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Silver Wheaton Corp. Message Board

  • yourdeadmeat69 yourdeadmeat69 Apr 28, 2010 9:32 PM Flag

    All roads lead to $25 silver/SLW

    Bailout nation is bailout world. Sovereign default means the mighty have fallen, and gold silver full faith and credit isn't just our Constitution's edict backing the value of money, it is the common denominator of value in the modern world.

    Lacking credulity, abandoning that standard, means the world is now awash with paper to solve its liquidity problems. US takes the lead, as it should as the senior debtor nation, but follow the leader Europe as it takes it on the chin means all fiat sux.

    We need a slow but steady rise, nothing parabolic like 2006, lest we wake the troika of the three banks whose unending supply of dollars would choke off the rise.

    There's eight dollars left in SLW. I can wait a year so that bottoms and resistance is formed all along the way.

    For the moment panic and parabolic rises sets in, the world is the worse for it.

    And we'd best be nimble...

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