Re: Silver
in response to
by
posted on
Feb 26, 2011 11:41AM
We may not make much money, but we sure have a lot of fun!
Well i was reading the site and was appreciating the stock recomendations, i decided to give one back in the form of PEM which i think will be a very good stock going forward.
Then i thought i had a chance to show people in real time and pre- real time how the market is managed by the powers that be in real time. The info i posted was very accurate for a week leading into option expiry and people could have made money off it, or atleast got a better understanding. I am sure in the least it provoke thought, i believe if you know the price is possibly suppressed you will not be bucked off the bull as people feel better holding on to positions knowing it is a calculated sell off at certain times. You see that we moved right back up off the lows.
I did not know that there may be only 12 people here, not really trying to reach masses but paying back in my eyes what people did for me before i was informed. I fought against this type of idea until i read into it, then i started to make money after a forensic look into the details. I was no longer afraid the gold or silver bull had topped and remained in my positions and added all dips from 600 gold on. It worked.
I found the sites i posted that said and explained it all, and thought a running dialogue for a week would capture people to atleast watch for a week into expiry. Could have been totally wrong and lost all credibility i guess. I did get carried away but things were happening so fast i continued until option expiry and the smack down that occurred to flush longs and dampen enthusiam.
You countered my posts with some intelligent contrary views so i followed up with answers to your queries with some of my research.
The oil basin is basically on fire as no one thought this would happen in Egypt after 32 yrs in power and the support of the west, Libya after 40 yrs or so along with surrounding countries. I think with the proximity to the saudi kingdom is important, along with Jordan and others. If they go and they could it is a different story, this is a once in a lifetime change we are seeing and it is not over even if things calm down for now. Not being prepared or atleast open to this could hurt our portfolios.
At this time many think that the govs that evolve from this will automatically be western friendly, i remember the effort put into free elections in Lebanon and Palestine and low and behold Hamas was elected.....sure freaked a few people out....
So we could have the same again although it will be maintained in the media as democracy taking hold. I am not so sure and want to know ahead of time if i can, and won't rely on mainstream tv to tell me.
My purpose was not to debate the issue, and i just countered your countering of my points , really just to provoke thought.
We are at very important points right now and i look to see if gold goes to 1600 by june or we get a timely takedown in the general markets that will take the glitter from gold and oil which then i would look to see who benefited the most from this.
In my opinion, gold, oil, and silver along with food stuffs rising in price outs those in governments that are pretending through their fudging off all statistics that their monetary policies are working. After all, the truth will set back the standard of living in the west will drop by magnitudes when/if confidence is lost. It's sad but all there is right now is confidence, when it is gone things will change.
Oil refinery in Irag was blown up last night and is on fire and shutdown.
So not here for any reason and i hate typing, was just hoping someone got something out of it. I posted the sites where people could follow some stuff i was posting so i would not clutter the board.
Jim Willie latest...