Silver Wheaton Corp. Message Board
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Shorties in SLW will be bleeding when silver breaks out
Next week is going to be interesting. Once silver gets above $32.30-32.50 we may see a squeeze.
I bet I can't get this posted.-
Yea cant get it posted because Yahoo is part of a big silver conspiracy to prevent postings... DOLT!
- 1 Reply to meborpaa
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I have been blocked 19 on 20 attempts during the last year. And getting malware at each time I was on Yahoo.
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i never bleed, i do experience chaffing from time to time:0
really tough to trade right now. silver is just jumping all over the place. It reminds of what happens just before a breakout in an equity but this is a futures contract..
one day 10K in contracts covered/gone long, next day its dumped. 10,000 x 5000ozs x $31.94=$1.6 billion in leverage commodity.
today 8K in contracts covered/gone long($1.3 billion) at the jobs report, then same day, about 5K forced out. This is crazy. although it represents $1.3 billion in paper silver, $135 million in margin money is required to move that $1.3 billion around. between now and 4pm there is some potential for fireworks.
if silver can hit 32.597 bulls take firm control, besides that, maybe it just continues to consolidate for another 3 days- 1 Reply to chemaes44
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"silver is just jumping all over the place. It reminds of what happens just before a breakout"
I just said the same to a friend of mine today concerning silver. This is not normal volatility.
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I am accumulating physical silvers currently. I strongly believe that this is good buy point for both physical silver and SLW.
Sentiment: Strong Buy
- 1 Reply to furuhashiken
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It almost seems that we can post again without any hedgefund malware blocking us. Are they ready accumulating?
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