tag:blogger.com,1999:blog-19966255.post2001982662604206781..comments2023-08-23T00:08:03.609+10:00Comments on News Kontent: Silver News abounds....kevinhttp://www.blogger.com/profile/05331047626419936198noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19966255.post-67657942644380036952009-10-10T06:11:21.327+11:002009-10-10T06:11:21.327+11:00>wouldn´t sell my physical holdings
>for an...>wouldn´t sell my physical holdings <br />>for anything less than a hectare >of arable land, <br /><br />Agreed, exchanging real assets for fiat is a mug's game at best when all indicators are that one will not be able to predict the purchasing power of fiat past the short to medium term.<br /><br />>but I have to be contrarian <br />>here, stories like this are an >indicator that the metals are >going to top out short-term, <br /><br />Not necessarily. Some metal speculators need these regular 'cheerleader' articles in order to keep their resolve toward holding real assets until the current monetary situation is resolved one way or the other. <br /><br />OTOH, fluctuations in real assets can be an opportunity to increase one's position if so inclined.<br /><br /><br />>and silver´s relative weakness >compare to gold combined with <br />>the robust and growing contango <br />>suggest that the PMs are just the >headiest part of a reflation >trade that is about to run out <br />>of gas.<br /><br /><br />Until the silver stockpile is exhausted, there is no indication of the true value of silver. Gold unfortunately will never really change due to the above ground supply of gold increasing each year.<br /><br />When silver goes into JIT delivery mode due to there being no large stocks to distort the price, then I think silver will show it is the better value.<br /><br />I have to be prepared to hold silver 17 years in order to see this situation pass but I can't see any other outcome for silver.<br /><br />Reflation trade, weakness, contango - all for the day to day<br />traders. The accumulators see it differently and as such are not likely as concerned about these factors as you are.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19966255.post-46224907767437788612009-10-09T02:48:11.887+11:002009-10-09T02:48:11.887+11:00I´m currently long gold and silver because of tech...I´m currently long gold and silver because of technical reasons and wouldn´t sell my physical holdings for anything less than a hectare of arable land, but I have to be contrarian here, stories like this are an indicator that the metals are going to top out short-term, and silver´s relative weakness compare to gold combined with the robust and growing contango suggest that the PMs are just the headiest part of a reflation trade that is about to run out of gas.Patrickhttps://www.blogger.com/profile/13614962832390315553noreply@blogger.com