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Re: Montanore post# 1593

Wednesday, 05/12/2010 1:17:55 PM

Wednesday, May 12, 2010 1:17:55 PM

Post# of 17231
As I said yesterday, a confluence of factors is working in US Silver's favor, most notably improvement in the company's operatios and profits as well as the breakout in gold to all-time highs with silver riding right along.

The biggest thing I worry about here is the powers that be fighting the price of gold higher. We all know all the markets are manipulated more now than they've ever been in history. The stock market has been propped up. The bond market has clearly been propped up by the Fed throwing money at the banks which in turn throw money into both the bond and stock markets. And we know how JP Morgan and the powers that be have held the price of gold down for years. Precious metal prices show the vulnerability of fiat currencies, including the U.S. dollar. The powers that be won't let gold and silver run to infinity without a fight.
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