Bullish comments by a very Conservative Person
 

http://www.goldsilverbullion.com/Bul...etInsights.htm

Scroll way down to bottom to Jan 5 th comments written in yellow letters with a black background and read 1 page for a very possible bullish silver senario

Re: Bullish comments by a very Conservative Person
 

I grabbed it ....




NEWS FROM THE FRONT, MONDAY, JANUARY 5TH, 2004

I had a lengthy conversation with one of my primary silver refiners today, and he was extremely bullish on silver prices. Prior to this position, as an industry insider, he had been somewhat reserved in his forecasts, partially due to the decades of price suppression and its deleterious effects on the silver refining industry. HOWEVER, his target over the next several months, not years, is $10 to $11 per ounce for the silvery metal. He bases his forecast on a very large futures position, ON THE LONG SIDE, that is maturing in March, 2004, that will demand PHYSICAL DELIVERY OF SILVER IN THE MILLIONS OF OUNCE PRIOR TO EXPIRATION. This should stop the pacemakers of Comex and CTFC policy wonks who have been protecting the manipulative interests of the massive silver short positions for years now. They may try to change the rules as they have done in the past to avoid a liquidity meltdown, but their actions will precipitate a political firestorm this time around should they dare do so.

There is every indication that the player being mentioned is just plain fed up with the lack of a free market in silver bullion, up to this point, and is using his substantial financial and political muscle to send a very clear message to all involved (I think he is a Democrat so his sword is double-edged). Either asset markets are overseen by government entities for the benefit of all parties (the small player actually pays more per ounce to play!), or the lack of freely operating exchanges needs to come clearly into public view in this soon-to-be-heated election year, 2004. Now I have no way of confirming these insider observations/ prognostications, but I want to reaffirm my own bullish outlook on this poor sister of gold, S-I-L-V-E-R.

Over long periods of time, hundreds of years, gold has traded at a multiple of 16 times the price per ounce of silver. It is not coincidental that this ratio was maintained almost perfectly in 1980 when gold hit $800 per ounce and silver hit $50 per ounce. This relationship suggests that silver MIGHT be fairly valued today at $26.50 per ounce. Using the post-WWII ratio of 32 to 1, we Silver Bulls could reasonably put a $13.25 fair market value on silver. ANY WAY YOU CUT IT, SILVER IS A SCREAMING BUY TODAY AND THE VERY SMART MONEY IS ACTING ON THIS FACT IN A BIG WAY, AS WE SPEAK.

When the elephants dance, the mice can get tramped. But if the mice ride the back of the right elephant, they can reach a financial height equal to the baddest beast in the jungle.

DON'T LOOK FOR BIG PULLBACKS IN SILVER TO TAKE NEW POSITIONS OR ADD TO EXISTING. When we start having limit up days on the Comex, it becomes increasingly difficult to pull the trigger on a purchase. When silver goes to $10.50 per ounce, what do you care if you bought it at $6.25, $6.50 or $7.00 per ounce. View the forest through the trees, fellow mice.

D.W. Young, of sound mind, ready for dinner. I think we are having cheese.

Re: Bullish comments by a very Conservative Person
 

If I were computer literate I would have done that but G-Kan had the patience to show me how to cut and paste and that is all this dumb-shit knows how to do -------------- Thanks for putting it into better words and easier to read

Re: Bullish comments by a very Conservative Person
 

That is what Halophyte did was copied and pasted it into our site... Just hold down your mouse left button and drag it over the words you want to copy. Then go to edit after they are highlighted and choose copy... Then come to our website and make a new thread and go to edit to past - oh make sure your cursor is in the edit box - where ever your cursor is is where the paste starts.... Play with it a bit and you can learn it - if you have a problem I can call and help you along.... This is something worth learning and is very simole after you have done it one time...

Re: Bullish comments by a very Conservative Person
 

Khan, I would be interested in learning some of these computer basics as well. If you are interested in making up some kind of how to sheet, I would be willing to send you some of your favorite metal for your trouble. Maybe some common computer problems, with basic, or quick fixes, if possible. Think about it. After having a computer for 5+ plus years now, my abilities are still fairly limited. Should take a class I guess.