$29 for sure soon
shorters MUST cover and need a cheaper SILVER
+tax sell and red markets for end of year
Sentiment: Strong Sell
Hope you are right. I am all ready for the drop if it comes.... I did Buy some silver yesterday but held back just for this line of thinking.... What ever we drop to won't last long... My thoughts are we will see First or second week in Jan a Big spike of people getting back in again. Real Silver isn't selling anything.. And I am sure if the price goes lower we will see some serious buying of real silver again....
good point.
I held off too. Last purchase was at 27.00 about a month ago. When they take it down again, I will be buying another 20 maples.
Sentiment: Buy
Physical is being seriously on all dips. With the announcements of $85B a month and the fed expanding its balance sheet to $5 T in the next 2 years how can anyone not buy these dips?
you might be correct but it is clear that JPMorgan and the federal reserve are going down in flames. The federal reserve now has 4,000,000,000,000 in treasury notes. Congress has pretty close to the 4 trillion in treasury. It is pretty clear that they cannot solve the problem except by printing dollars. Tomorrow could be JPMorgan but next week will not be. BTW they would not play the off hour games if they could keep the price down in the real market. Just like the screwing of May day 18 months ago. Long term the world has to get rid of the bankers.
sell SLV and buy puts
SILVER going down
Sentiment: Strong Sell