2012 Silver and Gold CRASH
December 14th 2011
- I wrote an investment piece back in mid 2011 on how to invest in silver and how to avoid the downfall ahead of
time. Many of my customers listened to our advise and avoided a 25% loss. RareSterling is all about helping customers
and people avoid trends and invest like a pro. Years of Stock market investing has given us the tools to assist you and
protect you from the downside. We have been short silver since $38 and have been advising our friends to build in downside
protection in the market and stay away from common silver due to the lack of consumer demand. The ability of the
general public to have enough capital to overpower and stabilize the market when wall street and banks
dump supply onto the market after this record run in metals is just not there.
- Back In October
of 2010 silver was ranged $18-$22 and had reached an unsustainable level around the $42.00 mark for a short
period of time before the CME raised margin requirement which triggered wall street to dump pushing it to below $30.
Since then it has traded in the range of $28-$34 and now it is under $30 again today. Resistance
levels of $42, $38, $34, and $32 look miles away and for good reason, silver was $4.00 years ago. We are watching
the beginning of the end IMHO in gold and silver as I write this piece. Anyone who is waiting for a bounce, well join
the housing market bulls and many other bull markets which have fallen over the last 30 years and never recovered. Will
it go up $1-$2 sure that's possible to see but the upward long term trend is broken. With over 12 years of stock
market experience, I keeping up with market reaction, overall economy conditions in the USA and around the
globe which is key to investing in any market. We can now include a possible global recession or global slowing into
the cards with the issues in Europe and slowing in Asia. So be prepared for silver $18 again and gold $1,100
you think it's too late to sell just because it's not at the all time high then prepare yourself think the same thing
when silver hits the $24 - $15 marks, (50% loss from here) over the next couple of years. As the global economy sits
on rocky ground, more skeptics will surface and viral bears will show up causing the same downward effect in gold and silver
that we saw in housing. You can bet that wall street will find the next best thing and be done with it. The silver
and gold market will dry up as consumers get stuck missing the biggest gain in 30 years. Be smart and think like the street.
Gold and scrap shops will close business as competition will get tight. The waiting period for shops who can't melt your
silver and gold for 15-30 days will have to build in downside protection in the volatile market and offer you much less.
The laws are getting stricter come Jan 31st for those guys. I have not even started talking about the financial
impact of any default or slowing in Europe and the fallout from our own banking system from overseas bank investments, tight
credit and lower interest rates. Also note that the market is flat for the year and most 401k plans fail to save
the consumer in a economy with no growth as the housing market sits ready for another 15% decline for 2012
- RareSterling.com will offer you top
dollar for your silver.
- Building history for the next generation.
- Don't scrap your history, we can find
a new home for your silver.