Loading ...Now the dollar will not die nor will the stock market collapse. As the world economy slows and Europe and South America economies crumble, world capital flows have no place to safely park huge amounts of funds but the US. Money was flowing into the London real estate market but it is being pulled out because of a new tax. All those funds are now pushing NYC real estate prices at all time highs. These funds will push the dollar higher and eventually flow into the US equity markets. Where else are you going to park large amounts of funds? In European or South American banks? I don’t think so. As far s silver is concerned, all commodities are in a deflationary cycle and will continue for years to come all caused by the world wide economic slow down. As industrial uses for silver make up 70% of demand, that demand is rapidly declining. Record “coin” sales is not enough to change the overall trend which is down. Of course the promoters of silver cry “manipulation” when the hype of $100, $200 or even $1000oz prices never materializes. Sad how many people fell for this. By the way the Saudi prince was caught with a form of amphetamine not heroine. Not that it matters in the scheme of things but it shows how he is constantly wrong. He has his few believers brainwashed or they really don’t do enough research into his statements. Most of the info he spouts is simply made up and the few things correct really comes from other sources but he makes it sound as if it came from his “inside sources”. Total nonsense but it is great entertainment. Just don’t buy into any of it!
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that’s a nice story. silver is going down because of RECORD bullish bets in the ETF options. once these idiots finally puke, it will fly. a coupla billionairs can take all the comex silver.