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iShares Silver Trust Message Board

  • mystikmuse mystikmuse Aug 23, 2013 11:12 AM Flag

    This move is real 7 million shares in 90 minutes.

    Its a LONG's weekend...

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    • Looking to pick up about 40 more eagles. do you think we get a pull-back. I'm under the persuasion we pull back to the 21.52 area over the next week or so. No matte, I peeed on JPM again today up 8% with my uslv

      • 2 Replies to mgiganti74
      • Wow! Someone who takes the time to respond and with reasonable comment and concerns.

        Picked up both 2013 and cheaper priced 2010s from gainesville at the bottom. It was a lucky Buy but was unhappy with the condition of the 2010's. Will buy physical gold on any pullback for sure. Will continue to buy silver at regular intervals no matter what the price.

        Yes, we might see a pullback to the $21.50 area for last weeks COT was a surprise and this meeting between the President, CFTC and Cartel CEO's last Monday is suspicious... Last time this happened Metals took an orchestrated hit.

        Happy for you and USLV... good move on your part.

        GOFO and Backwardation and rumored JPM cornering GOLD (says Ted Butler) and Financial Media's change in rhetoric and New Fed Head, and Goldman's new attitude all portend well for metal. Also New rules for the verticalization of metals and fuel commodities might hinder cartel manipulations.

        I truly see new highs in gold and silver but don't pin me to a time frame.

      • We just had our pull back. The last 5 days were the correction to the $5 impulse. We just broke out of a pennant formation. Next stop is $26. That is the real test. Once through that, silver can embark upon much higher prices. Everyone just had their correction.
        Silver is very strong.

        Sentiment: Strong Buy

17.90+0.18(+1.02%)Aug 29 4:00 PMEDT