Whooo hooooo silver up over 30 yee hawww ;) my gosh it has been a dog.
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Whooo hooooo silver up over 30 yee hawww ;) my gosh it has been a dog.
This looks like a major break out and if you listen closely you may hear the dog start to howl.
i wonder if the Cartel is on vacation for a few weeks.
will they come back in time for options expiry next week, to raid from $31 down to $27 ?
my prediction - Blythe & Co. will come back from vacation with sunburn & peeling skin.
the peeling skin will get stuck between the keys on their keyboards.
while they are getting new keyboards, the price will go to $50+.
Silver-holders around the world will live happily every after.
options expiry always wins. then, to $50.
http://kingworldnews.com/kingworldne...peimage_22.png
love the sight of these bars, but i'm not sure exactly what they are.
1 kg ?
As long as JPM still has control of the silver market with its paper short positions, then it will stay under $50 in the next few years since the $50 barrier will be well guarded by JPM. Also, if the European crisis (especially Italy) gets worse and/or the U.S. gets in another major recession then that will dampen industrial demand for silver and will bring the spot price down. Honestly speaking, I do not see silver touching AND holding (i.e. closing above) $50 before 2015. Just my gut feeling speaking to me.