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Gold/Mining/Energy : Shining Tree Gold Camp
ORFDF 0.0572-6.6%Oct 22 2:58 PM EST

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To: sense who wrote (152)5/16/2012 5:09:41 PM
From: sense   of 260
 
Looks like that's happening...

PSLV maybe heading to $10, or below... already a better value and better priced than SLV without being paired with the effort in subversion of the market... and the money flow on PSLV does look better than it does for SLV...

Market action now seems it proves all you needed to know about why they'd want to flog SLV as a "buy" for the sheeple back on the 5th of May... ?

I'm still thinking we'll see an accelerating exit at SLV if the downtrend accelerates any more... with the perverse impact that traders abandoning the paper trade... will reduce the capacity of shorts to short the paper. Target price for SLV near $17... for silver maybe $22... and it if breaks the 200MA on the weekly, lower...

All the moves recently have taken 2 to 3 months from "peak" to "valley"... the latest "peak" was Feb 20th, and we'll probably be at or nearing the next valley bottom by the end of May... ?

I think the rest of this week... we could see a big, big one day move lower... maybe $22 tomorrow ?
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