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Message: a rally!

a rally!

posted on Sep 22, 2008 01:04PM

today was a rally day! i had almost forgotten what those look like. maybe the general public digested the news over the weekend and realized we were about to spend $1 trillion that we don't have. or maybe the bullion banks finally covered some shorts on the comex.

i prefer a simpler explanation. the 10-ounce bar of silver i ordered back on sept 11 arrived today. there was no delay at all, but now that i know there's a dealer who actually has silver, the price is already almost $3/oz higher than it was then. so there's my explanation, it was my purchase of physical silver that started a stampede in the silver market, and now everyone is scrambling to buy bullion.

i've always said physical silver is their weakness. i just didn't think it would start with 10 ounces.

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