Ummm..
1) Silver and Gold (inflation adjusted) are still below their all time highs.
2) CNBC and other major news networks say Gold and commodities are in a bubble.
3) Go to a restaurant and ask the waitress or waiter if they know the price of silver or gold and if they own any. Since the public doesn't even know about silver or gold I'd hardly say it's a bubble.
4) The book stores don't have displays up in the front of the store on how to get rich buying gold and silver.
5) Time magazine hasn't said Now is the time to buy gold on the cover of...
So inflation in the silver price is running at 100% in 6 months when real annual inflation is who knows these days 6%?
That is speculation and nothing to do with inflation. Although the cheap dollars washing around are giving the banks more gambling money to go and bet some more in the latest bubble.
My know nothing cousin asked last week if he should buy silver, that is good enough singal for me to be bearish
What I am saying is if the stock market sells off it will take the silver bubble with it and wheat etc etc. All I can do is watch and see which way it goes. I think I have made it clear what I think will happen but anyone who has been trading for a while knows that we all really know nothing.
The sell off in stocks is well overdue but it can equally keep on going if we get qe3.
with his outright lies about the content of other's posts. It is obvious he knows the English language but intentionally frames his posts to provoke not enlighten.
