Replies to post #126670 on Zeev's Turnips Patch-No Politics (ZEEV)

[zerofinance]

mlsoft and fellow "patch inhabitants" -

Well said and Happy Independence Day!

zerofinance

[unctarheel]

Amen - and it is a shame that all Americans do not share that view. I second your appreciation and prayers for our troops and would add our leaders also. May God protect and bless our troops and give our leaders of both parties the wisdom to put our nation first and party politics last.

Happy 4th everybody.

mlsoft


Amen and GOD BLESS AMERICA!!!!!!!!

[basserdan]

*** Silver related post ***

Hi ml,
I can recall a couple of occasions where you said that you consider yourself to be a relative neophyte w/r to the silver market, and if so, may I suggest that it may be time for you to 'bone up' on some AG plays because I think that silver could well be the first of the PM's to give us a slew of doubles from current levels. There are many established silver (w/Cu and/or Au) producers whose shareprices will explode when the PoS gets through the $5 area in convincing fashion. I feel that silver could break through that area of resistance before gold does the same with the $400 level.

My plan is to 'bulk up' my silver plays when the PoS breaches $4.75ish and to use an ensuing break of $465 on a closing basis to indicate that the time is not yet nigh.

To me, anything that might minimize the COMEX stranglehold on Silver pricing can only be viewed as a good thing to a silver bull.

Methinks this blurb could have far greater implications to the eventual PoS than the length of the PR would suggest.... <gg>

===========================================

China To Launch Spot Silver Trading In Shanghai July 8
Friday July 4, 4:32 am ET

Shanghai, July 4 (Dow Jones) - The Chinese government has decided to launch spot silver trading at the newly established Shanghai White Platinum and Silver Exchange July 8, according to a newsletter from the exchange.

Silver of 99.90%, 99.95% and 99.99% purity will be traded at the exchange.

The spokeswoman for the exchange told Dow Jones Newswires that slightly more than 60 members - including domestic silver producers, trading firms and jewelry makers - had been approved to participate in trading.

The trading hours are 0200-0330 GMT and 0530-0700 GMT Monday through Friday.

According to the trading rules, members will be allowed take immediate delivery or negotiate over a preferable delivery date, ranging from one to six months.

The silver exchange launched a pilot trading program in late April and obtained final approval from the State Economic and Trade Commission just recently, the spokeswoman said.

-China Bureau, Dow Jones Newswires; (86-21) 6218-3268; [e-mail]

http://biz.yahoo.com/djus/030704/0432000165_2.html