Well, it is possibile for gold to break under 800 as the summer doldrums approach, but reading Ted Butler (found at ) investmentrarities.com , both gold & silver are in manipulated markets to an extreme degree with concentrated shorts trying to activate sellers and begin to cover at least some of their huge,huge, huge, back against the wall position. Since gold has limited industrial use, it operates on percieved values and habits. Silver is industrially important and in very short supply and in a much smaller market. When less than 1% of the gold investors see silver out perform gold, understand the small market shortage, the ungodly short position, and switch gold for physical in fist silver, the climb past $100/oz silver will begin and gold could stagnate. You want to be early in the play this year, probably this month! Junior silver miners planning to dig before 2011 are under valued now along with silver maple leafs, eagles, rounds, and bars. Just read Butler and Jason Hommels silverstockreport.com A lifetime opportunity is on a silver plate. The illegal short position waiting to be destroyed will be a history lesson in the near future. Live it profitably. One last item.. the manipulators can take down gold easily as no real industrial demand is present and thus hope silver will follow as usual. The silver shortage will soon break that strategy. The sooner more take delivery on silver and reduce paper plays the sooner the explosion. Just need one multi-millionaire or large fund to do it and COMEX will be scared stiff unable to get the bars. Its the concentrated shorts using fear that have always started the steep corrections, it will work in gold for a long time, not so with silver.
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Well, it is possibile for gold to break under 800 as the summer doldrums approach, but reading Ted Butler (found at ) investmentrarities.com , both gold & silver are in manipulated markets to an extreme degree with concentrated shorts trying to activate sellers and begin to cover at least some of their huge,huge, huge, back against the wall position. Since gold has limited industrial use, it operates on percieved values and habits. Silver is industrially important and in very short supply and in a much smaller market. When less than 1% of the gold investors see silver out perform gold, understand the small market shortage, the ungodly short position, and switch gold for physical in fist silver, the climb past $100/oz silver will begin and gold could stagnate. You want to be early in the play this year, probably this month! Junior silver miners planning to dig before 2011 are under valued now along with silver maple leafs, eagles, rounds, and bars. Just read Butler and Jason Hommels silverstockreport.com A lifetime opportunity is on a silver plate. The illegal short position waiting to be destroyed will be a history lesson in the near future. Live it profitably. One last item.. the manipulators can take down gold easily as no real industrial demand is present and thus hope silver will follow as usual. The silver shortage will soon break that strategy. The sooner more take delivery on silver and reduce paper plays the sooner the explosion. Just need one multi-millionaire or large fund to do it and COMEX will be scared stiff unable to get the bars. Its the concentrated shorts using fear that have always started the steep corrections, it will work in gold for a long time, not so with silver.
May 04 09:13 am
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