MY data feeds shows JPM selling some of their short positions in
December. I'm not going long silver again until
it breaks all time highs. I hate to say
it... but I do hesitate at these levels to bet against a member
gangster bank.
Yep don't be surprised if suddenly the "rules" change! I
remember several years ago the Boyz removed all bids in the market
and induced a huge take down on the price of silver. Obvious
collusion and not a thing was done about it.
Tick TOCK.. The chart on Friday didn't exactly give me the
warm and fuzzies if I was long. It all depends on your
time frame and your risk tolerance.. (risk
tolerance) code word for how much loses you can take before
you up chuck.. LOL
I ain't selling! (we need
Well this is pretty interesting re:Silver
Posted by jtverr on 1st of May 2011 at 05:20 pm
I ain't selling!
(we need a silver-based smiley
face.)
JPM
Posted by zach06 on 1st of May 2011 at 05:23 pm
MY data feeds shows JPM selling some of their short positions in December. I'm not going long silver again until it breaks all time highs. I hate to say it... but I do hesitate at these levels to bet against a member gangster bank.
Yep don't be surprised if
Posted by john9o9 on 1st of May 2011 at 05:45 pm
Yep don't be surprised if suddenly the "rules" change! I remember several years ago the Boyz removed all bids in the market and induced a huge take down on the price of silver. Obvious collusion and not a thing was done about it.
Hi HO SILVER...
Posted by zach06 on 1st of May 2011 at 05:49 pm
Tick TOCK.. The chart on Friday didn't exactly give me the warm and fuzzies if I was long. It all depends on your time frame and your risk tolerance.. (risk tolerance) code word for how much loses you can take before you up chuck.. LOL
hmm... Did you up chuck on that silver yet????
Posted by zach06 on 1st of May 2011 at 07:21 pm
silver down 60 cents overnight 48.00
Posted by zach06 on 1st of May 2011 at 06:03 pm
Silver / Gold
Posted by rbreese on 1st of May 2011 at 06:41 pm
Like a Rock Silver . Check update on Kitco now.
silver down about $5.50
Posted by 8899 on 1st of May 2011 at 07:04 pm
when a market corrects, it always goes down faster than it came up...fear is greater than greed i guess...
Gold:$silver is at 32, the
Posted by coold on 1st of May 2011 at 07:09 pm
Gold:$silver is at 32, the normal is at 50-60 which leaves a lot of room for Silver correction here
The largest single day drop
Posted by coold on 1st of May 2011 at 07:19 pm
The largest single day drop by % was 15%. If today follows the same we will end around 41