Silver is coming back as strong as ever in a time when everybody totally forgot about silver and stopped talking about it . Oil, copper climb from depths on Goldman call to 'buy," with the Fast Money traders. let's not fault Goldman for being right. i think that's the better way to play silver relative to gold. it looks like it's moving. i think you follow that. i think this is actually a little bit of wind at your back for this trade. zach, as i recall, you had been in silver. don't know what you did with it when it had its rocky trading when they raised their margin requirements. are you back in? have you added?
Wednesday, May 25, 2011
Who is The Mystery Gold Buyer? - CNBC 5-24-2011
Gold futures hit their highest settle in three weeks, with the Fast Money traders.Someone bought 50 000 Gold Call options between $16000 and $18000 out of the money expires September , total $50 Million in Call premium paid it is likely to be a central bank or a sovereign fund are they betting on QE3 ? or is it just a speculative move ?
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
They will pull the plug for the economy before December 2011
Bob Chapman on The National Intel Report 24 May 2011
Bob Chapman - National Intel Report - 05-24-2011 Bob Chapman speaks about the likely default of Greece and a possible QE3 soon , They will pull the plug for the economy in September or October according to an unidentified intel source ..
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