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Old 02-14-2011, 05:28 PM   #77
loborugger
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Join Date: Jan 2003
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Quote:
Originally Posted by Meck77 View Post
Should be interesting when congress votes to raise the debt ceiling in April. The stock market is artificially being pushed up by the institutional buyers. Gold has had a nice little pull back. Time to get in if you can.....

http://www.nytimes.com/2011/02/12/us...html?src=twrhp

AK are you still shorting gold or silver?

14 trilliion, 15, trillion, 20 trillion in debt? It's not going to work folks.....
I have been reading articles that in attempts to manipulate the market and keep silver artificially low, JP Morgan has over the years shorted more silver than exists on the planet. Historically, silver has been at a value of 1/16th that of gold. However, now, its about 1/48th the value of gold. Silver has some real upside right now, in spite of the fact that many want the value of precious metals to go away.
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