Replies to post #220 on Sprott Physical Silver Trust (PSLV)

[rstefan]

Many of the people are waiting to see what the QE2 results bring.
they are also waiting to here if the president is going to raise the debt limit or not.

if the president puts a cap on the debt limit it should show strength in the dollar and silver should fall, if he raises the debt limit silver should deep climbing.

which is wednesday we'll see?

JMO
GLTA
Bob

[The_Free_Nebula]

PSLV....technicals relaxed for the next move up...11D MA held nicely...resynch'd under the upper BB....good to good on the real assault on 50 bucks per OZ....

[The_Free_Nebula]

Still in churn mode...breaking through will be a tough challenge...49-50 per oz will take some time

[The_Free_Nebula]

PSLV - Churning to the downside off the market resistance, percieved or otherwise, @ $49-50 bucks per oz...Buying opportunity for future...both for physical and PSLV ETF.