True, silver moves on black swan events, it isn’t a black swan in and of itself. Further, on the link I posted, most of those events are not really black swans.
The Japanese Earthquake would be a black swan. The markets just seemed to shrug that off. The endless printing is not really a black swan. Will the markets continue to shrug that off (or eat it up, as the case seems to be)?
posted on 04/23/2011 7:28:35 PM PDT
(NoBama! Because Commies Suck)
I don't think silver prices are any sort of anomaly. Coin collecting is an old way of saving. There is no loss, with silver due to deflation of the dollar, aka"inflation" as the socialists call it. Some will even argue they are two separate things. HA! For years most people had no reason to collect silver coins, in an quantity. Now, they have a reason.
“The Japanese Earthquake would be a black swan. The markets just seemed to shrug that off.”
Never underestimate the power of a Central Bank to print/lend/fabricate fiat money into an economy until the whole thing collapses.
posted on 04/23/2011 7:50:56 PM PDT
(I think I got it now!)
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