ussmls7

Bullish on Silver, Less So on Gold

The best man to know about Silver can be found at, silverseek.com/Ted Butler/The Educated Investor. His past articles gives a detailed report of intervention by 2 or more US Banks in Silver & Gold.Those that follow Ted's advice are very safe to face the bleek road forward! Ted has been a true friend to those that are both rich & poor. He change my life with his common sinse writtings & ledership. May 07 10:56 PM kohalakid wrote:

> OK, I read the GATA thing.
> Yeah, conspiracy sells a lot better than the actual fact that if
> you are a bullion dealer and you are playing the game correctly,
> you are hedging your physical with futures. So when GATA says it's
> just amazing that when the commercials get very short, silver crashed
> from $20 to $9, it may just be that the dealers were hedging physical
> or forward sales to them, perhaps from mines looking to lock in a
> favorable price, and used COMEX to sell the offsetting position.
>
> I know I was buying bunches of physical at over $20 and hedging it
> by selling COMEX. I got to buy physical at a nice discount to spot,
> hedged it and sold it at juicy premiums when silver went under $11,
> buying back my COMEX shorts at that point.
>
> It's not rocket science...but it sure doesn't make as good a story
> as a nice conspiracy!!!

Is Speculation Driving Commodity Prices?

I follow many writeing about Gold/Silver prices, also supply side of both, all that I have read, Silver is way under priced,just from data & demand delieverly lag time, to much noise accross the board,makes me wonder who,has the truth?