Re: Silver Ceiling $36.xx, Floor $12.00 49 minutes ago That $36.xx ceiling is made out of rice-paper.... sure silver can poke it's head up above and look around but that paper ceiling won't support any weight so silver comes crashing back down.
After CE (Commodity Easing) gets fully underway (likely starting tomorrow), we'll need to keep ratcheting down the silver ceiling.
It's no fun buying silver at $36 when the ceiling is $36.xx and the floor is $12..... If CE works smoothly, then we might avoid a crash and might see a floor of only $17 silver or so and $70 oil.
Hopefully OPEC will vote on a smooth CE plan to ease oil prices down to the $70's, rather than letting the economy crumble and crash oil prices to $20-$40 (and silver to $8 to $12)
FROM THE SLV MB...YOU MAY GET MORE THAN YOUR WISH...LOL