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Silver and the Naked short
Submitted by doctor011 on Mon, 11/16/2009 - 11:23
When will JP Morgan and Goldman be forced to cover, and will they be allowed to cover with paper ? » |
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http://www.marketwatch.com/story/poor-mans-gold-may-be-an-in...
great article on silver
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
When silver hits over $20
That is the nominal high; recently.
After that, much like gold, it will start to have a continuous climb I think.
Normal people can still buy silver and it may just be starting in that trend.
The nominal high from 30 years ago was $50 but well before that the shorts will feel the pinch.
History does not long entrust the care of freedom to the weak or the timid.
Dwight D. Eisenhower
It all depends on those who
It all depends on those who want to take delivery... the government could come in and make the longs take delivery in dollars.. ofcourse the government is JP Morgan and Goldman Sachs..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.