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iShares Silver Trust Message Board

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  • cmegladon cmegladon Jan 5, 2011 3:00 PM Flag

    Those of you who blame "banksters" need

    Of course there is shorting. Just as there is with ALL other equities. But that's the market.
    Just as JPM bought 90% of all the Copper LONG on the LME they can buy long or short and play all they want.
    A proxy for the Fed?????
    Now you're grasping.
    Just remember, silver has gone from under $4 to $30 quickly.
    And there'll be bumps and dips but JPM is NOT a problem. And regarding the Fed. YOU should THANK them all the way to your vault. If not for their spending, Silver wouldn't we this high.
    GL to you.

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    • it took ten years to go from 4 to 30, that's not quickly.

      And no I won't thank the Fed for having their buddies knock silver down so we could have an artificially strong dollar for a little while, so we could afford big fiat party we couldn't afford.

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