Silver about to pass $40/oz!

[the.gladiator1987]

Have fun joker! Ill keep bumping this thread

 

[stevesmi]

hell yea ive used them, they are one of the biggest PM dealers in the world, by the way did you watch Bernake? I have never seen anyone that nervous, plus he flat out said there will be more printing, silver is up 5% since he opened his mouth lol....the dollar is diving as well

of course i watched it.. i watch cnbc from market open to close.. we've got cnbc and bloomberg on the tv.

anyway i think bernanke has done a great job as chairman so far.. i mean its not like he is the one who gets to decide, its a vote.. and he gets 1 vote just like anyone. i thought greenspans regime made 2 errors towards the end of his tenure. not tightening fast enough and causing the housing bubble.. and then not easing fast enough causing a huge blowup.. had he tightened and a mortgage was say 8 or 9% instead of 4 or 5% then the housing boom would of not been so crazy. on the flipside had he eased sooner, he could of sped up the bust and recovery.

Bernanke is actually very well respected in the financial community. as is Geithner.

not sure why you have it in for the guy. he is one of the few right things GW Bush did picking him.

people think the fed chairman's job is to make the stock market go up, or make the economy recover etc. ITS NOT. their job is to make sure there isn't any liquidity problems, to regulate the industry (like if a bank is struggling pull their dividend), and maybe most importantly to services to depository institutions. when you do a large wire it actually goes through the fed, to people really think their local bank branch has that kind of money available?

so the federal reserve is very important.