Another Monday PHONY gain in these sick DYING golds/silvers, CERTAIN to end BADLY, again.
NO logic of any kind for this silver joke to trade above 20 cents a share in the best case scenario.....as ALL golds/silvers FAILED as flight to safety assets during all recent financial storms and international crises.
I love the negativity of this post! Contrary indicator. When the COMEX control of paper silver and gold is destroyed because there is no more inventory the physical metal prices are going to explode and it will be difficult to even get a quote on these metal prices because there will not be a quote available. Some 7 years ago I predicted that the price of silver would double in one 24-hr period and silver would hit $700 an ounce.
I standby these predictions but due to the fact that "Everything is Rigged" Rolling Stone, 9 May 2013.....that it may take some time for market forces to bring and end to the rigging operation.
I also came across and article that indicated that the Hunt Bros were NOT TRYING TO CORNER THE SILVER MARKET in 1980! They were buing phsical silver and more futures contracts as they made money on the rise.. The $50 silver price in 1980 was probably real and not caused by an attempt to corner! Thus, the crisis ratio of gold to silver is really 17:1.
Close. I fell out of the car going about 35 mph but I was in a snow suit and I landed in a snow bank.... The other time I fell out of the car onto a cement bridge. I need to be tough to deal with all the close minded folks I meet. I plan to survive without a lot more pain. I even had brain retraining to deal with all that trauma.