Just a reminder, watch it live on http://www.netdania.com/Products/li...ates/real-time-forex-charts/FinanceChart.aspx
Here is the price chart, with hourly volumes at the bottom: [imgz=http://forums.silverstackers.com/uploads/478_volume_light.png][/imgz]
Get the 46 thread ready for when NY exchange opens. The money men will have spent a lot of money on silver before Easter and now they will want it back with interest! It may even be a 10% correction. I know I'm sticking my neck out but now I'll know if I would have made it as a wall street trader. If I'm wrong I'll just have to be a silver trader who struck it lucky. Regards Errol43
It gets quite hot in Bundaberg now and then..A bit like SILVER running HOT but I sense a cool change is coming...
Why does there have to be a correction?? I heard the rush was based on rumours of china dumping $2 trillion in US treasury bonds
Silver prices are out-of-control. As of this date in 2009 and 2010, the price of silver was $12.02 per ounce and $18.07 per ounce respectively. These figures amount to a 157.8% increase in one year, and a 287.7% increase over two years.
China might use their excess dollars to get all the gold and silver they can. That would surely bug the Fed gang.
I read somewhere that China has about 300 tonnes of US silver, part of the deal of them taking so much debt off the US. Apparently the US reserve has very little silver
There's an article just posted on zh - China has offficially proposed to divest itself of 2/3 of its US Treasury holdings. http://www.zerohedge.com/article/china-proposes-cut-two-thirds-its-3-trillion-usd-holdings