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View Full Version : Silver is rebounding



madfranks
7th May 2010, 09:41 AM
Silver up $0.61 as I type this. WTF is with this silver roller coaster lately?

StackerKen
7th May 2010, 09:47 AM
wow.....Strange...I was thinking it was gonna do nothing today and then this.... :o

VX1
7th May 2010, 09:59 AM
IT'S UP $1.12!!! Damn it, man... just when I'm about to make an acquisition, some dumbass at JPM fat-fingers a big one. ;D

Looks like yesterday's casino stock market turned upside down.

Quixote2
7th May 2010, 10:43 AM
http://market-ticker.denninger.net/archives/2286-CFTC-Warns,-GOLDSILVER-Spikes.html

CFTC Warns, GOLD/SILVER Spikes?
Hmmmm....

WASHINGTON (Dow Jones)--The U.S. Commodity Futures Trading Commission issued a warning to the market on Friday to remind participants that speculative trading limits apply throughout the trading day as well as at the end of trading.

Timestamp, 11:15 Central time

Now let's look at two charts.

(go to link to see figure)

You don't think that GOLD was being speculatively shorted beyond intraday position limits, do you? That oval, by the way, is right when the announcement was made.

Or shall we look at SILVER?

(go to link to see figure)

Naw, there's no evidence that "someone" (or a few someones) were breaking the law here, is there?

Nobody would ever close out unlawfully-held shorts after being warned by the CFTC, would they?


(When will we change this worthless forum software so we can copy and paste figures?)

MoShaniqua
7th May 2010, 11:17 AM
Still has another half buck to go to get back to last weekend's price.

JJ.G0ldD0t
7th May 2010, 12:00 PM
Damn.. Its gonna break the graph!

1970 Silver Art
7th May 2010, 12:56 PM
The DOG is acting volatile as of late but it is resuming its run. They cannot keep the good DOG down for very long. ;D

If that is the case that someone at JPM "fat-fingered" the DOG, then yeah I am glad that someone at JPM fat-fingered this DOG trade today. Maybe someone else at JPM will "fat-finger" another DOG trade on Monday. Those DOG manipulators at JPM must be getting careless. ;D

Steal
7th May 2010, 02:09 PM
IT'S UP $1.12!!! Damn it, man... just when I'm about to make an acquisition, some dumbass at JPM fat-fingers a big one. ;D

Looks like yesterday's casino stock market turned upside down.


same here, was hoping would get home and see some buy orders filled on cheap silver. Oh well. At least I got a $100 face %90 for $17.45 pr oz (71.15 oz) Thur.

Blink
9th May 2010, 02:27 PM
IT'S UP $1.12!!! Damn it, man... just when I'm about to make an acquisition, some dumbass at JPM fat-fingers a big one. ;D

Looks like yesterday's casino stock market turned upside down.


same here, was hoping would get home and see some buy orders filled on cheap silver. Oh well. At least I got a $100 face %90 for $17.45 pr oz (71.15 oz) Thur.


Silver is already cheap. This manipulation hid its (silver) true value. Buy now, don't wait for a .50 cent dip when the potential is the moon......If you have the extra money, buy now before the masses lose more and decide to rush PM's to save they're wealth...... and you/me are left with nothing more to buy......