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Author Topic: I hear its a good future for Silver!  (Read 1226 times)
Trance (OP)
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December 21, 2013, 08:22:38 AM
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Due to what JP Morgan have done recently, its just a theory, but if true, silver would be driven to record highs as a tier 1 value!

I have seen a lot of correlation between Gold and BTC and USD and also Silver being compared to LTC!

Would love to hear what everyone has to say about this. Thanks!

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December 21, 2013, 10:40:32 AM
 #2

Due to what JP Morgan have done recently, its just a theory, but if true, silver would be driven to record highs as a tier 1 value!

I have seen a lot of correlation between Gold and BTC and USD and also Silver being compared to LTC!

Would love to hear what everyone has to say about this. Thanks!

Silver had already been to record highs at somewhat below $50 an ounce in late April 2011. And where is it now? Desperately struggling below $20 (with its friend gold at around $1200 per ounce)...

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December 21, 2013, 10:55:06 AM
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In this case when "X" decreases "Y" is also affected ,indeed, this is probably the effect size for the correlation between BTC and LTC.
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December 21, 2013, 03:00:19 PM
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The 2000's called and they want their trade back.
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December 21, 2013, 06:51:12 PM
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Due to what JP Morgan have done recently, its just a theory, but if true, silver would be driven to record highs as a tier 1 value!
I have seen a lot of correlation between Gold and BTC and USD and also Silver being compared to LTC!

The JP Morgan conspiracy theory is old and obviously not true. if it were true, then JP Morgan would have failed in the silver bubble run-up, unless you accept the theory that their survival was yet another conspiracy.

There is no correlation between BTC and LTC prices and gold and silver prices.

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December 22, 2013, 03:07:47 AM
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Silver is dying a death. Avoid at all costs. JP Morgan must have got left holding a lot of silver, ha ha ha
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