Great work SGS. I like how you distinguished price and value. Great insights, and thanks for the encouragement to hang in there and buy more all the time. Keep up the great work. By the way, what program were you using to do all the charts and overlays - looked great.
So I just went to the coin store. The only silver the guy had in stock other than crazy priced numismatics was $1 face US coins and $6 face of Canadian coins from the 1950's. I bought all of it for $150.00 and that is all I could get today. It was quite a letdown. I have never seen this store cleared out of silver before.
Don't lose heart. I see panic spreading through my community, and I am in a very white collar area. People will look to those of us who have properly prepared. THREE of my neighbors (doctor,lawyer,engineer), who I have hinted to buy PMs before, called this morning, begging me to go with them to the local coin shop ASAP. I was at the shop yesterday, watching people walk in the with stacks of Benjamins, 10k at a time. Kreugurands, eagles, maple leafs, all sold out. The panic is spreading. Its not about price right now, supply is the concern at our level.
Wow, I have been saying the same thing for quite some time! I am certain I have posted on this blog the same. Silver is the "Achilles Heel" of this system. That is the reason for the continuous heavy suppression. They own a major portion of the gold, but very little silver. So the ONLY means of suppression of silver is through paper. When the price of silver is no longer controllable, the historical 16:1 ratio at a minimum, will take force. I am of the belief that silver could reach a level closer than that. At any rate, loss of control of the metals pricing will expose the PONZI for even the most mentally challenged of the world. Paper will be shunned by all.
Jim Sinclair is the guy that got me into buying phyzz back in 2004. He was also the first person screaming about derivatives. His price targets, which includes the target in the video, was posted by him years ago. He's got his boots on the ground and he knows mining, not just another analyst, so please take heed and listen.
I'm just a small guy with limited funds, but over the years, buying one/two oz at random times whenever I had money, have saved up a nice little pile. I look at this price suppression as a gift, a blue light special to keep buying because once it takes off, I won't be able to buy anymore.
Great work, clearly a lot of thought went into that. Some pretty astonishing figures there, wow.
ReplyDeleteThanks for the encouragement during this pretty lousy time.
GLD and SLV BUY algos turned on 11:30
ReplyDeletewhen the algos turn on which way does the market for slv and gld go?
ReplyDeleteGreat work SGS. I like how you distinguished price and value. Great insights, and thanks for the encouragement to hang in there and buy more all the time. Keep up the great work. By the way, what program were you using to do all the charts and overlays - looked great.
ReplyDeletebanman,
ReplyDeleteThe chart is from Brotherjohnf, over at Youtube
So I just went to the coin store. The only silver the guy had in stock other than crazy priced numismatics was $1 face US coins and $6 face of Canadian coins from the 1950's. I bought all of it for $150.00 and that is all I could get today. It was quite a letdown. I have never seen this store cleared out of silver before.
ReplyDeleteBanman, head over to www.netdania.com.
ReplyDeleteGreat charting platform.
2011
ReplyDeleteGold is up 23%
Silver is up 24%
What's not to like about that??
Hey SGS, what program is it that you're using in your videos??
ReplyDeleteDon't lose heart. I see panic spreading through my community, and I am in a very white collar area. People will look to those of us who have properly prepared. THREE of my neighbors (doctor,lawyer,engineer), who I have hinted to buy PMs before, called this morning, begging me to go with them to the local coin shop ASAP. I was at the shop yesterday, watching people walk in the with stacks of Benjamins, 10k at a time. Kreugurands, eagles, maple leafs, all sold out.
ReplyDeleteThe panic is spreading. Its not about price right now, supply is the concern at our level.
Wow, I have been saying the same thing for quite some time! I am certain I have posted on this blog the same.
ReplyDeleteSilver is the "Achilles Heel" of this system. That is the reason for the continuous heavy suppression. They own a major portion of the gold, but very little silver. So the ONLY means of suppression of silver is through paper. When the price of silver is no longer controllable, the historical 16:1 ratio at a minimum, will take force. I am of the belief that silver could reach a level closer than that. At any rate, loss of control of the metals pricing will expose the PONZI for even the most mentally challenged of the world. Paper will be shunned by all.
SLV sell algo 11:30, lol, wow.
ReplyDeleteJim Sinclair is the guy that got me into buying phyzz back in 2004. He was also the first person screaming about derivatives. His price targets, which includes the target in the video, was posted by him years ago. He's got his boots on the ground and he knows mining, not just another analyst, so please take heed and listen.
ReplyDeleteI'm just a small guy with limited funds, but over the years, buying one/two oz at random times whenever I had money, have saved up a nice little pile. I look at this price suppression as a gift, a blue light special to keep buying because once it takes off, I won't be able to buy anymore.