Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

OzSILV
Member since February 2013
9 commentaries -

0 followers

has posted a comment on the article :

Deutsche Fuels Silver, Report 2 October, 2016 - Keith Weiner - Monetary Metals

Keith Weiner ALWAYS seems to be very Bearish on Silver
`silver is a lousy bet at this price with these fundamentals. Buying silver right now—at least if you’re buying it on speculation of a price gain—is almost the textbook definition of a Ponzi scheme. Previous buyers will only get their capital out if new buyers come along and bid up the price even more'

given that `Money Metals ' is a `Gold company' this is NOT surprising
none of the other well known commentators see Silver as having poor fundementals

Commented 2767 days ago

Send

Beginning of the headline :Last week, it was the Fed’s magic boosting up the price of silver. This week, the slow slide in the silver price resumed, going all week except during peak fear about the woes of Deutsche Bank. When it looked bleakest—and the potential size of the capital-eating fines was highest—there was a wicked little rally in the metals, spiking silver up from below $19.10 to $19.70 in a few hours. However, the price reversed just as fast, on news of a settlement with the US Department of Justice. Folks, wh... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis