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HistoryStudent | 05-16-2007 10:53 AM
Like I said below on HAMMER BUY SOON gold or silver if you are in the market to catch the recent low. COMEX expiry is 5-25 - that should be around the low - AROUND! I expect it to bounce around $650 - give or take 10 bucks - and then resume its upward mobility until around $810 - and then have a minor correction. We might get lucky and hit the first $1,000 by Christmas and then next year a multible of that (2X, 3X, 4X....?) If you study the Kitco histories you'll see that things go haywire with real fast growth until the governments/banks step in to really kill gold/silver: They offer 24% interest on fiat They kill trading by stopping selling They default on contracts like platinum in the past and settle in fiat I write this to gel my Junior Senior SLOW mind FOR trading GLD & SLV.

HistoryStudent | 05-16-2007 12:46 PM
Re: Like I said below on HAMMER BUY SOON DANG ME I got something right! $661 as I post. Wow, it sure pays to chart - it does - mixed with usual suspects hammering - I now wonder if they are really going to scare us next week. :love: I'll buy next Thursday - Friday. 5 - 24 & 5 - 25 EXPIRY DAY ON COMEX :love:

HistoryStudent | 05-17-2007 10:11 AM
Re: Like I said below on HAMMER BUY SOON $654 this a.m. Might have to drop my estimate for next week. $630 low?

Fiat Mutiny | 05-17-2007 10:48 AM
Re: Like I said below on HAMMER BUY SOON Keep posting this type of info. Seems history is repeating itself. I didn't want your post to be ignored.

HistoryStudent | 05-17-2007 04:30 PM
Re: Like I said below on HAMMER BUY SOON Well, come next Thursday or Friday (which I expect to be the LOW) I will jump in and buy all kinds of things: GLD SLV Gold Bullion Silver Bullion PM Stocks PM Mutual Funds not to mention PM futures contracts And according to the GOLD-Eagle site gold usually starts off in JUNE to the new high around December! Buy LOW sell HIGHER

TheFinalWord | 05-18-2007 03:05 AM
Re: Like I said below on HAMMER BUY SOON I'm just getting into PM's and I was hoping someone could answer what is probably a stupid question. What does the talk about COMEX expiry mean?

Pragmatist | 05-18-2007 03:35 AM
Re: Like I said below on HAMMER BUY SOON Quote:
Originally Posted by TheFinalWord (Post 610851) I'm just getting into PM's and I was hoping someone could answer what is probably a stupid question. What does the talk about COMEX expiry mean?
Big players are shorting options. They are betting that the POS (price of silver) will go down to a certain level on or before the expiry date. They have the pull to manipulate the market by flooding the market with silver (real or imagined/paper) driving prices down to put their calls (bets) into the money. Do a search on Options or COMEX. ~Prag

HistoryStudent | 05-18-2007 10:33 AM
Re: Like I said below on HAMMER BUY SOON The low for the week so far has been $654 yesterday. I expect the traders/central bankers/& Powers that Be to really put effort on gold to go down next week. Okay, now take a look at the US$ it's going up a tad making more gold pressure down, too. Like when we were 10 year old kids we need a good spring going down on the diving board for a tremendous record breaking high dive. The diving board spring going down is gold right now; when it releases a week (about) from Monday I expect it might take a run UP like it historically does from June to December. :yes: But, even after that new high it will swan dive again. We are in a BULL market for gold and commodities - there is a WAVE of INFLATION coming that will scare the poop out of the Americans. No BODY will be expecting it! It will be from a flood of liquidity coming from some geopolitical event. Think LOST wars of VIETNAM/War on Poverty inflations (1973-1978) that the wise government "lost" by-the-way; only times 10! So we can do this again, too. Study the last biggie 1970 to 1980. We are like when gold was around $100-$150 back then. It went to $855 before the POWERS ran interest up to 25%. Now we have 4 to 5 times more US$s than in 1980! So do the math! It will not exactly repeat - but the damn thing will rhyme! :yes: Do your own research. See KITCO.COM for charts and such. Remember the paper market has actually has MILLIONS of times more paper representing the physical gold than the real stuff: so take delivery, hold it close and dear (no stinkin' safe deposit invasion box), keep it darn quiet, and sit tight. :yes:

HistoryStudent | 05-18-2007 10:48 AM
Re: Like I said below on HAMMER BUY SOON Quote:
Originally Posted by TheFinalWord (Post 610851) I'm just getting into PM's and I was hoping someone could answer what is probably a stupid question. What does the talk about COMEX expiry mean?
The COMEX is like the DOW for commodity folks - and the powers that be love to channel (not absolutely control but close) and manage markets that are followed. That's why the DOW companies have a government assisted buyer always in the wings. It's called the PLUNGE PROTECTION TEAM! If the Chinese dump their US$ a wave of inflation is coming that NOBODY will believe. They are being threatened by US Congress on a tariff bill that might do what Smoot-Hawley did in 1930. Do a GOOGLE search.

HistoryStudent | 05-18-2007 10:49 AM
Re: Like I said below on HAMMER BUY SOON Quote:
Originally Posted by TheFinalWord (Post 610851) I'm just getting into PM's and I was hoping someone could answer what is probably a stupid question. What does the talk about COMEX expiry mean?
The COMEX is like the DOW for commodity folks - and the powers that be love to channel (not absolutely control but close) and manage markets that are followed. That's why the DOW companies have a government assisted buyer always in the wings. It's called the PLUNGE PROTECTION TEAM! If the Chinese dump their US$ a wave of inflation is coming that NOBODY will believe. They are being threatened by US Congress on a tariff bill that might do what Smoot-Hawley did in 1930. Do a GOOGLE search. When you have the absolute power to print and be accepted at will: you absolutely screw it up.

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