southerncross said:
best we hunker down an seek safe ankorage wile ye redy for da battle ahed...
Indeed SC! Patience will see us through this season of testing. Both metals are biding their time, doing their exercises and building up their strength. Let's wish them both well and not rush them.
When the time comes they will stand up straight, and with a single blow knock their tormentors out of the arena!
The silver chart is literally riddled with bullish indicators, and open interest is at a multiyear low right now. So there is very little downside and heaps of upside potential.
Europe is still ticking off its never-ending list of dumb way to take someone else's money; the fallout from MF Global continues to escalate globally and has a long way to run yet, and somewhere in Europe there are some banking chiefs who really WISH their only worry was watching the price of silver go up and down after work!
Something's going to give - and it might not be a happy Christmas for many people in the EU.
JPM are after the 200day moving average in gold now. They might try for it tonight or tomorrow.
Hope everyone is out buying tonight. This price will be a happy memory one day - but it's yours for the taking right now!
http://forums.silverstackers.com/uploads/910_investments.jpg
SPOT : USD $ 30.65 and tanking!