Oil could see a further price drop

Jan. 24 2011 | Oil could see a further price drop, according to John Kilduff of Again Capital.

JP Morgan have just moved their naked short positions to offshore accounts

Very good point about not being able to bring down JP Morgan by buying silver. As they have just moved their naked short positions to offshore accounts. Now they probably feel free to clobber the market however they want since the CFTC voted 4-1 against limiting their positions. Physical silver demand tells an entirely different story however. The pressure is on for two diverging market indexes. Physical vs bulls**t paper.

Industry declines wont hurt silver prices

Industry declines won't hurt silver prices and have not hurt them. The reason is that demand from investors as well as the increase in the variety of uses for silver will more than make up the difference. Silver is a tiny market and has been a safe haven for 5000 years. The fact that it's now in heavy industrial demand on increases it's value.