• If you are posting pictures, and they aren't posting in the correct orientation, please flush your browser cache and try again.

    Edge
    Safari/iOS
    Chrome

Stock Market is the bottom in?

There's way more money floating around than metal. That's part of it. The other is, there's speculation that there's as much as 500% more silver sold short and naked than is produced in a year on the flat earth. One school of thought is banks are long silver and central banks are driving up the price. The other is the shorts got their b*lls frozen to the front porch and the longs have them cornered.

Who knows if any of that is true? All I know is thieves will always steal, and the steal has to be bigger every year to keep up their lifestyle. Thieves are affected by inflation too.

It looks more and more each day like I'm gonna get my Visa shares, and now way more UNP than I really wanted.

Yeah, but where is the money coming from? It's not being pulled out of stocks or real estate. It's probably not boomers looking for portfolio growth. Is it coming from Europe? Asia? Russia?

EVERYTHING is at all-time highs, and that is a very dangerous place to be. Something has to give. It's like stretching a big rubber band. Eventually it will break and come flying back in your face.
 
Not EVERYTHING. Note that a lot of cryptos are down over the last 12 months. Looks like Bitcoin is down over 12%. Many other crypto stocks are also negative. Looks like the 1's and 0's crowd is just hedging into the hard assets for a balance. On silver in particular, about Fing time. Silver was close to a 1:50 ratio with gold for a long time way back in the day and only recently got back to that. This is not just me looking at computer screens. Had some for almost 40 yrs and was a stellar under performer except for a few blips here and there for decades. When Bitcoin raced ahead at a bazillion percent, no one seemed to think the train was going off the rails than.

Will it last, nah. As someone else used the caps, EVERYTHING cycles. Well maybe not tulips...
 
Back
Top