Replies to post #684 on Silver Stackers

[crazy horse 0]

I think your DD is correct.

Shanghai Gold Exchange is a positive for the Gold and Silver market.
The Gold Silver Ratio is a positive to buy at these levels.
We are at a four year low.

The question is what do you buy Silver or Gold and in what form.
As for me I think I have that figured out LOL.

All good for precious metals IMO and yours LOL.

Happy Friday stackers!

I have been doing some DD tonight and have come up with a few lines I would like to share with everyone.

09/26/2014

1) hedge funds shorting gold and silver against a strong dollar

2) shorts on Comex, which is back in record oversold territory

3) analysts encouraging fund managers to sell gold are mostly working for the investment and bullion banks, and it turns out that their traders are buying it, closing their bear positions.

4) So the swaps have reduced their net shorts by over 60,000 contracts (190 tonnes) over the last five weeks

5) over the last five weeks they have bought back about 200 tonnes, which added to the swaps makes nearly 400 tonnes, bought over the last month-and-a-bit by banks whose analysts are mostly encouraging the public to sell

6) This does not mean that gold and silver won't go lower next week

7) more difficult for the bullion banks to close their shorts

8) the weak hands have now mostly sold

9) growing physical demand for delivery

10) Comex is pricing silver futures too low to reflect genuine demand, and the price will struggle to go lower



These were all key points and I'm looking for anyones take that has been doing there DD as to what they think about these one line statements I have pull for articles.



Cheers \_/

P.S. Has anyone seen Lady?