As of latest reporting, George Soros is the #7 largest holder of the GLD ETF... just an FYI.
Same guy who made billions betting on "paper currencies"...
If he's the #7 holder on the ETF which is out in the open, wonder what he's doing behind the scenes or how many traders or minions he has working/trading/investing for him?
Also note JP Morgan, while long-known to be manipulating the SILVER market actually started getting into it, not to mention they have the COPPER market cornered at this point as it continues to hit all-time record highs. I'm starting to get the feeling that JPM is going to be positioned on the next breakout in silver, imagine if they were using short derivatives or even unraveling their trades on the move from 16 to 31, exactly what will happen next if they get on the other end of the spectrum...? 26 to... ???
Give the silver and gold markets, 2 weeks maximum from this point on. Gold had recently bottomed out on what was it's 38.2% time-based retracement from the major August-December move. And according to Mr Fibonacci's math, time's almost up for the next wave to occur. George Soros, Henry Paulson, the banks, they know what's next in this story...
HI-HO SILVER !!!
