I would just like to say thank you.
I see that you dumped all your Silver a couple or three days ago.
I got in near the bottom of the spike and made around 25 points.
On a more serious note
The game is over for oil. We should place all of our attention on saving the economy.
Did you know that if you bury gold coins after 100 years, if you live so long, you will dig up gold coins. If you bury silver coins after 100 years you will dig up dust.
BTW Morgan Stanley has put leaps on silver.
Not sure I agree Alex - anyway the GSR is going to parity so why would you want to bury them.
… but only if you are American. American shale is very expensive to produce, all the time the price is under $40 the shale producers are hurting.
Not so everybody else. The Saudis are upset because their profits have taken a big hit, but they are still making money right down to $5. Yes … five dollars per barrel (which I think is break-even for them).
The Coronavirus prevented a major financial crisis, but thats just another cohencidence!
Gold forecast 1oz - $87,500??? - silver is gold on steroids
The whole world is bankrupt(not just America) - let that sink in for a minute.
https://www.youtube.com/watch?v=RDZQoQ61RrY&featae=emb_rel_end
The money supply has been growing and compounding for the past 70 odd years - what that means is that it eventually goes exponential - we might be at that point now!
Think about what that means.
There are some people to whom I will always listen.
I am now old enough to spot the BS merchants, although like all humans I can be caught out.
Anton Kreil is for me a source of insight.
He seems to tell it like it is, and is not asking for anything in return.
This is a rather long clip, actually a recording of a lecture given in London.
I found it useful, and unfortunately the useful parts are scattered through the whole presentation.
I watched the whole thing during my most absorptive parts of the day, the parts when I am awake.
And presumably before you hit the whiskey?
I’m not sure abt Anton - used to watch him years ago but he never really hit any of my hot buttons. Will probly watch later anyway.
What image is that?
There is no instrument …
What have I been banging on abt for the past 3+ years?
Hope the usual suspects are doing well. I have had a quiet few months trading wise but back in the chair now. I think only going to trade one more year as things stand at the moment.
@Exodus Personally not convinced by Kreil ( beware he is a scouser too ! )
He pushes the Ex Goldman tag etc but I believe he was no great shakes there but they don’t like to talk about the duds they have had over the years, just move them on and say nothing. There is info out there about him. He’s a good salesman though.
Reasonable. After all there is the old adage. “Those who can, do. Those who can’t, teach.”
Waah … !
The Eurozone trade balance just printed at €1.2bn
That is down by 95% … or thereabouts