Sunday, October 09, 2011 11:43:48 PM
You thing gold and silvers ramp up over the past year is the good ole fashioned retail buy and sell?
The big boys make the prices in commods... oil...
Aint Joe retail investor like you and I... And those folks are margined to chit.. Watch what happens when the market continues to get hit these next few weeks.
You think they will care about the longterm outlook of silver or gold?? They dont give a chit about that... what they care is folks banging down the door for their money back which the hedge fund used to leverage gold at 1000 to 1( or some crazy number like that)...
Silvers move to $20 and below wont be based on valuation... it will be unbiased asset selling across all classes...
only thing that will be a saving grace is the USD... ~ ~~
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