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Is this it for Silver?

Is this it for Silver?# Stock

N*n2010-08-25 07:08

1 楼

The long overdue explosion?
Seldom does Silver break away in such neck snapping manner as blasting
through all key moving average on an option expiry week. And it did just
that yesterday.
Seldom does Silver run all over Dollar on a major auction week where 5Y
and 7Y bonds are at stake. And it did just that this week.
It could be that the bullion banks are finally on the panic run to cover
their naked short, and there are 200 mil ounces to cover. Good luck.

a*h2010-08-25 07:08

2 楼

yes, and I bought SLW and AXU last week, LOL.
the deflation talk has been all over the place, headlines, ordinary joes
it may be close to the max.
though gold is still safer which have benefits both ways (inflation/
deflation)
silver may get better and better from here

【在 N********n 的大作中提到】

: The long overdue explosion?
: Seldom does Silver break away in such neck snapping manner as blasting
: through all key moving average on an option expiry week. And it did just
: that yesterday.
: Seldom does Silver run all over Dollar on a major auction week where 5Y
: and 7Y bonds are at stake. And it did just that this week.
: It could be that the bullion banks are finally on the panic run to cover
: their naked short, and there are 200 mil ounces to cover. Good luck.