In futures markets, parabolic moves are most often the result of a “Short Squeeze”. This is exactly what happened in Silver as the CME increased the margins IMO.When Open Interest falls but price rises, it is a “Short Squeeze” IMO.The same thing happened with Cotton just a few months ago .Typically, the commercials buy into weakness and Sell/Short into strength
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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Sunday, May 29, 2011
Saturday, May 28, 2011
How to Buy silver, gold bullion bars, coins, ingots
Recently visiting eBay and also hearing of some very overpriced gold and silver purchases, I wanted to offer my opinion on buying physical gold and silver. This video explains how to get real gold and silver at the best price "over spot." You might also want to try pawn shops, I purchased 50 oz over a period of months, each purchase was below spot price. Not all pawn shops have silver bullion, some do, call ahead and Good Hunting!
Sheikh Imran Hosein : The Paper Money is the Biggest rip-off in human history
Islamic reknown scholar Sheikh Imran Hosein : The Paper Money is the Biggest rip-off in human history ,Sheikh Imran Hosein he explains how Richard Nixon repudiated a treaty obligation (Bretton Woods ) by introducing paper money instead of gold backed money in September 1971 , since then no paper money is redeemable in Gold , but the rip-offs is not over yet , the elite are planning to crash the dollar and all paper money with it in around 2012 , and introduce instead the Digital Money , in this way they will have further control over people's wealth and transactions , his is an excellent analysis by Sheikh Imran Hosein in accordance of what other people are prognostication like Pastor Lindsey Williams who says that according to his sources the US Dollar and the Euro will be dead by 2012 , this is the elite's plan ....
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)
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