silver's use barometric despite hype
1. SilverDoctors, in the article below from The Market Oracle and reported on maxkeiser.com, says silver's appeal is strictly psychological, mostly due to repetitious ads, But ads that make sense (nice change) and I quote from the article:
"Why did this happen? How did a commodity become the Amazing Corrupt Killer? Because more than numbers, the market is run by psychology. Our unstable economic situation has massive amounts of people in fear, searching for an alternative. Why is silver so special, you ask? Why silver over other alternatives?
I could go into the 100+ reasons, but the silver gurus have already done that. What is the true reason? Because of free advertisement. As an avid silver advocate, I thrive off of this message, and messages just like this, which range in the hundreds of thousands.
Silver has become a meme culminating into a collaborated effort to reclaim our financial sanity and take America back one ounce at a time. If you are long silver, heed the opportunity to flood the ignorant masses with scary visuals of an economic collapse, then present them with an alternative to benefit us all. Unlike most advertisements, you won't be lying, or even exaggerating (too much.)
If silver were a corporation, the amount of free adverts it receives in the underground communities is unbelievable. Remember kids, perception is reality. Accumulate on dips and viralize messages just like this. Now, get out there and cut out the fiat competition!"
2. the maxkeiser.com entry is:
“Richard Daughty, James Turk, and Max Keiser are the biggest bulls with forecasts that range from $200, up to $500 an ounce.”
Posted on June 3, 2011 by maxkeiser
Will the Masses Soon Be Promoting Silver?
http://www.marketoracle.co.uk/Article28457.html
3. ALL I WOULD ADD IS THAT, WHEN ITS PRICE IS NOT DOWNPLAYED AND NOT MANIPULATED, SILVER'S AND GOLD'S USE FOR OVER 5,000 YEARS, BESIDES AS MONEY, IS AS A PUBLICIZED BAROMETER TO TELL SOCIETY THROUGH THE MARKETPLACE THAT TOO MUCH OR TOO LITTLE CURRENCY IS IN CIRCULATION. TOO LITTLE, AND NOT MUCH HAPPENS IN THE ECONOMY. TOO MUCH, AND TOO MUCH HAPPENS, LEADING TO EXTREME INCOME GAPS AND MONETARY, TRADE AND MILITARY WARS.
http://buygoldansilverlong.blogspot.com/2011/06/silvers-use-barometric-despite-hype.html
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