Stock Attack II - A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Susan G who wrote (23925)	11/13/2001 8:29:24 AM
From: Secret_Agent_Man	Read Replies (1) of 52237

Ramp job on futures this am based on Ka-bul-l victory<g> but what really has changed? L.Dudash's, buy signal, is still intact and FA is still disconnected. also looks like although we are in overbought territory we're gonna go a bit further in that direction...me thinks we'll gap and run but a pullback seems certain before the day is over unless another "event" occurs today. cheers btw, some look for Silver to to fall on paper to the ~$3.5 range while physical silver is ~@ $500.00+/100 oz. The beginning of Default on COMEX??? From Kitco....... Date: Tue Nov 13 2001 05:31 rhody (silver paper separation) ID#268423: Copyright © 2001 rhody/Kitco Inc. All rights reserved The COMEX silver price is likely on its way to $3.50, but don't try to buy real metal for that. I just e-mailed Bart concerning his latest bullion full product list. The only silver bullion offered is the 1000 oz bar. All other bar sizes that were previously offered have been withdrawn. I asked Bart about this. He says the one ounce wafers are no longer made ( and hence are now so scarce, kitco can no longer offer them ) . The one hundred ounce bars are still made but the premiums are now so high, Kitco can no longer buy them, and hence no longer has any to sell. It would appear that the local market price for physical silver has now separated from the paper price on COMEX. Options to buy silver on COMEX will now increasingly reflect the rising probability that COMEX will default on delivery and option prices ( hence spot prices ) should fall from here on. This means we have separation. That means we have blast off in silver. This latest Kitco datum can be added to the anecdotal price pattern we can see for bullion on EBAY. One hundred ounce name brand bars sell for $US500+ on EBAY, plus $13.00 shipping and there is STILL a risk of default by the supplier on EBAY. I guess the risk of default on COMEX is greater than the risk of default by private individuals on an internet auction ( snicker ) . Well done FACT! You have provided investment advice of premium quality! Thanks for all the warnings about the direction of ( paper ) silver prices. Message 16648254

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next