named later!!!

We have to repair and replace so much of the above ground systems like roads, bridges and our power supply at who knows what cost.

Where do we draw the line on Toledo, Cleveland, Detroit, Boston when it comes to replacing all the failing water and sewer systems in these older cities from coast to coast.

They are all failing and being patched back together to some degree. Sooner or later they have to be abandoned or replaced.

Fortunately we'll be able to just disregard all those old cable and telephone lines buried under ground in the not to distant future and that will probably hold true for our electrical lines eventually.

Yes someday we will probably have our own waste disposal systems in our homes and no longer in need of those ancient sewer lines and we can drink our own recycled Piss when it's sparkling clean.

All great for the future homes built in the new subdivisions where there never was utility support in the past, but what about all those older cities relying on the ancient ways for decades and even centuries to come?

And of course there is one tiny problem, some places have upgraded their systems with higher utility bills and are not in need of repairs as the people have already paid for it locally.

So how do the other places that have kept their profits instead of reinvesting them in their infrastructure or kept their utility rates abnormally low and never upgrade anything until it breaks. Are the rest of us suppose to come to their rescue after paying for our own upgrades? Is that any different than telling me because I have to pay very high property taxes to support above average schools for our children that I'm suppose to pay even higher taxes to raise other peoples schools to our standards now because they can't or choose not to pay for better schools for their children? Actually I don't pay any school taxes anymore, that was just an example.

When will we have to buy new cars for those that can't afford to pay for cars like the ones others drive and pay for with their own hard earned money?

Maybe the time is coming for Toledo, Detroit and many other older cities that have fallen into disrepair to be flattened and started over again in the older sections as it becomes necessary.

People around the world have been doing it for thousands of years and those old cities are only a few hundred years old at best with few properties still standing that old.

Whatever is done is not going to be cheap and not popular with lines drawn in the sand as to who pays for what and what will even be considered for government repair, as the government could never pay for everything for everyone.

It's not going to be easy or cheap and the longer we put it off the less chance we have to pay for any of it, let alone all of it that needs to be done.

[chroNick]

Your reply really has nothing to do with what I said but thanks for your input

[valerb]

Your reply really has nothing to do with what I said but thanks for your input

Sure I did, I just don't try to guess what the casino players are going to do next week let alone next year, that's a fools game. It's a 50/50 chance at being right of the market either being up or down next year. Plus Gold and Silver do not have a thing to do with our national debt or infastructure needs but you brought it up. What were you seeking, confirmation that your WAG portion on that statement regarding precious metals might be correct?

Hint, stick to one subject if you only want one type of reply, don't bring up several different things.
For example don't say things like: back during the depression when they were confiscating Gold coins and my great-grandmother was a prostitute, those Gold coins meant everything to her.
Now while your intention may be to stick to a topic of Gold coins during the depression. Bringing up the fact your great-grandmother was a prostitute opens up a (w)hole, pun intended, new potential direction for your thread.

And stop pissing on my infrastructure issues, this isn't your thread anymore, you've been officially high jacked because of a false start issue. Read the play book.

[chroNick]

It isn't a fools game to try and predict the market. Just look at Warren Buffet, soros, John Paulson, Ray dalio. They are all incredibly intelligent people who have predicted the market and made a substantial fortune from it. In fact their track record is so good, statisticians have proven that it isn't luck. Just because you can't do it doesn't mean it can't be done.

The reason I brought up the infrastructure comment is because when government spends money after bringing in more revenue makes more fiscal sense. However this administration wants to lower taxes (for right or wrong reasons) thus receiving less revenue and spend more money. I. E. Deficit spending as you pointed out. All of this has either a direct or indirect relationship to pretty much everything, from precious metals to the economic output in Kazakhstan. The mortgage bubble had a huge influence on Iceland's bankruptcy. The food prices 6 years ago sparked a revolution in Egypt, thus resulting in overthrowing Mubarak, and Gahdaffi(sp?). The infrastructure spending will increase the demand for commodities, which will cause a chain reaction in so many ways, it most definitely has an impact on silver a lot more than s smaller event like whether Team A will win in the superbowl vs Team B

[valerb]

It isn't a fools game to try and predict the market. Just look at Warren Buffet, soros, John Paulson, Ray dalio. They are all incredibly intelligent people who have predicted the market and made a substantial fortune from it. In fact their track record is so good, statisticians have proven that it isn't luck. Just because you can't do it doesn't mean it can't be done.

The reason I brought up the infrastructure comment is because when government spends money after bringing in more revenue makes more fiscal sense. However this administration wants to lower taxes (for right or wrong reasons) thus receiving less revenue and spend more money. I. E. Deficit spending as you pointed out. All of this has either a direct or indirect relationship to pretty much everything, from precious metals to the economic output in Kazakhstan. The mortgage bubble had a huge influence on Iceland's bankruptcy. The food prices 6 years ago sparked a revolution in Egypt, thus resulting in overthrowing Mubarak, and Gahdaffi(sp?). The infrastructure spending will increase the demand for commodities, which will cause a chain reaction in so many ways, it most definitely has an impact on silver a lot more than s smaller event like whether Team A will win in the superbowl vs Team B

Your taking the approach that you have to bring in the revenue before you can spend it, but that never works either as they find ways to piss that away long before it arrives.

Now they are trying a different approach to drive down cost to bring in more revenue which has worked, but will it this time. Only time will tell, I know I don't know the answer and neither do you....

If it works, great, if it doesn't, then there will more than likely be another change in government and that's probably what a lot of people would like to see which prefers things just the way it is in the swamp.

But to say the changes in the governments finances will impact the value of an ounce of Silver is old school, it just doesn't happen one way or the other or Silver would be sky high right now instead of at $16.50.

Trying to use 19th century financial logic to apply in the 21st century is as dumb as it gets and yet we have one Silver guru after another telling us that's just how it is and yet their logic doesn't prove out.

It's not investors in Silver that dictate the price but gamblers on the CME that makes or break us and themselves.

I disagree when you or anyone tries to predict the Silver market, it just can't be done on a regular basis as has been demonstrated over the decades.

Those people you mentioned are not idols to look up to as gurus that are able to pick the market as much as make the market themselves with their investments, but they sure as hell are not making their money riding the Silver bandwagon.

Picking stocks in a startup company, is far different than taking a stand on a commodity, one can balloon by thousands of percentages while a commodity like Silver really can't

The CME is full of people trying to outsmart each other on a daily basis trading Silver and Gold contracts while some win and others lose no matter which way the market goes.

These are the only ones that can truly become winners in the Silver market if they make the right moves at the right time going long and then short with the wind.

You can't buy and sell physical and hope to make any real money because of the continued cost of buying and selling with each trade, unless you want to play in the paper world at an ETF.

You can make some profits if your willing to work the small trading market on Ebay for instance but that's more of a job than making a profit from your investment money.

But it's still a buy and sell market for anyone that hopes to make money each year on Silver and it's nothing more than a gamble on which way the market is going and your willingness to trade in both directions versus physical buyers of Silver that hold it for the expectation that it will rise in price over time to make it a worthwhile investment.

For some of us, it's been profitable but not a killing while for others it's been a killing and not profitable at all and won't be even close until Silver can triple in value to break their red cycle.

To come out here and make a bold prediction that you see the market maybe going up and down a little next year, so what.

It always goes up and down every month, some better than others for us, but it hasn't done anything favorable in the past several years other than a few spikes to a little higher levels before falling back down again.

Good for those trading in and out of the paper markets and betting on the right directions but not for anyone else that is really holding onto their Silver long term.

Some own it for long term protection against whatever might happen in a worse case scenario, while others hold it as a long term investment period.

But predicting the Silver market is still a fools game for anyone other than the paper players and they get burned all the time.

We are not dealing with real world expectations of a product or service with Silver, but with which way the wind blows for the players at the Silver casino from hell.