Aha. Since those words were spoken, pm's tumbled by 3%. One would think that when Obama decided to dump our strategic oil reserves, some of those barrels were filled with platinum, gold, and silver.
What kind of dollar bounce are we gonna get when the Euro collapses? I expect a massive dollar bounce, followed by a massive drop and then collapse of the USD. Gold to $3000 and silver to $200. Within a year.
Tinka is counter trending the entire sector today. Its hilarious! So oil get shut off from Libya, we have to tap into our reserves and oil goes down. Its paper oil!!!!
i have to say...that silver is holding in there today...Holding above 35.....
ReplyDeleteAha. Since those words were spoken, pm's tumbled by 3%. One would think that when Obama decided to dump our strategic oil reserves, some of those barrels were filled with platinum, gold, and silver.
ReplyDeleteWhat kind of dollar bounce are we gonna get when the Euro collapses? I expect a massive dollar bounce, followed by a massive drop and then collapse of the USD. Gold to $3000 and silver to $200. Within a year.
ReplyDeleteTinka is counter trending the entire sector today. Its hilarious! So oil get shut off from Libya, we have to tap into our reserves and oil goes down. Its paper oil!!!!
ReplyDeleteIt does appear $35 silver is the bottom. If it cannot break that today, then only Greek/Euro collapse can break it!
ReplyDeletei would think that a greek/euro collapse would send europeans into the metals...dollar may move massively...but i think so would metals....???
ReplyDelete