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Silver Wheaton Corp. Message Board

  • jawz_2020 jawz_2020 Sep 22, 2009 1:20 PM Flag

    Bulli$h Ca$e for $ilver & SLW pt 1

    "The major monetary metal in history is silver, not gold."
    - Nobel Laureate economist Milton Friedman

    BULLISH case for SILVER going forward has many reasonable argument$.

    (to make LINKS hot, copy & paste into your URL browser address line, then remove the "spce" before the "dot" preceding "com")

    WHY IT IT ABSOLUTELY IMPERATIVE TO OWN PRECIOUA$ METAL$:
    {"if you bought the S&P 500 on December 31, 1999
    you're down 50%, in terms of U.S. dollars."
    And next to gold, the comparison is even worse,
    "you're down 79% in the last 10 years."}
    http://tinyurl .com/o85afh

    Silver's outperformance over Gold bodes well when Gold breaks out

    Despite the hoopla last week over Gold @ $1000,
    when you view Gold price against the USD Index, we have not yet broken over March '08 resistance at around 14 or so...
    http://tinyurl .com/lmfe2l

    SILVER HAS HIGHER VOLATILITY THAN GOLD,
    GIVING IT FAR GREATER UPSIDE IN OUTPERFORMING GOLD

    "Even with gold above $1000, silver has more luster"
    at CNNMoney.com (Tue, Sep 8) http://tinyurl .com/msrvay

    {"...silver has the potential to move even more than gold percentage-wise, and at a faster rate."} - from
    "The Rise of the Silver Surfer" by J M Brown May 22, 2009
    http://tinyurl .com/q9kucn

    Silver's outperformance over Gold bodes well once Gold truly breaks out, as measured vs the U$ Dollar

    Silver has already outperformed gold by 3 to 1

    Silver peaked last Thrs just before lunch:
    http://finance.yahoo.com/q/bc?t=5d&s=GLD&l=on&z=m&q=l&c=SLV&c=%5EDJI

    but its roaring back Monday 21 Sept while the markets tank, gaining percentage-wise more than ANYTHING El$E

    http://finance.yahoo.com/q/bc?s=GLD&t=1d&l=on&z=m&q=l&c=SLV,%5EDJI

    imho, if the broader markets continue lower, PMs should dissocioate from their linkage in following the market higher, bounce, and head to new highs as folks flee to safety - but this is just my opinion.

    Despite the hoopla last week mover Gold'$ "beakout"
    AS MEASURED VS THE U$ DOLLAR, GOLD HAS YET TO BREAKOUT ABOVE ITS MARCH RESISTANCE LEVEL: http://tinyurl .com/lmfe2l

    It Appears GOLD & SILVER will head higher no matter what the broader markets do; ie, BOTH MARKET BULLS & BEARS ARE CALLING FOR A GOLD BREAKOUT!

    Trader Mike Swanson believes we are in a new Bull market, yet he is projecting Gold to go muchhigher.

    Trader Mike (a bull) GOLD's true breakout is not far off:

    >> "Gold at $1000: Next hot rally to $1300-1700 level" <<
    by Mike Swanson @ Commodity Online 8 Sept 09
    http://tinyurl .com/o9lo4t

    The Stock Market Going Forward & Gold Breaks 1000 - Mike Swanson (09/16/09) by Mike Swanson on Wed, 2009-09-16 06:04.
    http://www.wallstreetwindow .com/content/node/11687 <<<

    In the other camp, the BEARS are ALSO calling for GOLD to breakout:

    "The Gold / Dollar Tsunami" by John Mangun Thursday, 17 Sept 2009
    http://tinyurl .com/mvddyf

    "Gold Is Money" by Greg Canavan
    http://www.lewrockwell .com/orig10/canavan1.1.1.html

    Adam Hamilton @ Zeal LLC shows that EVEN @ $1000, GOLD IS ONLY 43% OF THE WAY TO ITS INFALTION-ADJUSTED ALLTIME HIGH !!

    Real Gold Highs 3 by Adam Hamilton September 18, 2009
    http://zealllc .com/2009/cpigold3.htm

    ONCE GOLD TRULY BREAKSOUT, AS MEASURED VS THE U$ DOLLAR,
    THEN SILVER WILL BE OFF TO THE RACES IMHO.

    - - continued in next reply in this thread - -

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • While Silver Wheaton (SLW) is referred to as a “mining company”, it's revolutionary business model
      means that it is actually more of a silver wholesale/marketing company than a miner.

      http://www.feedthebull.com/article/silver-wheaton-safe-alternative-slv

    • SILVER HAS MUCH GREATER VOLATILITY THAN GOLD -
      U can see this in the percentage of silver's outperformance over gold

      http://finance.yahoo.com/q/bc?t=5d&s=GLD&l=on&z=m&q=l&c=SLV

      However, PRECISELY BECAUSE OF SILVER'S GREATER VOLATILITY,
      WHEN GOLD BOUNCES AND ACTUALLY BREAKS OUT ABOVE ITS RESISTANCE AT THE MARCH HIGH, SILVER SHOULD BE PROPELLED EVEN HIGHER PERCENTAGE-WISE, JUST AS IT HAS OVER THE PREVIOUS MONTH

      http://finance.yahoo.com/q/bc?s=GLD&t=3m&l=on&z=m&q=l&c=SLV,%5EDJI

      Silver has already out-performed Gold by 3 to 1 viz:

      Silver ha$ Outperformed Gold 3-to-1; Bullion Deficit Loom$

      Silver is in the spotlight at U.S. gold gathering
      http://tinyurl .com/nxbexv

      Quote:
      {"The number one performer this year has been silver.
      Silver has outperformed gold three-to-one . . .
      Gold price has risen some 15 percent this year to around $1,000 an ounce, but silver is up 50 percent.
      "We are seeing the beginnings of a new sustainable global silver market."}

      SILVER SHOULD CONTINUE TO OUTPERFORM GOLD AS THE SILVER TO GOLD PRICE RATIO IS STILL OUT OF WHACK - IE, SILVER STILL HAS A LONG WAY TO GO TO CATCH UP TO THE PRICE OF GOLD

      see chart showing Gold / Silver Ratio imbalance from Zeal LLC:
      http://zealllc .com/c2009/Zeal082109B.gif

      Plus, there are other potent price drivers for Silver, eg:

      1) industrial need for silver in face of silver shortages

      "Can silver withstand a drop in the gold price?
      Fri, 18 Sep 2009 Or will industrial demand come to its support"
      http://tinyurl .com/nmo5un

      "Increasing Silver Demand Comes from Multiple Sources"
      by Jeff Nielson @ Seeking Alpha, 5 May 09 http://tinyurl .com/d5e8ep

      2) China encouraging its population to buy PM

      free report on China causing PM$ to boom (just 1 eg of recent news)
      http://tinyurl .com/llns6c

      3) a possible inventory shortage of silver bullion in several PM bullion banks which do NOT have enough bullion to back all the certificates they have sold retail PM bullion investors who have not taken physical delivery and have instead accepted "paper certificates of ownership"in exchaange for their paper fiat currency. These folks think they have precious metal bullion, but all they REALLY have is PAPER.

      (see links at my other post here, "Silver Inventories Gone!")

      • 2 Replies to jawz_2020
      • part 3

        So, to re-cap, both Bulls AND Bears are calling for Gold to go higher; and because of the price drivers for PMs in general and even more price drivers for for SILVER in particular (the ratio imbalance causing silver to outperform gold 3 to 1; PLU$ industrial demand in face of future silver shortage), SILVER IS THE PLACE TO BE.

        The only thing that will gain percentage-wise greater than silver itself will be the stocks of silver producers, and the nitrox-charged gains to be made by the calls on these stocks, the best of which imho is SILVER WHEAtON (NYSE: SLW)

        Thrs 17 Sept 09 MP3 AUDIO Interview with Silver Wheaton CEO Peter Barnes (NOTE: "MORE DEALS TO COME!") @ King World News:
        http://tinyurl .com/magn7y <<< Please LISTEN to this!!

        THE PRICE OF COPPER INDICATES SILVER MAY HAVE ALREADY BOTTOMED:

        THE OTHER WHITE METAL "A golden age for silver coming?"
        {"Given that the world economy has shown signs of recovery, the downside for silver is diminishing; we are seeing the floor for the metal creeping up. And, while the posibility of a short-term pull pack is possible, de Wet says "The likelihood of silver falling back toward the $13 level is becoming less and less." He adds that this is borne out by the recent moves seen in the copper price."}
        http://tinyurl .com/l2rb4u

        SILVER NEWS @ Mine web:
        http://www.mineweb .com/mineweb/view/mineweb/en/page32

        15 pages of 100 charts on every important INDEX GOLD, SILVER, Funds, etc - MUST SEE! Rok-n-Dan's Awe$ome self-updating MARKET SECTOR CHART$ -
        http://tinyurl .com/cm2bx7

        fini$

    • Bulli$h Ca$e for $ilver & SLW pt 9

      $SILVER @ $19.40 \ SLWAG.x Up +100% in 2 day$!

      $ilver above $19 for 2 day$! Wed 2 Dec, Silver hit $19.40 <<
      http://www.kitco.com/charts/livesilver.html

      Mon 30 Nov, the SLW Jan $18 Call SLWAG.x was @ 0.55 <<<
      Wed 2 Dec, SLWAG.x hit a high of $1.15 <<<

      +SLWAG Up +100% in 2 day$ as of Wed am 2 Dec!

      http://finance.yahoo.com/q/op?s=SLW&m=2010-01

      SLW Jan $18 Call SLWAG.x hit a high ye$terday, 1 Dec, of $0.92, up from a low
      Monday of 0.55, closed @ 0.60. From .60 to .90 was up +50% 1 DAY YE$TERDAY!!

      R U getting any of this FREE MONEY? huh ??

      *** IF SILVER STAYS ABOVE $19, IT MAY HAVE TRULY BROKEN OUT !! ***

      SEVERAL SILVER MARKET GURUS HAVE BEEN WATCHING THE $19 RE$I$TANCE

      Place cursor on bottom right corner to ENLARGE CHART by Terence Chan
      http://tinyurl .com/yhk78lz

      (copy & remove "space" b4 "dot")

      Clive Maund's TA on Silver also sounds a bearish warning that silver could pull
      back: "Silver Market Update" by Clive Maund 30 Nov 09
      http://news.silverseek.com/CliveMaund/1259561040.php

      HOWEVER, SILVER STAYING ABOVE $19 MAY BE A CONSOLIDATION BEFORE A TRUE BREAKOUT!
      $ILVER GOING ON $20 WILL RALLY SILVER STOCK$ FURTHER !

      "4 Reasons Why Silver Will Outperform Gold" by Dr. Jeffrey Lewis 2 Dec 09
      http://news.silverseek.com/SilverSeek/1259780758.php

      NY POST 29 Nov 09
      "Hi ho silver, up and away: Other white metal appears set for a gallop" by JAMES
      ALTUCHER Last Updated: 2:20 AM, December 1, 2009
      http://tinyurl .com/yzksd75

      (copy & remove "space" b4 "dot")

      "Why Silver's Breakout Could Bring It Out of Gold’s Shadow"
      http://tinyurl .com/y8cfudt

      "Silver Prices Likely to Hit New Highs in 2010" by Marc Davis
      http://tinyurl .com/ykh4sj3

      "No slowdown in silver demand" 19 Nov 2009
      http://tinyurl .com/ykvn3jr

      "Silver Uses in Industry" 12 Nov 08
      http://www.preciousmetalinvestment.com/silver/silver-uses-in-industry

      Google results for "silver uses in industry":
      http://tinyurl .com/yhb6gct


      "Peter Grandich: Silver's Turn to Shine"
      by The Gold Report and Peter Grandich, 1 December, 2009
      http://news.silverseek.com/SilverSeek/1259704064.php

      "Gold ETF Impact 5" (Re: the etf GLD) by Adam Hamilton 20 Nov 09 3030 Words
      http://www.zealllc.com/2009/gldetf5.htm

      "Gold Stock Popularity" by Scott Wright 27 Nov 09, 2862 Words
      http://www.zealllc.com/2009/gspopular.htm

      • 2 Replies to jawz_2020
      • Bulli$h Ca$e for $ilver & SLW, part 10

        (Note: for all tinyURLs below,
        copy & paste URL, then remove "space" b4 "dot" )

        cf. SLW v$ SLV & competitors

        SLV ishares Silver ETF V$ SLW Silver Wheaton

        AVOID THE SILVER ETF "SLV" because SLW far outperforms it.

        Just look at the charts:

        1 Year: SLW from 3.77 - 17.45 Hi, up +362%,
        outperforming SLV by 200% & the DOW by 300%

        http://finance.yahoo.com/q/bc?t=1y&s=SLW&l=on&z=m&q=l&c=SLV&c=%5EDJI

        SLV from 2 Jan @ 11.50 to 17.50, Up +52%
        http://tinyurl .com/ygz8fnh

        SLW from 2 Jan @ 6.75 to 15.50, Up +130% = 2.5x SLV
        http://tinyurl .com/kl37ug

        SLW, the largest producer of silver with a fixed cost of $3.90 per ounce to make one troy ounce of silver bullion has gained two and a half times more than SLV, the silver ETF.

        SLW is superior to the etf SLV for many other reasons as well.
        Silver Wheaton: the SAFE alternative to SLV http://tinyurl .com/yzgb749

        “Your ETF-silver is For Sale” http://tinyurl .com/nvkmtz

      • $GOLD up +200% v$ the DOW: <5%> pa$t 10 year$

        Proof that $tock$ have underperformed aby$mally compared to gold!

        check out the "mu$t $ee" graphs in the article below,
        $howing the DOW has LO$T 5% over the past decade,
        (from 11,000 to 10,450).

        Adju$ted for inflation, the DOW has lost <13.4%> ANNUALLY cf to gold,
        while gold has gone from $300 to almost $1200, up $900 or +200%

        "The United States Lost Decade & Gold"
        by Michael Kilbach, Nov 27 2009 9:52 AM

        http://www.kitco.com/ind/kilbach/nov272009.html << CLICK!! <<<

        The whole point of $AVING is to build a RE$ERVE OF VALUE to trade for needed/wanted goods in the future.

        Compared V$ Gold, the US Dollar has LO$T <79%> of its value since 1979

        Obviously SAVING U$ DOLLAR$ is NOT the weay to $AVE VALUE!

        Anybody that wants to $AVE VALUE for the FUTURE needs to acquire PRECIOU$ METAL$ (pm) - GOLD & $ILVER - as THE BE$T MEAN$ PROVEN BY HI$TORY TO TRULY $AVE & GROW VALUE.

        FAN$, THI$ I$ WHY YOU $IMPLY MU$T OWN PM,
        & $ILVER HAS & WILL CONTINUE TO OUTPERFORM GOLD.

    • National Debt Now Tops $12 Trillion http://tinyurl .com/yg37epa

      The FIAT Dullar is DOOMED! http://www.usdebtclock.org/
      ____________________

      LATE$T GREATE$T ARTICLES ON $ILVER & The Gold:Silver ratio:

      "Silver prices will hit new highs in 2010" Mon 16 Nov 09
      http://tinyurl .com/yjns7uw
      The prospect of a surge in industrial demand, buoyed by investment could see silver reaching as high as $25 per ounce say analysts at CPM Group.

      chart: http://megamata.com/mike/jpg/s20090715b.jpg

      Silver Cycles, Silver-to-Gold Ratio, and the USD Index Analysis
      By: Przemyslaw Radomski 17 Nov 09
      http://news.silverseek.com/SilverSeek/1258488889.php

      Chinese investors pushing up gold, silver prices 19 Nov 09
      http://tinyurl .com/yahdje2

      Got Gold Report: COMEX commercial shorts in retreat for silver
      11/17/2009 11:38:11 AM | Gene Arensberg
      http://tinyurl .com/yzdgarn

      Silver price surge => Comex limits 18-Nov-09
      http://tinyurl .com/yg2mu6v

      Position limits expected to be enforced according to the video.
      Fuels speculation silver prices are shooting up due to demand for delivery against naked shorts.

      SCROLL DOWN TO SEE VIDEO:
      Silver is more rare than gold; Will be extinct by 2020.
      Interview with Adrian Douglas http://tinyurl .com/yg2mu6v
      ___________________

      REPORT THAT GOLD BARS FROM FORT KNOW SOLD FOR PAST 20 YEARS ARE FAKE MAY FUEL "THE SILVER SLINGSHOT"

      The gold conspiracy world is a buzz with recent articles from Rob Kirby about tungsten bars that were plated with gold. According to Kirby's sources 1.3M-1.5M these 400oz bars currently reside in Fort Knox as well as have been sold into the global gold markets over the past 15-20 years. The article can be found here: http://news.goldseek.com/GoldSeek/1258049769.php


      Fake Gold portends Silver Explosion! by Bix Weir Wed 18 Nov 09
      http://news.goldseek.com/GoldSeek/1258527840.php

      _____________________________________

      "MELT THE WITCH …swap all your Gold for Silver!"

      (25 Rea$on$ to own PHY$ICAL $ILVER BULLION)

      http://news.silverseek.com/SilverSeek/1210917480.php

      ______________________

      The Great Silver Mystery (& the greatest secret of all time!)
      by Bix Weir
      http://www.silverbearcafe.com/private/silvermystery.html


      http://www.silverseek.com/

      http://www.mineweb.com/mineweb/view/mineweb/en/page32

      http://www.silverbearcafe.com/

    • here's your weekend reading:

      (copy URL links, then remove "space" b4 "dot" in URL)

      "Forget 11,000, Dow Heading for 6000 and GE Still a Short," Charles Ortel Says - http://tinyurl .com/ya7rqrz

      "America Is An Over-Indebted, Profligate, Spoiled Nation In Decline"
      http://tinyurl .com/ykbgnyc

      "Gold Market Reaching The Breaking Point" By Eric_deCarbonnel 5 Nov 09

      http://www.marketoracle .co.uk/Article14818.html <<< A MUST READ!!

      Yves Smith: Roubini Predicts “Mother of All Carry Trade Unwinds (11/03) http://tinyurl .com/yzeaj2c

      Charles Hugh Smith: The Crash of 2008: It’s the Panic of 1825 All Over Again (11/09) http://tinyurl .com/yjbaqqf

      Michael Nystrom: The Dollar Meltdown – Review (11/11)
      http://www.bullnotbull .com/archive/the-dollar-meltdown-review.html

      Tom Raum: US Risks Following Japan’s Example of Stagnancy (11/13)
      http://tinyurl .com/yk9jwm5

      MORE:
      scroll down to the CURRENT LINKS OF INTEREST to commentaries @
      http://www.fiendbear .com/

      • 1 Reply to jawz_2020
      • Wi$e Men $ee the Top
        of the current bull inside a secular bear;

        IOf you can not $ee it, it$ only because you're $tanding on it!

        Re: Forget 11,000, Dow Heading for 6000

        "this rally that has climbed 56% from 6,600 to 10,300 with hardly a breather is long in the tooth."

        more weekend reading FYI:

        Are Stocks Making a Major Top? by Chris Ciovaco 13 Nov 09
        http://tinyurl .com/yb95aau <<< MUST SEE CHART$ !
        ______________________________________________

        Are Markets Headed for an 800-Point Blow-Off Day? by Joseph Shaefer 12 Nov 09
        http://tinyurl .com/yh6cwmz

        above reports views of Bob Howard, the editor of Positive Patterns,one of the few people who told his clients to sell everything in September of 2008 and to buy back in March 2009.

        Includes best sectors & specific PICK$ to BUY AFTER the blow-off.

        EXCERPT$:
        "In his own words, from yesterday’s e-letter:

        So where the HECK can we make money here?

        Gold stocks should do well.

        Energy stocks should do well.

        Agriculture stocks should do well.

        RR stocks should do well. Uncle Warren says that his BNI trains can haul 1 ton of coal 460 miles on one gallon of diesel. If you can convince yourself that he did NOT buy BNI for the coal angle - then you probably think OJ is innocent, and that the recent 3.5% GDP was real, and that elephant you see in the room of America is just a mirage and you can wish it away.

        Bob’s projections at the macro level for where we stand today:

        Stock Market Next Few Years? Sideways, back and forth - in a range - downside at most 30% - worst case 35% from here - or 10 to 15% upside from here - absolute tops - hard to get much above that.

        Best Performing Index Next 5 Years? I would expect that to be the Nasdaq and... the Russell 2000.

        Best Groups To Own For The Next Few Years? DEFENSIVE STOCKS THAT ARE ON OFFENSE!!! Tobacco, Food, Ag, Pipelines, Some Foreign/Big, Canadian Stocks, Gold Stocks, Energy, Apartments, Some Banks, Some selected asset plays, Internet Content Providers/Digital Sellers of VALUABLE Content, Water Plays, and a few special situations.

        Finally, regular readers already know my favorite picks in these sectors, and can review past articles at their leisure. But here are a few that Bob Howard recommends that I have not: Balchem Corp. (BCPC), Barclays Capital Convertible Bond ETF (CWB), Central Fund of Canada (CEF), Seaboard Corp. (SEB), Trustmark (TRMK), WebMD Health Corp. (WBMD), John Wiley (JW.A), Chicago Mercantile Exchange Holdings (CME), Elbit Systems (ESLT), EOG Resources (EOG), SunTrust Banks (STI), Teva Pharmaceuticals (TEVA), Nestle (NSRGY.PK), Philip Morris International (PM), Roche (RHHBY.PK), and Syngenta (SYT). I’m reviewing them currently and present them for your consideration, as well.

        Personally, I hope Bob is right and that there might be / will be a whopper of a blowoff day. It would be a far clearer signal that it’s time to cool our jets for a while than the slow drifting-sideways end I fear may happen. And clarity is something we can all use a little more of in times like these…"
        ____________________________________________________________________

        Will We Finish the Week Over Target Levels? by Philip Davis 13 Nov
        http://tinyurl .com/ygfab8f
        ___________________________________________________________________

        The home page at SEEKING ALPHA features links to several articles on the U$D stuation that you may want to peruse:

        Ongoing Debate: Buck Up the USD or Let It Slide?
        News from: WSJ

        Understanding the Dollar Debate by Jeff Miller

        U.S. Dollar: Time for Deeds, Not Words by David Merkel

        Exchange Rate Manipulation: Beggar My Neighbor, Or Myself?
        by Bob McTeer

        Zero Interest Rates Can't Last Forever. Then What?
        by The Housing Time Bomb

        http://seekingalpha .com/

    • Beware another {15%} stop tour

      I started this thread, "Bulli$h ca$e for $ilver & SLW" the day after the previous STOP TOUR on Mon 21 Sept taking SLW to 10.57 after a gap down open, over by the end of lunch time.

      The sideways meandering price since then has taken all the Oct options lower, both calls and the $10 puts as well.

      imho, Accumulate on the next stop tour . . .

      If you look at most any chart, there's almost always a "dip" downward before a price moves HIGHER to the next level.

      I call it a "stop tour" - MMs run the pps lower to trigger as many stop loss orders as they can to replenish their inventories so they have plenty of shares to sell to the traders who chase upward momentum.

      WHEN the MMs manipulate the price lower on a downward spike

      - last time, Mon 21 Sept, the MMs walked SLW down <15%> from the open and had the price back to the previous close before lunch was over -

      in order to accumulate shares before the next move higher,

      for example, if the price of SLW was $12.50 before the "stop tour" starts,

      then <15%> from $12.50 would take the price down <$1.875> to

      $10.625 < < < (example starting from $12.50)

      Of course the price LoW depends on what the price is BEFORE the stop tour starts, so that's just an example.

      That will clean out all the retards still using stop loss orders who failed to comprehend the lesson of the LA$T stop tour:

      STOP USING STOPS!

      BE PREPARED WITH CASH ON HAND so that
      WHEN (not "if") the stop tour happens,
      you can scoop up Dec Calls & stock at a big di$count.

      BTW, the "HAMMER" candlestick formed on the previous stop tour, Mon 21 Sept, marks the price floor at the intra-day low, which was $10.57

      So, the example of 10.62 is fairly accurate imho;
      the stop tour should not go lower than the hammer low of 10.57

      we would then have a "double bottom" formation heralding a move higher . . .

      Chart: 3 mo RSI, ADX BBs
      http://tinyurl .com/lkj2nc

      btw, american bulls dot com put out 29 Sept a BUY rec on SLW when it was $11.78

    • The $50 Silver benchmark is rightly based on Gold, adjusted for PAST inflation,
      and NOT on the Hunt Brothers attempt to corner the silver market.

      But Gold @ $2000 only factos in PAST inflation, NOT additional FUTURE inflation.

      yourdeadmeat69 said,
      {"I cannot use ($50) as a benchmark (for silver), it's too manipulated in an open and obvious way at the time.

      I can see $25-$30 an ounce based on inflating our currency another fifteen percent world wide, but anything above that is no man's land."}

      If Silver goes up from $17 to $30 on a mere 15% inflation, I'm definitely in the right place holding SLV call$ with expirations 90-100 days out!

      deadmeat, fyi, while you're correct in pinning the $50 target for silver is based on $2000 gold, diverting the facts with the distraction of the Hunt Bros monopoly over silver attempt has nothing whatsoever to do with the fact that GOLD )not silver) is INDEED based on GOLD'$ historical high in the 80's (and NOT anything the Hunt Bros did).

      note: with SLW lagging silver by the its $3.90 production cost,
      $30 silver would equate to SLW @ $26 AT LEAST, if not more. So, even yourdeadmeat acknowledges that SLW is potentially almost a DOUBLE from $14, based on nothing more than 15% inflation.

      Inflation in the Jimmy Peanut Carter years hit 20%+ and anybody that doesn't think that 20%+ inflation will probably happen again, is sadly ignorant imho, so add another 5% MINIMUM to yourdeadmeat's projection.

      20% inflation would send silver to HIGHER that the $30 based on 15% inflation, to . . . $40 ?

      The $50 benchmark for silver is based on GOLD running to its previous historical high, ADJUSTED FOR INFLATION in TODAY'S dollars

      And THAT historical inflation adjustment, which points to gold hitting $2000, has NOT YET factored in the FUTURE HIGHER impact of inflation running to 15%, or 20% as in the Carter years, (or higher in the days of obama-nopoly money even higher inflation - Carter did not print the TRILLIONS Obama has ALREADY committed to spending).

      The point being, that Gold @ $2000 is based on the inflation history as ALREADY IN THE PAST produced.

      Any FUTURE HIGHER YET TO COME would therefore send Gold HIGHER than $2000 - hence some who say gold will go much HIGHER than $2000 . . . eventually, whenever that may be.

      Regarding the argument that GOLD will indeed go to $2000, read "Real Gold Highs 3" dated 9.18.09, by Adam Hamilton, CPA @ ZEAL LLC "dot" com

      http://zealllc .com/2009/cpigold3.htm

      Silver ha$ a Long Way to Go 8-Oct-09 01:24 pm

      ( copy & paste, remove space b4 "dot" com )

      http://tinyurl .com/yacw7wz

      Chris Weber, writing for Steve Sjuggerud's Daily Wealth made some observations that I have to agree with . . .

      As Chris Weber said at the end of his article:

      "... right now, I think both metals have more room, and most likely much more room, to go."

      _____________________________

      Jim Rogers is referenced in yesterday's Forbes piece as well:

      Why It I$ E$$ential to own $ilver, 12 Oct 09 @ Forbes:

      http://tinyurl .com/ylp6e32

      wealth of info (scroll to articles @ bottom)
      http://www.silverseek .com/

      eg:
      "Road to Roota XX - The Big Silver Slingshot"
      By: Bix Weir | 6 October, 2009

      http://tinyurl .com/yf3qkw7

      Everyone should pay attention to Ben Weir's argument for a "Creative Destruction Event" which will "sing-shot the price of silver" far beyond any mere 15% inflation increase caused by the trillions in OBAMA-NOPOLY money flooding the economy.

      _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

      http://tinyurl .com/yf3qkw7

      ALSO, at the article above, be sure to click on:

      "Melt the Witch – swap all your gold for silver!"

      and

      "When the music stops…Who’s got the Silver?"

    • FXE: buy FNKMZ for 0.20 now, NOW!

      FXE IS THE RYDEX ETF CURRENCY SHARES EURO TRUST
      http://tinyurl .com/y8ljd7b

      The Jan $130 put FNKMZ has an extraordinarily high open interest: 67,232 contracts at Friday's close.

      FXE is up today,
      http://finance.yahoo.com/echarts?s=FXE#symbol=FXE;range=5d

      so FNKMZ.X is down to .20 again
      http://finance.yahoo.com/q?s=fnkmz.x&.yficrumb=diOsH2IPNpu

      If you can buy the put for $0.20 its another chance to make +50% next time FXE dips even slightly, moving the Jan put FNKMZ.x up to .30

      whether or not the EURO crashes to $130 by Jan 2010 see previous posts on FXE / +FNKMZ

    • on 24-Sep-09 04:03 pm jawz_2020 said,

      "OCT $15 Call SLWJC for a NICKLE!
      un fuggin believable!
      FREE MONEY !
      its GOTTA DOUBLE $ometime before next 3 weeks go by..."

      +SLWJC hit .25 today, up +400% from a nickle on 24 Sept

      only your net worth $uffer$ when you ignore jawz_2020

      btw, if you still holdin the Oct calls, you need to sell today or tomorrow imho

      and roll into the DEC calls

      maybe see if they pullback any before buying the Dec calls

      Nov calls did not start trading until recently, & there is not enough open interest (volume) on those calls imho, so just move on to the Dec calls.

      Ble$$ing$

    • The last time SLWLE was only 0.30 was exactly 30 days ago, on 25 Sept 2009

      $o, this is an exceptional FREE MONEY opportunity, fan$!

      BUY DEC $16 CALL for only $0.30

      WITH BID FOR 0.25, AND ASK @ .30

      YOUR BUY +SLWLE FOR 0.30 SHOULD HIT EASILY!

      BLE$$ING$!!

      jawz_2020

    • View More Messages
 
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