something''''s not right here...I follow silver trading daily-and have for years.
I wrote this letter to a friend today and although it is not of any particular stock you can understand I am getting tired of those that are selling out their shareholders and undermining the base of the company-the longs-for quick profit:
Silver is at 14.53 today and has bottomed according to IBD and the charts.
With the exception of one spike top day-and the three spikes surrounding it-silver's high is 15.50.
So,silver has lost a dollar and is in the process of going to 18 now.
However,many juniors I own are BELOW THE AUGUST 18TH MARKETS CARNAGE LOW-WITH SILVER SPOT BEING $4.50 OZ. HIGHER TODAY.
It tells me that the banks and brokerages screw the small guy with the companies looking the other way-as it is their issued shares and their inside knowledge of news and discovery that is understood ahead of the small retail guy left hlding the ever-diminishig share.
It tells me nobody is in this market yet.
It also tells me those that short are thieves-going against their own sharehlders and really,this is organised theft at the highest level.