When Will Silver Beam Back Up Again?

Actually, Traevin, the jobs data has been quite poor for sometime. Politicians in the Fed and the gov have been trying to spin this as if it was improving... and it isn't. In fact, it is almost double the "official" number, so when even the cooked numbers rise a bit it is terribly embarrassing for those who have a lot at stake in the political realm. It's quite a pie in the face when their much ballyhooed policies are not working, no matter how much spin is applied.

As to the price of silver, it is bumping along a bottom now and WILL rise when the Fed gooses the printing presses again. This will occur sooner rather than later.

Thanks, Schnauzer. Appreciate the kudos.

Buying and owning silver is one of those things that people do either to flip it for a quick profit or to hold it for the long-term, just in case. For me, it is both insurance against a SHTF event of some kind and a hedge against inflation. When I look at the people running the financial systems of the world I can't help but think that they are shoveling coal into the boilers as fast as they can but no one is looking down the tracks to see what curves and obstacles might be there! At some point, there WILL be a nasty surprise for them and for us as well. Silver and gold are real money and have been for thousands of years. Paper money? Not so much. Paper money does not have a great long-term record. At some point it always gets over-printed, devalued, and eventually ends up being worthless. I just wish I had a few of those $100 trillion Zimbabwe notes that were printed up a few years ago. That is exactly what happens to over-printed fiat currency and those notes are a prime example of it.