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Message: Re: Gold Transitions
4
vhf
Feb 19, 2009 05:11AM
2
Feb 19, 2009 06:29AM

Morn D

I'll respectfully dissagree.

"They are now trading "by the book" which tells me their is little "intervention" left."

The COTS show the hand of the same short sellers that have been around since the mid 90's. OE is comming next week and the number of calls currently "in the money" are large. This pounding is a repeat of years of pattern.



The fundamentals of the pms are stronger than in any point in my life. The unimaginable increase in global fiat, lead by the worlds reserve currency, should have gold and silver way above current levels.The pm stocks are just unbelievably under valued and there isn't enough stupidity to explain the current prices... well I guess that could be an exageration, there is more than enough stupidity to anwer most strangeness in the world.

If gold and slver close above their Feb highs next week, I will eat crow and tell the world what a nut I am

In the mean time, can I get in on that $25 silver bet? :)

2
Feb 19, 2009 08:29AM

Feb 19, 2009 08:49AM
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