PDA

View Full Version : The bullion banks shorts are at it again!!



longonsilv
26th July 2013, 08:18 AM
That sudden drop @ about 11 AM in gold and silver was no coinsidence.

http://www.kitco.com/charts/livesilver.html

The drop more dramatic with silver.

longonsilv
26th July 2013, 08:28 AM
About a $12 drop for gold and about .35 for silver.
Moving the ratio to about 34/1.

longonsilv
26th July 2013, 08:33 AM
I should say, moving the ratio on the price drop too about 34/1.

Son-of-Liberty
26th July 2013, 09:01 AM
Yeah I noticed the "Friday drop" too. So predictable.

gunDriller
26th July 2013, 10:05 AM
i'd like to see the Cartel spike Silver down to $19.60.

all it would take would be one more minor-size waterfall.

although when the price is below the average cost of production, it's got to affect the 'physics' of price manipulation. it was probably easier to make those big $2 over 2 days price slams when Silver was up around $26 or $24 or $22.

these low prices will spoil us for years.

but the momentum investing crowd will jump on the bandwagon. as soon as there's momentum.

Son-of-Liberty
26th July 2013, 10:29 PM
Looks like the drop didn't work too well. Almost a full recovery before close.