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Old 05-21-2013, 07:26 PM   #1
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RESPONSE TO: Martin Armstrong's Silver Flash Crash

Martin Armstrong put a blog post in his Armstrong Economics blog yesterday about the Silver Flash Crash. He said that the reason why there was a silver flash crash, that it was due to a lack of bids.

I responded to Armstrong's bearish analysis on Silver in my post at the link below:

RESPONSE TO: Martin Armstrong’s “Silver — the Flash Crash”

http://srsroccoreport.com/respone-to...e-flash-crash/
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Old 05-21-2013, 11:27 PM   #2
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Welcome SRSrocco! I have seen you and read your stuff via ZH.

Martin Armstrong's stuff seemed better when he was locked up!
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Old 05-22-2013, 06:29 AM   #3
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Hi SRSrocco, welcome to the forum.

We've highlighted some of your past work here:

http://www.pmbug.com/forum/tags/srsrocco/

and I also added the RSS feed for your new website to our news page:

http://www.pmbug.com/index.php?p=news

Glad to have you here.
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Old 05-22-2013, 06:40 AM   #4
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With respect to your article, I believe that Armstrong has it half right. Elvis (PM buyers) has (for the most part) left the building (paper casino). I personally believe that people have awoken to the post MF Global, PFG Best/Knight, Cyprus bail in template world and finally understand the value in taking delivery of real physical metal. You only need to watch what's happening with the COMEX, LBMA and ETF vaults to see the drain happening.

COMEX / ETFs:
http://www.pmbug.com/forum/f13/comex...15/index4.html

LBMA GOFO:
http://www.pmbug.com/forum/f2/negati...html#post21603

Unbeatable just posted a nice summary of the Japan carry trade that explains the recent trading action:

http://www.pmbug.com/forum/f13/japan...ld-price-2409/
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