Thursday, July 17, 2014 2:08:51 AM
good evening everyone. actually for the last days when future contracts worth billions of $ silver was solid around 20.80, couldn't get smashed lower. I expect a rise above $21 on friday. chartwise I see the golden cross coming 
and ninch doldrums
for silver!
ahja, this is interesring as big money like carl ican now concerns leaving stockmarket (reduces his stackes there) and going back to the real stuff, back in to gold and silver because:
DALLAS FED PRESIDENT FISHER SAYS 'MARKETS ARE OVERSHOOTING'
FISHER CONCERNED FED MAY 'BE STAYING TOO LOOSE TOO LONG'
FISHER: I DON'T THINK YOU SHOULD 'POP' A BUBBLE, BUT SHOULD LET SOME SPECULATIVE STEAM OUT OF MARKETS
His plan for this "letting out of steam" is to start shrinking the Fed balance sheet in October and raising rates early in 2015. Of course, what does the Fed know about bubbles? We are sure the spin will come soon that this is bullish as 'froth' will be removed and then the secular bull can go on (aside from the total and utter lack of liquidity in markets, small doors and large crowds do not make for good endings).
Finally, when Fisher says don't pop the bubble, that suggests there is no bubble, yes?
and ninch doldrums for silver!
ahja, this is interesring as big money like carl ican now concerns leaving stockmarket (reduces his stackes there) and going back to the real stuff, back in to gold and silver because:
DALLAS FED PRESIDENT FISHER SAYS 'MARKETS ARE OVERSHOOTING'
FISHER CONCERNED FED MAY 'BE STAYING TOO LOOSE TOO LONG'
FISHER: I DON'T THINK YOU SHOULD 'POP' A BUBBLE, BUT SHOULD LET SOME SPECULATIVE STEAM OUT OF MARKETS
His plan for this "letting out of steam" is to start shrinking the Fed balance sheet in October and raising rates early in 2015. Of course, what does the Fed know about bubbles? We are sure the spin will come soon that this is bullish as 'froth' will be removed and then the secular bull can go on (aside from the total and utter lack of liquidity in markets, small doors and large crowds do not make for good endings).
Finally, when Fisher says don't pop the bubble, that suggests there is no bubble, yes?
777
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