silver to hit new highs ..., page-2

Thanks for that Dub.

When I got through half that article, I thought "What a load of crap". Nearly wasn't going to read the rest. However, I did and realised that Steve St Angelo was negative of the CPM Report. What I find a waste of time are these type of reports that don't take into consideration the precarious position of fiat currency destroying the wealth of nations and the ramifications it has. At least Steve St Angelo puts into perspective. I agree that Oil is the big one and would impact on every area of our lives, especially food. However, we still don't really know how far away from Peak Oil or if we have already gone past it.

Just looking at the situation the markets are in and the continual forms of austerity measures (Confiscation) being put in place in Western Nations, even without market rigging, the ballooning derivatives market IRS, Peak Oil scenario, increasing debt ceilings, the one key element that central bankers and in particular the US Fed have very little control over and that is the dissension that is growing against the United States including it's own citizens. When Bonds start flooding back to the US, then the game is up. It will only take one derailment in any one of the above to cause an unstoppable avalanche of debt.

Therefore, I would say rather than reading the CPM Report, it maybe better needed as toilet paper when SHTF.

Cheers markco2