bgold, you must be joking. Of course stops got triggered but
first you have to move silver down to a level where those stops
are. And this definately was a concerted action of the bankster. I
suppose that the risk of buying panic in silver (after it broke
downtrendline) and gold (just shy of resistance 1800) was much too
high on a day Bernanke speaks. This could have resulted in a very
big move up!!!! Because you don't know the reaction of the market
on a Fed day, they decided to act and force silver and gold
down.
It will be intersting to see how this will go on, I liked Matt's
version of an a-b-c- down for a wave 2.
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bgold, you must be joking.
How they crushed silver yesterday
Posted by zwyss on 1st of Mar 2012 at 08:29 am
bgold, you must be joking. Of course stops got triggered but first you have to move silver down to a level where those stops are. And this definately was a concerted action of the bankster. I suppose that the risk of buying panic in silver (after it broke downtrendline) and gold (just shy of resistance 1800) was much too high on a day Bernanke speaks. This could have resulted in a very big move up!!!! Because you don't know the reaction of the market on a Fed day, they decided to act and force silver and gold down.
It will be intersting to see how this will go on, I liked Matt's version of an a-b-c- down for a wave 2.