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jimmybob

11/23/11 1:00 PM

#55496 RE: xtrahott #55495

SLV going to $20 by years end... be careful of the EZ trade... EZ to think inflation and money printing will cause silver to explode...

in market downturns, all asset classes get taken to the woodhshed...


Silver will have its day... but not now IMHO ~~~
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MWM

11/23/11 1:02 PM

#55499 RE: xtrahott #55495

There has been a large short position in Silver going back 30 years, that is why the Hunt bro's tried to corner the market back then. It has grown even more in recent years, part of the reason why Bear Sterns went under too...