www.silverbearcafe.com/private/05.11/destiny.html Regarding silvers destiny with its 200mda Gonna try catch the falling knife @ 29 lots of nice graphs P.s. Anyone know when the markets start up tomorrow qld time. TIA
When JPM, HSBC and the NY FED attack silver like they did last week, you can't see that coming on a chart. Had margins not been raised as they have been over the last few weeks and days, silver would be over $50 right now. But the market is rigged and controlled by banksters, and when they want to take it down, they pick up the phone Last week was not a "correction" or "profit taking", but a controlled wipe-out of medium to small investors. The nice thing about physical, is I don't lose a penny until I decide to sell. But since my #1 reason for holding silver is to use it for buying food in the near future, they can play their game all they want. In the end the Banksters will lose
Good points and fits in with that 'theory' that Stella Concepts put forth about the current silver debacle being a way to scare off investors from the PM markets. If PMs really are 'the money of the elite', then they won't want all those middle class people getting a share.