RE: RE: RE: RE: Very excited..........Tsk, tsk, fire fly...please don't buy. I do believe the shorters are getting nervous?
As for the too-cocky-by-half shorters, I really believe they do not understand the fundamentals of this
stock or the changing dynamics of the precious metals markets. They probably don't even know what a good gold analyst is. They are following the same old tactics that have worked so well for them in the past many years. They have not yet realized that the game has now changed and that the good old
cartel is in deep trouble. Sorry boys, the reinforcemnts are not showing up any more. They have their hands full with the US Justice Dept. and fraud charges.
SFMI is symbolic of the new, breaking dawn for the
JPMs. The shorters do not seem to understand that SFMI is not your standard JPM that needs millions of $ investment by way of dilution and years of drilling, studies, infrastucture
construction, mill construction, permits and much more..because it already has those. How can they be so blind? Arrogance? Or do they just think they can naked short until they smother the
stock...like they have done thousands of times before to other hapless stocks. This time it is different...and they will have to capitulate sooner or later. I wonder when it will hit them?
This is truly the beginning of a new
investment age for gold and silver stocks ladies and gentlemen. Those that have lucked upon SFMI and several others recently have indeed hit good fortune. The feeding frenzy will come along shortly. Are you ready?
(Thanks to GWR for the following)
Brien Lundin: Sometimes the little guy does win
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Submitted by cpowell on 04:32PM ET Tuesday, May 11, 2010. Section: >https://www.goldnewsletter.com/
Silver, in particular, holds explosive potential right now. On Friday, the metal shot up 73 cents (4.13 percent) for no apparent reason. But the cause may have surfaced over the weekend, with a news story in the New York Post that the Commodity Futures Trading Commission and the Justice Department were opening civil and criminal investigations into possible manipulation of the silver market by JPMorgan Chase.
This was blockbuster news, with huge implications. Short-term, it may have prompted a short-covering rally in silver last Friday. Longer-term, it may force JPM and other major silver shorts into covering their positions ... which could very quickly force silver far higher.
There's another thing this tells us: Sometimes the little guy does win. Our good friends at GATA (the Gold Anti-Trust Action Committee), particularly Chris Powell and Bill Murphy, have worked tirelessly for over 11 years now, trying to draw attention to the manipulative activities of bullion banks and their governmental overseers in the gold and silver markets.
They deserve the undying thanks of every precious metals and mining stock investor for their unflagging dedication to the cause. They've worked hard for this ... and now the payoff may be near.
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