Showing posts with label soar. Show all posts
Showing posts with label soar. Show all posts
Thursday, August 11, 2016
Friday, April 3, 2015
Thursday, January 8, 2015
Monday, November 3, 2014
Sunday, November 2, 2014
Monday, February 17, 2014
Saturday, September 7, 2013
Friday, September 6, 2013
Wednesday, May 15, 2013
Wednesday, March 20, 2013
Monday, January 14, 2013
John Embry - Silver Will Soar Hundreds Of Dollars Higher
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/14_John_Embry_-_Silver_Will_Soar_Hundreds_Of_Dollars_Higher.html
“I don’t think the action in the gold and silver markets is reacting or based on reality. For both gold and silver, what inventories are available are rapidly being consumed. We are still seeing games being played in the paper market, but in the meantime those inventories are shrinking rapidly.
The day will come, an inflection point, when there isn’t enough physical metal left, and that is when prices are going to rise exponentially. Right now the fundamentals are incredibly supportive and the sentiment is extremely negative.
The day will come, an inflection point, when there isn’t enough physical metal left, and that is when prices are going to rise exponentially. Right now the fundamentals are incredibly supportive and the sentiment is extremely negative.
If we take a look at silver specifically, it’s an absolute layup for multiples of the current price. I find it funny that people worry about the short-term downside. We are talking about a buck or two, maybe, and we’re talking about hundreds of dollars on the upside.To me it’s just astounding, looking at the risk/reward ratio, why anybody is the least bit concerned about what’s going on short-term. Right now there is an obvious shortage of physical silver developing. I’ve seen nothing to dispute the fact that physical silver inventories are extremely tight.
Look at what’s going on in Japan. For years the Japanese have run up debt and they could get away with it because they had big savings, a trade surplus, and competitive industries. But now everything is falling apart for them.
Prime Minister Abe and his new Finance Minister Aso have been blatantly outspoken in saying that the only remedy for the debt is monetary debasement of historic proportions in order to drive the currency lower. Meanwhile, the rest of the world is doing the same thing. To me this is just additional fuel to supercharge the precious metals higher, and in this case it’s overpoweringly strong because it will mean the Japanese will be moving into gold in a very big way.Egon von Greyerz has stated there may be as much as $200 trillion worth of debt in the world. Superimposed on that is a derivatives pile that if correctly accounted for would be well over $1 quadrillion of notional value. When you think about that, it can’t possibly be repaid or even serviced as we go forward. So the only option is to print more money in order to give the impression the financial system is holding together.
The reality is we will continue to see ‘QE to infinity’ as Sinclair said. I mean we seemed to see a great relief after the fiscal cliff was postponed. They kicked the can down the road a month and a half, and it just shows how desperate people are for supposedly good news.That wasn’t good news at all. It basically solved nothing, and yet it was greeted with an enormous amount of relief. It’s ridiculous.
As a Westerner, it really depresses me to think that all of our gold is headed East, and our standard of living is headed South."
Labels:
John Embry,
silver,
soar
Tuesday, December 18, 2012
Gun Sales Soar In Aftermath Of Newtown Killings
This is an example of unintended consequences by gun restriction advocates: more gun purchases.
http://www.zerohedge.com/news/2012-12-18/gun-sales-soar-aftermath-newtown-killingshttp://www.zerohedge.com/news/2012-12-18/gun-sales-soar-aftermath-newtown-killings
http://www.zerohedge.com/news/2012-12-18/gun-sales-soar-aftermath-newtown-killingshttp://www.zerohedge.com/news/2012-12-18/gun-sales-soar-aftermath-newtown-killings
Labels:
aftermath,
gun sales,
Newtown killings,
soar
Tuesday, November 27, 2012
Leeb - Gold, Silver & Natural Gas Are Going To Soar
Like Leeb, I'm bullish on fracking natural gas also. But extraction output and life cycles of fracking drills will be proven to be far too much optimistic due to high depletion rates--at current natural gas prices. Which means capital expenditures will soar to continue current production rates. Higher natural gas prices will be needed to make fracking economic.
As for prices of gold and silver, readers should already know where we stand on that.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/27_Leeb_-_Gold%2C_Silver_%26_Natural_Gas_Are_Going_To_Soar.html
As for prices of gold and silver, readers should already know where we stand on that.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/27_Leeb_-_Gold%2C_Silver_%26_Natural_Gas_Are_Going_To_Soar.html
Monday, September 17, 2012
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