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iShares Silver Trust Message Board

  • jupiterspinning jupiterspinning Oct 14, 2012 3:40 PM Flag

    Rosey Red Monday coming


    Bottom was in May and the downtrend was recently broken. Bernanke rushed his QE3 announcement right at a temporary peak for silver so as not to spark an uncontrollable rally. While I do expect silver to drop some more, it is dropping at a snails pace because strong buying is still going on. It may not even drop that far because stocks already are near its oversold condition and may spark all markets to rally.

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