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WHY SILVER IS GOING DOWN AND WILL CONTINUE FOR A WHILE....
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 7571588:MV8xNDc2ODU0XzI4NzQwNTA0X0JEM0QxRTI1] [quote:Anonymous Coward 7555010:MV8xNDc2ODU0XzI4NzM0NjIxX0MwNjU3RDM2] Wondering if this is close to the bottom???? [/quote] 30 is close; 20 is close; 10 is close; 40 is close. The top is at least 300 and may be a LOT higher. [/quote]
Original Message
This down trend in silver was expected and lucky for some people who were looking to get into physical metal. The PTB have run out of options or have very few left (maybe one or two). So they continue to raise margins on silver to drive the long positions out of the market and make it to expensive for small traders to get in. Pretty simple and diabolical plot but it is only temporary and only those who hold paper (as youve been told 1000 times not to) are gettin hurt. Do you papertards get it now? The low target is around 31 dollars at which point margins will be so high and papertards confidence so shattered that no onje will dare get into long futures contracts giving the PTB the opportunity to cover theyre naked short positions on the cheap. Then with the longs all cleaned out they have done all they can to suppress the price and cover theyre shorts it is to the moon for silver. For the physical holders that is as long as you can still find silver. This is an obvoius move by them and is easy to see and makes complete sense. You have to know your enemy and think like them if your ever going to win. Physical silver holders will be rewarded beyond theyre dreams while the paper silvertards will be broken like a 2 dollar chinese toy... I highly reccomend getting the real deal while you can at bargain prices.
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