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Politics : BuSab -- Ignore unavailable to you. Want to Upgrade?


To: SmoothSail who wrote (7604)5/5/2011 3:28:56 PM
From: Alan Smithee  Read Replies (2) | Respond to of 23934
 
Any idea why?



To: SmoothSail who wrote (7604)5/5/2011 3:48:58 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 23934
 
A couple things are happening but it's all "talk"

Soros is reported as lightening his position in silver & gold < More on that in a minute

We're seeing a dollar (labor voucher) rally which is pushing oil lower. The admin will claim oil is going down because Bin Laden is dead but thats bull - he's a non issue.

Back to the "Soros is lightening" story. Soros and institutions have been lightening into this rally all along - that's what you do.

Control the supply and the availability - feed the flow just enough so that prices rise - then the price rise gives way to small guy interest - Soros keeps selling to the little guy and then he opens the flood gates when he's down to his final 25% position - which gives way to G Gordon Liddy becoming the commercial face man for precious metal sales

Soros isn't selling - he sold!

Beyond that margin requirements have been raised - interesting timing eh?

Institutions and guys like Soros are letting the little guy dangle and barf furballs until his eyes bleed at which point.....they'll slither right back in after taking a tidy profit.

I'm not calling a bottom in metals but keep a close eye on them because the US labor voucher printing press is workin 24/7