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Message: star of the day

star of the day

posted on Aug 31, 2009 05:20PM

this came from bill murphy's daily commentary:

The star of the day was SILVER. After following gold lower in the early going and making a $14.54 low, it began to creep up slowly. Eventually it began to make new high after new high, even as gold struggled to stay above $950. Then, very late in the Comex trading session, silver went positive and began drifting up in impressive fashion.

I have been making note of late how silver appears to be trading differently … as if some serious big league players have moved in to take on The Gold Cartel/silver price managers. Today’s remarkable comeback is further evidence this is more than likely the case … especially remarkable because the DOW was weak all day, copper was bombed for 12 cents and oil fell more than $3 per barrel. In times gone by this was all The Gold Cartel needed to slaughter the silver price.

As stated here ad nauseam, this is just the kind of market action we need for Weird Silver, or Silver The Mule, to do its thing and explode.

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