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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (168142)5/24/2002 5:54:34 PM
From: maceng2  Read Replies (1) of 436258
 
That's a powder keg in search of a lit match...<NG>

-lol- I agree. The tide is very much against the silver shorts imho....

(1) Gold price has been kept subdued for a long time by "monetary scientists" and their brethren who announced the gold was worthless, and a quaint old fashioned monetary concept. The gold shorts are being reamed as we speak. Cash is coming out of fiat money world wide. Folks are gradually realizing that the "experts" are once again wrong.

(2)Success breeds success...wrt (1) above, silver clowns will appear out of the wood work like a scene out of the Disney cartoon "the sorcerers apprentice". There is no honor amongst shorts <ggg> and some covering will be done.

(3) We have a deteriorating economic outlook and price pressure on commodities in general will increase.

(4) Silver prices will become volatile (as if they are not already) and the price will go up.

(5) Folks will wonder why the price of silver is going up and investigate...

I like the long term chart at bottom of "gallery view"

stockcharts.com
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