Jim Rogers one of the worlds wealthiest investors argues that all paper money is in trouble and Silver is the only undervalued currency right now. Start Your own online silver investment business.
Thursday, January 13, 2011
CME did not acted against COMEX silver manipulation
New info regarding the COMEX silver manipulation by JP Morgan & HSBC ,non action by CME
they have 26000 short contracts . but it is not so easy (as you think) to close such big short position since there is not big enough or crazy enough trader to take the opposite trade of JP Morgan.It is 20% of the COMEX silver open interest and almost 100 days of world's silver production.You will sell silver when everyone is pushing you to buy silver mining stocs .Do not worry about this ,now try to buy as much as possible .But the right silver ,only physical silver.get your silver and stay long
they have 26000 short contracts . but it is not so easy (as you think) to close such big short position since there is not big enough or crazy enough trader to take the opposite trade of JP Morgan.It is 20% of the COMEX silver open interest and almost 100 days of world's silver production.You will sell silver when everyone is pushing you to buy silver mining stocs .Do not worry about this ,now try to buy as much as possible .But the right silver ,only physical silver.get your silver and stay long
The Silver Log (01.13.2011) - 50 day average test seems looming
The 50 day average has not been touched/tested since the breakout on Aug 24/2010. It is only 1% from its figure as of this text (01.13.2011 - 713pm EST)
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