Sow any cactus; Bermuda grass; tumble weed, ,morning glory and uder weeds arr eatable on da seventh Sabbath year?
From Kitco (Brecht commentary) on Friday : "By one count, 17 global central banks have slashed monetary policy rates in 2015. Global interest rates are going lower and they are going negative.
Global central banks are panicking in their efforts to fight low economic growth levels and the threat of deflation and interest rates are sliding like dominoes across a game table.
The rate cuts are intended to spur economic activity and drive inflation levels higher by boosting bank lending. BNP Paribas currently projects the CPI level for the advanced economies of the world at 0.6% for 2015. That is barely scraping the barrel on the positive side, with G-7 CPI inflation forecast at 0.5% this year.
But, if everybody is slashing rates and driving the value of their currencies lower to spur export activity how effective can this strategy be? It is like when everyone rushes to one side of the boat —it simply tips over."
What will be money when the world's central banks "tip over?" The CEO of Majestic Silver recently said he still expects triple-digit silver prices. Even is only half right, Hecla's dividend policy will provide high yield return on investment.
You bess stalk up on depens fore it habbens Erkel. Don worby bout sumting teel it habbens. Youz weel worby bout it twiz if you duz.
IMO as someone experienced in guerrilla warfare I have seen every breed, shape and size of trickster, bamboozler, charlatan and filthy liar in existence. Fitt.mary is a fanatic bamboozler pumper who spouts cliches about safe haven nonsense. Drawnfire is fitt.mary's white knight but too dumb to know fitt.mary is a man.
Bottom line is if the world crashes so will miners. So the idea that a global collapse will support miners is dumber than a doornail. My insight is uncanny mostly because I am the smartest person in the room at all times everywhere in all dimensions. GLTU. SS
IMO you are a walking cliche. Silver morons have been mumbling about "sustainable debt" for decades. Means nothing. If the financial worl collapses so will miners. The idea that the world collapses while miners rocket to the moon is pathetically juvenile. GLTU. SS
Did the Hally -penee, "minutia" & ice cream dinner come out O.K. tonight ? If not a tall glass of ice cold cranberry juice might help the problem pass ! Plus it will relieve the pressure on your brain so you will be ready to face monday when EVERYTHING go's south ! GL2U2
REC. Sell Everything you own, in fact sell everything you DON'T own ! The Shoeman assured me this time it's for sure !
Athletic supporter with a decent cup but a broken elastic strap ? Regardless long's better hope that a larger size S&P correction is in the wind..& soon, so some safe haven buying lift's the PM's. BEFORE a rate hike appear's on the horizon this year & another leg down occur's.
Mary, nice synopsis, the question is how long is this punch & Judy show going to last? Free market lol..it will not last that much longer. As soon as they denounce the dollar as the petrol currency checkmate!
2001 was last good time to buy gold - lowest was $254/oz. September 11, 2001 got the world scared. Gold was seen as "safe-haven" during turmoil and begins to skyrocket in price. Gulf War 2 destabilizes the Middle East, so more world turmoil. 2008 presidential election brings Barrack Obama on to the stage. He decides to spend enormous amounts of money to subsidize everyone, which destabilizes the currency markets. Enter Quantitative Easing and more money destabilizing. Central Banks world-wide pump more fiat currency into their economies by lowering interest rate to help keep their export trade competitive. Gold & silver mining executives over spent and drove mining costs higher. Now, many can't mine gold or silver and be profitable, so PPS has tumbled. Investors have moved away from PMs because there isn't any yield and the money has gone into stock markets. What's important isn't where we have been, but where we're going with all this. Ask yourself whether this massive world-wide debt is sustainable, even controllable or whether this is a super bubble about to burst. Act according to your best prediction of future events.
I think it is a longer timeframe than that...more like months in duration. you can google the pattern, and the explanation on why it is a good pattern.
Well where does one catch up, what board do I go back and read substantive posts to help understand why silver and gold took off with stocks starting 2001 yet stocks are back to where they started. Lived and breathed this sector, away for 10 years, what is going on. High USD may affect cde and hl but whole sector shows same percentage hit.
4.20/50 next stop believe it or not. All we need is a little volume build up and for JPM to get long lol.
Nah I would really like to see a short squeeze,then HL would take flight more like a rocket launch.