Silvercorp Metals Inc. T.SVM

Alternate Symbol(s): SVM

Metals & Mining Industrial Metals & Minerals

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.

TSX:SVM - Post by User

Silvercorp Metals Inc.

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Comment by stockcharmeron Dec 13, 2009 8:54pm

272 Views

Post# 16582969

RE: RE: RE: RE: Ted Butler Dec 12 Audio

Hey there Pokerchamp,

you were wondering whom to believe.

well I will just take a few minutes to explain some things to you.

When I comes to the metals markets, You cannot only go by TA. It just doesn't work. If you want to understand the markets you need to understand manipulations and economics as well. This "game" is tough to figure out.

Silverwhere is correct in pointing out Ted Butler. You have to understand the COT,bullion banks, whats happening to the USD and many other factors.
When I told people to buy last week in 2 days they did well. This was against all the TA views. It has taken me 22 years to sort of "get it" right.
Here is the spot price for the metals so far. Dec 13/2009 853 pm est

MARKET IS OPEN (Will close in 20 hrs. 25 mins.)
	Metals	Date	Time (EST)	Bid	Ask	Change from NY Close
	GOLD	12/13/2009	20:51	1119.80	1120.80	+4.70	+0.42%
	SILVER	12/13/2009	20:50	17.24	17.30	+0.11	+0.64%
	PLATINUM	12/13/2009	20:51	1421.00	1427.00	-6.00	-0.42%
	PALLADIUM	12/13/2009	20:50	361.00	366.00	+3.00	+0.84%