GREY:COLUF - Post by User
Post by
dannblackon Apr 15, 2010 8:53am
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Post# 16993957
Americans: Happy Tax Day!!!!!!
Americans: Happy Tax Day!!!!!!
Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same. - - - - -Ronald Reagan
"As you are aware, dear reader, the bullion banks have been piling on the short positions in both gold and silver during their respective rallies that began on February 7th, so I'm sort of on the lookout for an attempt by them to rig a sell-off... which they are quite good at. Although JPMorgan appears to not be adding to their short positions on this rally in both metals, they still sit on a huge short position [especially in silver]... so nothing would surprise me when it comes to the price action as we head into the May delivery month for silver.*** And to top it all off... tomorrow's Commitment of Traders report will be wall-to-wall ugly in both silver and gold.".......Ed Steer 04/15/2010
***As JP Morgan is an unofficial arm of the FED, their agents are not bound by borders or regulations. A possible Buying Opportunity for silver/precious metals in the not to distant future????????.......dannblack