JohnQPublic
16th February 2011, 06:28 PM
His final comments tonight (http://harveyorgan.blogspot.com/2011/02/troubles-in-libyabahrain-silver.html) (Weds. 2/16/2011):
"In summary we are seeing turmoil throughout the world and yet the USA finds it necessary to keep silver and gold in check. It is amazing to see a huge discount for the Dec 2015 silver contract as many believe that by the time 2015 rolls around there will be no silver. The owners of silver also will not sell any of their spot silver to obtain a cheaper future month for fear that they will not get any physical metal.
The bankers need to shake the silver tree so our fearless bankers will try another raid tomorrow. There are rumours that the CME might raise margins again. They need to see how many contracts of silver will stand. "
Keep in mind that he expects the S to HTF next month (March 2011) on the silver COMEX.
"In summary we are seeing turmoil throughout the world and yet the USA finds it necessary to keep silver and gold in check. It is amazing to see a huge discount for the Dec 2015 silver contract as many believe that by the time 2015 rolls around there will be no silver. The owners of silver also will not sell any of their spot silver to obtain a cheaper future month for fear that they will not get any physical metal.
The bankers need to shake the silver tree so our fearless bankers will try another raid tomorrow. There are rumours that the CME might raise margins again. They need to see how many contracts of silver will stand. "
Keep in mind that he expects the S to HTF next month (March 2011) on the silver COMEX.