Thursday, May 26, 2011

The Patriot Act is Unpatriotic

Bob Chapman - American Freedom Radio - 05-26-2011
Bob Chapman : those who are for the extension of the Patriot Act should be tried for treason , the politicians are all tied up with the electoral contributions money ...America will end up with a revolution ...if they continue doing what they are doing revolution is inevitable ...

Dave Hightower $50 Silver - CNBC 5/25/2011

Dave Hightower $50 Silver - CNBC 5/25/2011 , Dr Stephen Leeb made a statement on King World News that Silver should now be $150. I hope he is right because to think the "Negative Nancy's" on this video are way off.




Dave Hightower : will it be industrial use or speculation? well, i think that's part of the equation because you also have flight to quality. mixed into that. that seems to be a more pronounced influence than it was at the beginning of the year. not only do we have u.s. debt problems, but the e.u. problems are being resurrected again. but, you know, the fundamentals behind this market have really never went away, despite the heartbreak we saw in the month of may. the fundamentals never went away. but at the same time, what gets you to the valuation of, say, $50? because back when it was approaching $50, dave, you know, a lot of people were saying that the incremental demand came from speculat speculators, came from the demand.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

CNBC FastMoney - Silver Up 3% - 5/25/2011

The Fast Money traders break down the major business news of the day, including oil and silver's rise.



it's kind of interesting that visa people have some confidence in, yet the overall market, they continue to hedge themselves because they're not trusting the s&p. i think is that's the toughest part right now. we're trying to figure out which way is the break out because it does feel like one is coming right now. we do want to address the silver trade today, because it was a very volatile one. it was up by more than 3% on the slv, the etf that tracks the physical commodity. and after the very volatile trade that we' seen over the past four week, is it a surprise we're seeing silver climb back up here? we have david hightower, he said $50 by year's end. once again, $50 by year's end. brian talked about it last night. silver has been funny. if you go back and look since may 5, the silver market never really traded lower than that. i do believe it's going to catch people off-guard on the move to 50. i think again, i think silver has sufficiently scared enough people awra where now the time is to be long the silver market. it just feels like it's got another leg to it. do we need to see the same amount of speculation return in order to approach $50, though, an ounce? no, absolutely not. and i think the absence of that speculation will be one of the reasons why the prices -- i think a lot of people look at the initial stages of may and they're somewhat fearful of being in the silver trade. as silver proves itself again in terms of price later is this year, gets above 40, gets above 45, you're going to have people who were shaken out that are going to have to chase silver at much higher price levels. i get the sense that silver was a ma raj raleily for a lot people. silver was going bananas when the real metals were already starting to hit the skids. to me, i feel like silvl have probably seen its high for the year. if anything, i still like gold versus silver. if you look at that ratio, and we said it yesterday,
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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