637.5M oz Paper Dumped As FOMC Minutes Released - BUT...

Discussion in 'Silver' started by VRS, Apr 4, 2012.

  1. VRS

    VRS Well-Known Member Silver Stacker

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    637.535 MILLION OUNCES OF PAPER SILVER were dumped on the market in 1 hour after FOMC meet yesterday - resulting in a massive silver decline of. US$0.65

    I think that's called dodging a bullet - could've been a lot worse - (or a lot better if your strategy, like mine, is buying the dip)

    :D x

    [​IMG]
     
    VRS, Apr 4, 2012
    #1
  2. Silverbullet08

    Silverbullet08 New Member

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    BUY BUY BUY, SELL SELL SELL...
    HOLD??
     
    Silverbullet08, Apr 4, 2012
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  3. gbickle

    gbickle Member

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    from http://harveyorgan.blogspot.com.au/

     
    gbickle, Apr 4, 2012
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  4. SantozSilver

    SantozSilver New Member

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    i assume the owner 637.535 MILLION ounce silver bombed at position $33.2 to create that graphic, and buy it again while $32.2. IMO he/she still got 637.535 MILLION as a profit within a day

    i thing that is called "easy money" :D
     
    SantozSilver, Apr 4, 2012
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  5. landinggear

    landinggear New Member

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    wow, they had to throw 2/3 rds annual world wide silver supply at the market with un-backed paper to drop it only a few cents. The desperation grows........
     
    landinggear, Apr 8, 2012
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