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Silver Wheaton Corp. Message Board

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  • yourdeadmeat69 yourdeadmeat69 Nov 8, 2010 9:41 PM Flag

    You idiots, it'll be down hard tommorrow!

    Everything takes a breather, and a 40% pop in weeks is extraordinary and due a pullback, but your reasoning is counter everything we've been reading about dwindling silver supplies, soaring demand from the electronics industry, and customers those products emerging from the old third world. Silver is destroyed in industrial use with very little reclamation, as opposed to gold, which just about has every ingot still with us since the dawn of time.

    There isn't enough silver to go around, it is the only precious metal just precious enough to command respect but still malleable into a decent sized coin.

    ,,and some of the world's popular pundits are beginning to expound a basket of currencies to back up world money, to include the yuan, the dollar, the pound, the euro, and yes some silver and some gold.

    In the meantime, the world is at war to debase currencies, until we turn all the paper money in the world into Zimbabwe dollars.

    A market at $21 average in 2011? It'll be closer to $30, and worth it.

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