Silver is slowly climbing back today

pitboss

after the glorious news overnight.

dontippet

Wouldn't silver go down because of the glorious news? We are closer to world peace, therefore no need for silver.

gecko109

<< <i>Wouldn't silver go down because of the glorious news? We are closer to world peace, therefore no need for silver. >>





The FED is more "dangerous" than Bin Laden.....or any other individual man could ever be.

dontippet

<< <i>

<< <i>Wouldn't silver go down because of the glorious news? We are closer to world peace, therefore no need for silver. >>





The FED is more "dangerous" than Bin Laden.....or any other individual man could ever be. >>




Good point, but I figured that the news somehow leaked to the markets yesterday, and that is why silver was down. When I heard that the President was speaking last night, I assumed it was good news because silver was diving.

renman95

"Bank institutions are more dangerous to our liberties than any standing army" - Jefferson.

pmcollectour

Silver has been rising parabolically, a move that is always potentially dangerous. Silver is also deeply overbought, having risen 8 out of the last 9 months. This is not true of gold, which has risen at a much more even and slower rate. China and many central banks are accumulating gold, but they are not accumulating silver.

Gold is held in strong hands, big money buyers, central banks, and large pension funds. This is not true of silver, which I believe is held in many speculators and quick-trade operators. Thus, silver is in weaker hands than is gold, and that's an important difference.

akuracy503

Brutal

FullCameo

<< <i>

<< <i>

<< <i>Wouldn't silver go down because of the glorious news? We are closer to world peace, therefore no need for silver. >>





The FED is more "dangerous" than Bin Laden.....or any other individual man could ever be. >>




Good point, but I figured that the news somehow leaked to the markets yesterday, and that is why silver was down. When I heard that the President was speaking last night, I assumed it was good news because silver was diving. >>



I thought it was going to be bad news. I was pleasantly surprised.

pitboss

It's back down to where it was this morning but thats ok, we will have a buying opportunity, now we just have to time it right.