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Strategies & Market Trends : Ride the Tiger with CD

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To: koan who wrote (141167)1/3/2009 4:56:09 PM
From: Proud Deplorable  Read Replies (2) of 312353
 
Silver was manipulated down late least Fall to a way oversold condition and did not reflect the silver shortage in the world. In the last few months there are many more hoarders of physical silver out there and the ones who already were collecting it are still buying. Having depleted the retail stores of small silver items all around the world, a condition that still exists, silver buyers are now buying 1,000 ounce bars off the Comex and are quickly depleting their warehouses of those. Jason Hommel is responsible for this. This is why Comex spot silver will shoot way past gold in the coming months

I have said this for months here. Too bad some didn't listen
SLV is NOT the way to play this...going out and buying whatever silver is available to you IS the way. The premiums on coins is getting bigger, 10 ounce bars - bigger, Rounds -bigger, 100 ounce bars are stable and 1,000 ounce bars have a smaller premium. I have no use for 1,000 ounce bars anyway as I have deals now with 2 refiners to buy 100 ounce bars at low prices as they are the ones who deal with the Comex. Truthfully I cannot lift a 1,000 ounce bar as I have a herniated C 5-6 at the moment. 100 ounce bars are light enough for anyone to handle.

cmi-gold-silver.com
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