I am curious to see what this does to stock price tomorrow.
If you think about the stuff on iCloud that everyone thinks is safe and secure..
businessinsider is the site that reported the breach apparently it happened yesterday when the market was closed...
Did you take any selfies of yourself ?
Think about what this means regarding apple stock...
like Jennifer LAwrence and many others are available on the web due to hacking of iCloud.
Is this true ? Is so expect huge drop in AAPL stock tomorrow do you agree ?
This situation has created a fantastic once in a lifetime buying opportunity outside of 2006 that is when silver was 7.00 per oz but at 19 per oz today buy as much as you can afford imo...
Silver is the best investment vehicle at this time for these reasons:
1. It's 50% less than it was in 2011
2. It is produced in finite supply unlike fed and other central banks printing of paper with the click of a mouse diluting existing currencies ad infinatum
3. There is only about 28 billion dollars of it TOTAL worldwide (see below) if only 10 billion were purchased it would cause prices to spike to over 50 per oz. if you look at market caps of dow stocks such as Microsoft GE 260 and 340 billlon etc you can easily see how if even 1% of that money buys silver it would not be available at any price....
4. Silver is the poor mans gold very cheap at 19 dollars per oz think about it 9 lbs of apples or 2.5 pounds of steak can buy 1 troy oz at this price level how long can that last when trillions of dollars in paper are being printed each year ?
5. It and gold are your best defense against fed money creation that only benefits the 1% and wall st banks
6. You will get far better returns with Silver this year than the S&P or banks will give you IMO !
Regarding how to buy physical is best like silver eagles from local coin dealers for about 23.00 which, Second best is PSLV which holds physical silver at the Canadian Mint and does not use BANKS as custodians like SLV does..
Who knows if SLV really has the silver to back up the shares it sells ?
And lastly I Like Hecla Mining largest silver producer in the US also owns gold mine in Canada that was 11.00 in 2011 and is around 3.15 today. All of it's shares could be bought for about 1.25 billion or the amount the fed is printing EACH DAY even today remember they are printing 35 billion per MONTH for the next 2 months !!
"It is estimated that more than 95% of all the silver ever mined throughout history has already been consumed by industrial use. That silver is gone forever, unrecoverable at any price. In 1900, there were approximately 12 billion ounces of silver in the world. Today, according to The Silver Institute's ''
wsm ges anf
take a look...
This cannot be good news for overpriced credit card companies ca n it ?
look I dare you
wsm ges anf
This can't be good news for V can it ?
lets see what happens in the next 6 months...
I tried to warn you but you bashed me !
Now you see I am right all along !
190's coming soon...
now you are beginning to see I know what I am talking about...
you will ride it down into the 60's I know most will..
Large Stockholders/institutions BUY on BAD news to make you think the news was not that bad !
But if you read the profit forecast for NEXT YEAR it is bad with Walmart PE usually about 12 WHEN IT WAS GROWING 8% or so now the profit is falling !
Later these stakeholders will slowly unwind their positions and the stock will drift lower causing you to lose your gains,,
Smartest thing you could do is to sell on the large stakeholders nickel today and lock in gains.
Upside is nil downside is huge from here as the profit for next year will be LESS than this years and the stock is selling for a high multiple of 15 times earnings !
Most won't listen to what I am saying and sell at it now at 74 but I will reference this post in a few weeks to prove to you I know what I am talking about !
And you will say to yourself what was I thinking ?