RE: RE: RE: RE: RE: RE: These two numbers have incWould have to side with Curv on this one.
Like Trump when he was about to go under years back - who had the leverage? Trump? Or the Banks that held his paper? Remember the 80's? Bogeyman was Japan was going to stop buying and/or start selling our bonds. Our Banks (China etc..etc..) don't hold a winning hand. Yea...they can divest, dollar as the worlds " reserve currency " will end badly like all the reserve currencies before it. That will take time.
Greenspan - the maistro - made sense the other day( for a change) about the Fed buying all the paper and bubble bailouts. " all it really did was reflate the banks and bloat their balance sheets ".
Silvers move was a parabolic run that popped. All parabolic moves end badly. What's upsetting to me is all the " one way bullish silver guru's " are telling their lemmings to pile back into Silver like nothing happened?
Look back I called the Silver collapse when it hit 50 it was no more than the US housing market all over again. A bunch of speculation and no real incremental demand!
Main correlation to the Housing bubble to Silvers run is leverage. Housing bubble should have people in jail - curently one person? Timmy on the AIG deal? Come on! Off message,,,
https://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20110511
You'll see " denial and anger " playout over the coming months. Silver like anything else is just a TRADE. Producers and hedgers didn't run it to $50. As i've said for weeks...red flags were everywhere! Sentiment and perception has flipped.
From $33 - up and back. SLV...watch how the rallies are sold. PM stocks don't believe it.
https://stockcharts.com/h-sc/ui?s=SLV&p=D&st=2011-03-11&en=%28today%29&id=p40141824443