Bob Chapman start at 6:58
Bob Chapman : The United States is the laughing stock of the world , we are talking about the American citizens , the world thinks the United States Government is as evil as we think it is , and they hate them they hate the government not the people they think half of them are out of it and that's true , but half the people of every country are out of it so they come up with something like that it is just dumber than dumb , these people are illegal , we do have rules I mean if you go to another country you check in you get a visa you usually check in once a year tell them where you live what's your phone number is and that can go on indefinitely as long as you have money to support yourself...that does not happen in America people just go into the country cause they feel like it
Tuesday, May 10, 2011
The Silver rises more than 8 percent this week
The Silver trade. It's driven by investment demand CNBC 5/10/2011
The Fast Money traders weigh in on whether you should buy silver now and which trades you should put down today.Silver looks like it has bottomed and it has started rising back up again after it fell last week on fund exits CME margin hikes in fact silver prices rises 8% this week .B.K. " I'm still long silver, both options and the SLV. I do think you can probably get in, at least on a third position here.you can you use 33 on the SLV as your stop. that way you have a defined risk, or can you just go with some upside calls maybe the 40 calls on the SLV, something like that, but I still believe in the silver trade. one, it's driven by investment demand which certainly came off with the margin increases, but there's a new mutual fund that's coming out that's going to be holding physical silver and inflation is not done both China and Brazil are raising wages, and that will lead to more inflation. "
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)
Bob Chapman : The HKMEx a way for investors to bypass the COMEX Monopoly
Bob Chapman - Silver Reality Check - 05-09-2011 :
Bob Chapman : well first of all they are small (The HKMEx) because they just starting out , but there are some big hitters in here big time traders and much of the buying silver commodities is coming out of Asia so they're quickly going to take 25 - 35 percent of the business away from COMEX , because the Asians are not going to trade on a rigged exchange if they can help it and so it gives them the avenue , and other people throughout the world will execute in that exchange as well and bypass the monopoly that is United States Government which controls CME and the Comex
Bob Chapman : well first of all they are small (The HKMEx) because they just starting out , but there are some big hitters in here big time traders and much of the buying silver commodities is coming out of Asia so they're quickly going to take 25 - 35 percent of the business away from COMEX , because the Asians are not going to trade on a rigged exchange if they can help it and so it gives them the avenue , and other people throughout the world will execute in that exchange as well and bypass the monopoly that is United States Government which controls CME and the Comex
Subscribe to:
Posts (Atom)
