Silver monkeyhammered again

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ancona

ancona

Praying Mantis
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As usual, the New York pits opened up with no bid for silver. She gave back all her Asia gains and then some. Today will be interesting to say the least. We get to find out if Greece defaults on some bonds today.:popcorn:
 
Now silver is seeing down trading in addition to the dollar strengthening pressure.
 
Very likely going to drive it down to 24-ish. But slowly. That way they hope to drive off all the 'little guys' who bought over that price.
 
Jetstream said:
Very likely going to drive it down to 24-ish. But slowly. That way they hope to drive off all the 'little guys' who bought over that price.
Click to expand...

That's what ticks me off the most.People who made the decision to protect themselves get discouraged & sell out..(or don't buy fearing a drop)
What will they be left with,facebook or groupon paper tp... :doodoo::flushed:


GOD BLESS OUR TROOPS!!!
 
I just noticed in Turds comment section on his latest post that he got a call about JPM. Says they are about to experience huge silver margin calls, so expect the selling to continue for a while.
 
So, I go to the doctors for a check-up, get wadded up in a traffic diversion off of I-95 because of a giasnt brush fire and spend an extra hour in needless traffic, and silver has been crunched again. Good! Punch this fucker all the way down to eighteen I say. At lower prices I can buy that much more.

Bring it on Blythe, bring it on!
 
Into the $26's....:doodoo:
GSR about 57/1..Maybe time to consider trading Au for Ag???


GOD BLESS OUR TROOPS!!!
 
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FOMC hinted at QE talks. Deep discount is likely over for today.
 
Somebody knew what was coming and crashed metals 30 minutes before the release (as soon as the comex closed / globex opened ) to limit the impact of the initial spike at 2pm.
It's so ridiculously obvious...
 
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