More Determined Bear Raids on Gold and Silver
Commodities / Gold and Silver 2011 Jan 21, 2011 – 02:47 AM
More determined bear raids today, winnowing out the weak hands, the overleveraged, and the speculators. Look for silver to hold the most resilience and snapback on the shorts, as the shortage in wholesale supply continues to deepen.
Remember that January 26th is the option expiration at the Comex.
// //
” You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold.” – George Bernard Shaw


Advertisement