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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (90688)11/22/2008 7:22:46 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 116555
 
I deal directly with a refiner and I can tell you he's stunned at whats going on in the silver arena because years ago he used to melt J&M 100 ounce bars and now hes melting 1000 ounce bars to create 100 ounce bars and I'm buying as many as I can as the market is RED HOT for them right now and growing. At the moment I'm back ordered 7,000 ounces

I really PITY those who are missing this because silver is absolutely going to soar. Everyday that consumers see Comex silver down and supply of retail products almost nonexistent the Comex suffers more and long lasting credibility problems and it becomes obvious to anyone observing this that the Comex is about to default and /or lose its meaning entirely.

This will be the day that silver will trade finally in a free market unhindered by the PPT and naked short sellers representing the SUA...(Silver Users Assoc)

Funny that Mish sees manipulation and criminal activity in the financials, housing markets and Wall St but can't see it in the precious metals.....well maybe he does I don't know.