If they are doing so great why the share sale?
If they had tons of cash why the sale?
That is why the sec is investigating!
I said this at 14 also!
When the world is asking it to be replaced along with the imf its going to happen and us peons will never know when!
Also the fed is getting ready for it via there 85 billions in MORTGAGE BACKED SECURITIES!
They are not just putting the money out there for nothing!
As less and less gets mined it will be harder and harder for them to feed their Ponzi paper scheme!
Its going to end badly!
Miners are hurting and even the ones that are supposed by-product mines are hurting cause all those credits are getting slimmer!
It makes tin lead and all other base metals much more expensive and the price for those are in the tank also!
All the metals work together in one way shape or form!
Gold is also a huge silver producer as 10-20% of every ounce mined is silver:)
Heck look at palladium!
Still over 700!
You use to be able to get it for around 400!That paper will burn soon enough!
You still only hold paper!
You need to hold the real thing or else you will only have fire material!
Paper for everything paper contracts I am betting is well over 1000-1 cause there cant be that much silver available!
There is a shortage compared to futures contracts and paper contracts!
I want a strong dollar!
I don't want our manufacturing done overseas!
I want theft via inflation to stop!
In 1970 a family could make it on one persons income comfortably today its almost impossible!
The only thing benefiting is the gov's taxes collected!
You people don't get it!
I am sure you want to make what someone in central America is making!
I think that's about 4$ a day!
Compared to 1970 its pretty close now!
People need to open their eyes!
In 1970 a person making 5-7 dollars an hour is making more than someone today making 20 dollars an hour!
Don't believe me figure taxes + inflation and you shall see!
We are being scammed and you don't even know it!
This whole thing started with free trade or for another word the start of globalization!
And how do you see that?
What you think a p/e of 600 is justified?
They sure as hell cant keep up the growth as there are only so many people who can subscribe!
They sure are not growing profits of a hundred dollar a share co!
Oh I forgot this is 3.5 hundred!
Oh well pigs will be slaughtered here!
I bet Icahn is short this pig!
Heck he got this pig up there now he will run it into the ground!
Keep up the cheerleading its working for ya so far!
50% of that has been in the last 15 years!Most in the last 5!
What will the next 5 be like?
Its going to end as the biggest theft of wealth the world has ever known!
The fed is buying up all the mortgaged property and when they collapse the dollar and there are no jobs who will wind up with all the property?
People don't see the big picture only the taper!
They will taper as they want the dollar to tank!
They know the debt can never be repaid as that was their intent to begin with!
Obama has been elected to kill the economy and to kill whats left of the dollar!
He was a useful tool and he did his job well!
Congress and the house went along with it!
We the people are going to get the royal bend over treatment!
Those on welfare and ss will be hit the hardest as it will end and with no jobs and marshal law enacted the death toll will be horrendous!
I see this as a worse case scenario but I see it happening!
Record sales every where and every thing!
Just wait it will get much worse!
Also don't forget the mint shut down this year twice due to no available silver!
Where would we be if it were minted for demand?
Its all good anyway as production across the board is way down!
I know the institute will put up funny #'s like the government but you cant have added supply when many mines have closed and the big mines with production declines!
We shall see how they spin it!
Another thing to look at is the big trade deficit!
Also how much of that gdp was sourced from overseas?
In other words made there by American corp's but sold here!
You know that's figured in I hope?
If you cant have fun and learn something from time to time then why be here?
It just thinks its going to go up is all!
Ag China wants to be the big kid on the block!
They want our currency to die the death!
As reserve currency we get a cut on every deal out there that is traded on the dollar!
To lose that is like losing your coat when its 100 below zero!
If we had to get other countries currencies to settle trades like they do now they would dictate the terms like we have for more than 40 years!Its a lot bigger deal than most people even know!Or comprehend!
The buying power didn't but 30% of trade that use to be done in dollars is no longer done in dollars!
That's 30% of trade via other countries!
Gone for good?
I am betting it is!30% is a lot of dollar transactions!
Then on top of that you have production declines as miners go after the easiest first!
Most are down double digit this year and most were down that last year so double from last year = a huge decline over a two year period!
Cannington in Australia is a prime example!
Why I just printed 2 billion ounces in just a few seconds!lol
Where else could it come from?
Stumble there will not be complete collapse because we have nukes!
Unless we have a nuclear war we will never completely collapse!
Our currency will undergo significant devaluation like you have never seen b4!
Yes the last 20 years has been an eye opener but it is going much faster over the last 5 than the previous 15!
The next 5 will be much worse than the last 5 and so on!
When we lose reserve currency status the wheels come off the bus and we will all be stranded!
30% gone this year!
What will next year bring!
Even the imf and other major countries have asked for there to be a new reserve currency!
The globalists want it so it wont be long now!
I started back in 2000 and have bought along the way!
Good avg and its getting better as they drop the price for my past 5 years avg anyway!
The other is up over 300% the rest down about 25-30%!
I think I can handle that:)
As for stocks well you can keep them!
When the market(casino)crashes I will lose nothing!
See I go out 10 years on everything!
Then I re-evaluate and go from there!
So far no reason to stop and redo anything!