SGT Report RSS feed SGT Report Videos on Youtube SGT Report on facebook

SGT Archives



Miles Franklin

The Fisch

UnboundRadio

UnboundRadio


Popsicle Man

Presented Without Comment.

SILVER: The Achilles’ Heel

10 comments to Presented Without Comment.

  • Scott Sando

    Thanks for the cheap silver guys. I really love days like these!

  • zepster

    These uh “downdrafts” seem to regular and focused, one wonders what the downside target is ? Me thinks 27 to 28 silver and perhaps 1560 gold

  • Steady

    Im standing by my 26-27$ range of equilibrium on cash mining costs. Hold your fire gents, till the white of their eyes. 26$ is support, even though sub 30$ is great, calculate your premiums into it.

  • Travis

    Silver. My Achilles heal.

  • MERCELLUS

    And like I said before, the miners are the only ones who can stop this,they have to stop production! The U S Gov’t is a DISGRACE!!!

  • Rich

    Maybe they are trying to say it doesn’t pay to get out of bed before 10:15 am when there is that refreshing little upward spray from the waterfall bottom.
    Heard a little economic collapse chatter on NPR this morning (maybe next month mainstream media?)so my guess is that they would like to take it down to minus 000000000000000000 by Good Friday. Ahhh, but then those days ahead!!!
    Good to see you’ve been religious fellars!!!

  • MERCELLUS

    It just really shows how dumb they truly are because if you really wanted to shake people out of this market they would just quickly raise the price up so high that no one could afford it, especially knowing that half the working class makes less than $20,000 a year and less than 1% of the U S buys gold or silver. I thought these guys were smart, dumb,dumb,dumb! Like I said soon this will have an effect on mining. FOOLS!!!

  • MERCELLUS

    The more these dummies at the U S Treasury, JPMorgan and HSBC bank force the prices down, the more RUSSIA and CHINA will buy and stack, and Obama is off playing golf with Tiger Woods!

  • douglas

    I´ve been at this since 2006 (only AG since 2009) and my advice is: Dont let ¨them¨ get in your head! No matter how much naked shorting or even real selling (of paper metals) they do to bring the price down, dont get negative. I personally am always rooting for AG/AU prices to keep heading south! We know the fundamentals are all there, we know the debt is unsustainable, we know its just a question of time before fiat becomes near worthless. Instead of being bothered by their downward manipulation, be thankful that you can continue to build-up your wealth for a bit longer (and for less money). I´ve been at this for almost seven years, but you know what? Enough is never enough – I want more time. I wish PM´s would go to half their actual value – but I take whatever downward movement I can get to buy as much as I can afford. Half an hour ago I bought my number XX monster box for around $15.5k and and tommorow I´ll start scraping together what I can to buy another if the price goes down to $28.25/OZ. People listen to me – Dont be in such a rush to see the price go to the moon – while I´m certain that one day soon it will happen, it should not be something that we desire. When PM´s do take that meteoric rise, it will be because the economy has crumbled. Enjoy what life gives you know, because although we will maintain our wealth by owning alot of physical PM´s, the world itself will be a very different place (mostly for the worse) – and while we who invested wisely will be much better off than the masses, life itself will probably not be the same ever again. Be happy, relax and enjoy the show!

Leave a Reply

  

  

  


*

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>