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Pastimes : All Clowns Must Be Destroyed
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To: LLCF who wrote (33847)5/19/2000 9:11:00 AM
From: pater tenebrarum  Read Replies (1) of 42523
 
DAK, indeed, silver stock piles are near a 50 year low. the supply / demand deficit has persisted for well over 10 years now, and it's the most heavily shorted metal in history (3 1/2 years of production are currently sold forward at an average $5/oz. - totally insane).

any other commodity with fundamental characteristics such as these would have at least tripled in price by now. it was recently observed that only FOUR large traders hold almost the entire COMEX short position in silver.

they are probably the usual suspects...so be aware, it's a manipulated market, and the parties involved will do everything in their power to keep the price suppressed. once it clears $5,60, you'll know they have lost control and the big short squeeze is on....
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