Took a small position in ZSL today. Not doing good so far!

I don't see it going to those levels. The inflation-adjusted highs would suggest that silver is still well below them, but those were prices based on the illegal market-cornering of the Hunt Bros. If you look that the previous inflation-adjusted highs before that happened, silver is at record highs right now.

I'm buying aluminum stock and palladium bullion right now, but not silver.

guess some people have to throw money away.

We are heading towards a second housing crash. Gold and silver are hitting new highs. The time to swap out 500 oz of silver for the average single family home might come a lot sooner than I thought.

Also a heads-up - The DoD and Fed are sending out sockpuppet shills that are now proliferating the internet trying to create a false consensus that paper money is valuable and precious metals are barbarous relics. Like Fed Shill Stewart Baxter.

Let me remind you how gold and silver performed during the first housing crash - poorly. if i understand correctly, the major hedge funds will liquidate their PM's in a heart beat. it will probably be a great buying opportunity

that was back when the US Dollar was still seen as a safe haven. The supply of dollars has increased dramatically since then, I think commodities, especially precious metals have taken over as that safe haven.

at about :32 watch Matts head. He is a real life bobble head LOL
Love Matt Keiser

From $1100 to $20 per share in 3 years = solid trend imo. Meaning you have to time the market perfectly (through blinding skill, luck or inside info) to make any money with this particular dying dog.

Max Keiser.

FYP

Any immediacy regarding another crash assumes US monetary policy does a complete 180, the Fed and treasury will provide the credit the market may not be willing to imo, for the time being. The market has shaken off North Korea shelling South Korea, An uprising and revolution throughout the unstable regions of the middle east including two outright regime changes, possibly the greatest nuclear disaster in history, and on going military action against Libya. I don't think it will unravel just yet. The Fed's lip service is just that, they have to purchase our debt in order to fund our projected deficits, liabilities, debt and interest.

Your theory assumes 2011 = 1979.

This is not the case I assure you. Aluminum crashed in concert with silver in 1980... what else did... palladium. Additionally inflation adjusted numbers can be a bit deceiving, care to look at it through an accounting filter?

My thoughts...



I have heard several times now, that 500oz of silver will buy a median priced home in the US at the peak of the precious metals rally. This stems from a video Mike Maloney put out ( a member of the Kiyosaki MLM financial education team). I have received a couple questions regarding this play which is based on Maloney's analysis of cyclical theory (in which he includes only precious metals and real estate).



Currently a median priced US home is roughly $160,000 and silver is currently $36.19 per ounce. Making the median US home currently equal to 4420ozs of silver. In the late 1800's a median priced home would cost you 4,000-8,000ozs of silver, and was roughly the same during WWI. During the time period of WWII it would take 10,000-16,000ozs of silver and during the 1980 intraday peak of silver it would have taken less than 900ozs of silver to purchase a median price US home.

Important to note mortgage rates will typically rise in the environment where silver goes parabolic making it more difficult and more expensive to finance a home during this time. So the theory is quite sound that moving from asset class to asset class may provide many benefits by simply being ahead of the crowd. It is safe to say we are already seeing a below average house price to silver ratio. Historically below 5,000ozs per US home is at the bottom end of the cycle.

To quote Maloney "you don't want to hold on to gold and silver forever, you want to hold on to it until a median priced single family home costs less than forty ounces of gold or five hundred ounces of silver, and then you want to trade your gold or silver for real estate." I wouldn't wait that long, during 1980's peak the US home to gold ratio briefly touched 100:1, so Maloney is expecting the ratio to be more than twice as narrow......

Maloney's Cyclical Predictions.

http://maxkeiser.com/2011/03/06/silv...er-occupation/

YES!

And then silver broke $40 in early April 2011...

was it dumb i sold my silver at 39.75 other day... was gonna get some pull back and ante up again. Didnt think we would just bust thru 40 like that, now i don't know what i should do... I guess since the train is going to 50 then it shouldn't matter right.....

Wow, it sure did plow right through $40. Surprising, and spells bad news for the dollar.

I guess you didn't see this before you sold -

(I always take my financial advice from internet meme cats)

Here's what my favorite youtube silverbug has to say about $40 silver

First post in my favourite thread for 40$ awesomeness. Next stop... fiddy dorral.

That guy is tuff to watch but his shirt makes it worth it!

I just moved some $ around to hoard more not sure if a dip is even coming..lol

http://blogs.forbes.com/robertlenzne...rtner=yahootix

"The largest silver ETF, iShares Silver Trust(SLV) has grown from a modest $263.5 million in assets to $13.7 billion in assets 2 days ago. "

Is this true?
I have yet to sell SLV, and enjoyed the run up BUT.... think its time to take profits and diversify to miners and like

cough cough

http://forumserver.twoplustwo.com/30...500-oz-885502/

start at around $20.. now its..?

inflation.us ftw

Read that wrong obv. Sold my position at days end

I don't know when the Hunt Bros. shenanigans really began, but I suppose you could safely use 1974 and that still puts silver at ~65 historically. Will investigate further, thanks.

silver past 41 currently....

my paas long worked great friday... its been a wild ride but i still think we go higher

Ok for the record I'm now short silver at about $40 and change. The tipping point for me came when my mother mentioned her co worker looked into a monex trading account to buy silver and gold. I maybe a bit early but I thing the fed will raise interest rate much sooner then most believe as in this summer. GL to everyone but I think the gold silver run is coming to an end very soon.

LOL.. what's your stop. Sleep tight.

yah, i mean while i dont necessarily disagree with you, why try to step in front of it?

when it starts to break would be the time to short. You're stepping in front of a freight train right now and based on something that happened at your mom's work.

Whats your stop? I wanna watch this