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Silver is gonna move

 
Renegade (Me too)

User ID: 20149207
Mexico
07/29/2012 11:25 AM

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Silver is gonna move
Today King World News is reporting on an absolutely stunning development, this time in the silver market. Acclaimed commodity trader Dan Norcini told KWN that in the silver market, “... the hedge fund outright short position is the largest position that I’ve got on my records going back to the beginning of 2007. We’re talking about a five and a half year period.”

Norcini also noted there would be a huge move in silver, “if they (hedge funds shorts) get caught on the wrong side of that market ... because all of those shorts are going to head to the exits at the same time.”

[link to kingworldnews.com]
Who is John Galt?
2112

User ID: 19161368
United States
07/29/2012 11:27 AM
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Re: Silver is gonna move
bsflag

KWN? Thats almost as bad as citing GLP as a source.
Renegade (Me too) (OP)

User ID: 20149207
Mexico
07/29/2012 11:33 AM

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Re: Silver is gonna move
bsflag

KWN? Thats almost as bad as citing GLP as a source.
 Quoting: 2112


Really? I don't really know. So you think silver is going to stay at 27?
Who is John Galt?
Anonymous Coward
User ID: 13974494
United States
07/29/2012 11:39 AM
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Re: Silver is gonna move
SO? Silver always moved up and down just like stocks... whatever peace
Therion156
User ID: 1598789
United States
07/29/2012 11:40 AM
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Re: Silver is gonna move
If FED FOMC even barely implies the possibility of QE3, the SHORTS will be caught dead ass naked....do these short fools really believe Obama, the US Ttreasury & Fed will allow a collapse this close to the election cycle? They deserve to get skinned...
wisc_natureboy

User ID: 20825265
United States
07/29/2012 11:47 AM

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Re: Silver is gonna move
Today King World News is reporting on an absolutely stunning development, this time in the silver market. Acclaimed commodity trader Dan Norcini told KWN that in the silver market, “... the hedge fund outright short position is the largest position that I’ve got on my records going back to the beginning of 2007. We’re talking about a five and a half year period.”

Norcini also noted there would be a huge move in silver, “if they (hedge funds shorts) get caught on the wrong side of that market ... because all of those shorts are going to head to the exits at the same time.”

[link to kingworldnews.com]
 Quoting: Renegade (Me too)


So, is that why you are in Mexico?
Loading up the truck with silver?
.
-
.

We all breathe the same air.
.-.. --- ...- . / .- .-.. .-..
(love/all)
Renegade (Me too) (OP)

User ID: 20149207
Mexico
07/29/2012 12:19 PM

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Re: Silver is gonna move
Today King World News is reporting on an absolutely stunning development, this time in the silver market. Acclaimed commodity trader Dan Norcini told KWN that in the silver market, “... the hedge fund outright short position is the largest position that I’ve got on my records going back to the beginning of 2007. We’re talking about a five and a half year period.”

Norcini also noted there would be a huge move in silver, “if they (hedge funds shorts) get caught on the wrong side of that market ... because all of those shorts are going to head to the exits at the same time.”

[link to kingworldnews.com]
 Quoting: Renegade (Me too)


So, is that why you are in Mexico?
Loading up the truck with silver?
 Quoting: wisc_natureboy


Definitely buying silver jewelry. I am house sitting in Ajijic. I love it here. Going back Wednesday, will start process of selling my worthless house.

Things are simpler here. The US has gotten much too complicated and corrupt.
Who is John Galt?
Renegade (Me too) (OP)

User ID: 20149207
Mexico
07/29/2012 12:19 PM

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Re: Silver is gonna move
If FED FOMC even barely implies the possibility of QE3, the SHORTS will be caught dead ass naked....do these short fools really believe Obama, the US Ttreasury & Fed will allow a collapse this close to the election cycle? They deserve to get skinned...
 Quoting: Therion156 1598789


Wasn't it rumored QE3 was going to be announced this week?
Who is John Galt?
Punk-A$$ets

User ID: 7861114
United States
07/29/2012 02:57 PM

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Re: Silver is gonna move
I'm all in, gold and silver. In fact, still buying the trend line smash downs if I have the cash:

[link to 3.bp.blogspot.com]
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Anonymous Coward
User ID: 20822562
United Kingdom
07/29/2012 02:59 PM
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Re: Silver is gonna move
I'm all in, gold and silver. In fact, still buying the trend line smash downs if I have the cash:

[link to 3.bp.blogspot.com]
 Quoting: Punk-A$$ets


Strap it on, PA!

scream

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