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  • Time to Buy Gold and Silver  [View article]
    Jason as well as Adam Hamilton of Zeal are very astute observors of the precious metals markets...and he is absolutely correct concerning market manipulation. And just as bank sales of gold a few years ago was manipulative and knocked the metal down time and again the great slver manipulation will also fail. This ranting (and if you read Mr Butler its hard to describe it as anything else) is IRRELEVANT. The market will correct the naked short positions thru 2 mechanisms..
    First..holders of real silver will simply not sell at paper prices. This is the case now. Go out today and TRY to get your hands on the real stuff..I don't mean promises....I mean HANDS on. This is the precursor of a REAL second market developing..where those who need physical silver will start dealing only with a market that can legitimately provide it.
    Second...while this second market is forming..the REAL market...someone will at what looks like a large paper loss DEMAND delivery..and then the jig will be up. $12.50 silver is NOT $12.50 silver unless its deliverable.
    In any case...silver and gold are huge buys. Those afraid to prchase now are not going to make much later on..but then they never do.
    Sep 08 10:04 am |Rating: 0 0
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