Member Info for bonker99

Morning.

OK, a good night for us Silver/Gold bulls then and I'm anticipating a bull run for 18-36 months from right here.

Silver @ $15.63 as I type - it won't go up in a straight line of course but if Silver holds $15.50 into April 1st then I've got $20/$27 targets.

1400s/2k here on those Silver targets with a proper blow off at c3-5k down the line should Silver hit my longer-term target of $35.

Looks good enough to me - at this price.

Yes, big plays, big shout - it's well overdue but the time looks more than right to me now.

Not trading the PM plays at all mate - they haven't moved yet - probably a six month hold with me feet up while everyone else carps themselves in non inversely Dollar sensitive equities :)

Most of the rest is undervalued/big recovery O&G plays of course.

Laters.

QE4 will likely happen yes but the Dollar will be destroyed by it imo.

Commods cycle yes - check out indices vs commods long-term, commods are epicly low in comparison and due a proper boom - it all fits with a dying Dollar and big inflation.

Gold:Silver ratio >85:1 BTW - biggest Silver producer in the world is FRES ...

Nite :)

China not happening at all imo mate - it's just more panto like Brexit - they're never going to kow tow to the Yanks, they've been buying a f*ckton of gold though lol

Give it another five years and China GDP>USA GDP and they know it but it won't be just China's GDP, it'll be China+Russia+half of SE Asia+half of Africa GDP(s) >>>>> US GDP. Hell, maybe add Germany to that list too if the EU really goes tits - no wonder the Yanks are bribing Poland for a US "base" there ...

China's top boy in the EU right now as it happens IIRC.

Likely explains the latest US aggression into South America, that's their future growth plan imo - they've already bought Brazil - lots of oil, gold, silver and copper down that way of course - it's their "Africa".

70% mate.

It's stagflation (probably already in it) as the best case scenario or, if the personal debt dominoes start to tumble ala 1929, an actual depression. You've probably only gotta tweak the GDP down 3-5% for those dominoes to start tumbling again imo.

Re the VIX - write down the exact date and time you said that mate :) Look out for those US jobs numbers on April 5th and the Q1 GDP - I'm expecting <1%.

The Fed are still BSing about inflation - 3.n% unemployment and no inflation problems to deal with - yeah, right, how about the fact they haven't hit an inflation target in seven years if everything is so good, even ahead of an official GDP downturn?

People are so indebted now that the chunk of money they're earning whilst working one real job and another part-time service industry job is going to the banks to pay down debt rather than back into the economy to boost inflation.

If they weren't manipulating oil at $60+ this past year the deflation would already be stark imo and that would be the ballgame. Kill the Dollar some more (long-planned imo) and that'll keep the deflation away but it won't be driven by consumerism/genuine economic growth whilst everyone is carrying so much debt. Unfunded future liabilities now at $1m per person in the US ffs!

However it shakes out, I can only see inflation by the barrel load going forward but it will be artificially induced via the dying Dollar imo - hence the Gold/Silver moves.

Let's see where we are in a month's time - Basel3 kicks in next Friday - quelle surprise.

PS: Someone (probably Merrill Lynch - it usually is) dumped a billion Dollars of paper gold on the "market" mid-afternoon - Gold dropped all of $4 - I suspect they facilitated a billion Dollar buy of physical gold ahead of the Fed's minutes ...

Evening.

Well that certainly went the right way this evening (Silver/Gold) :)

Hard for me to see the, otherwise pointless, three month Brexit delay as anything other than taking the opportunity to scare voters with the possibility of us going down with a sinking EU ship - expect some woeful jobs/GDP numbers over the coming weeks imo - US/EU - BMW hammered today, Germany could already be in recession imo.

http://www.livecharts.co.uk/MarketCharts/silver.php

:D

http://www.livecharts.co.uk/MarketCharts/silver.php

:D

Better :)

Brent flying @ $68.3

Yeah, well, some "problems" just so happen to turn up at the right time ;)

I'm "hedged" via HOC of course.

Silver spike to $15.4 at the mo - more epic BS from the Fed tonight of course so expect volatility - about time something moved the VIX :)

Thanks for that 190p shake - added.

FWIW, currently my biggest holding.

Biggest Silver producer out there - if they're making a buck per oz with Silver @ $13s and Silver gets to $20 then that's an 8x of their current margin - a FCF juggernaught.

I'm doing alright so far ;)

Presumed first impulse to mid 40s if she's going to play nicely.

I wanted a 799p print - 798p open - see how she goes ...

Aye, funny old game - she's so low at/under £8 though that price hardly matters imo - been adding here for months now ...

£200k buy - blimey you don't half see some whoppers in here :)

Added a few more.