Monday, May 9, 2011

Can the Silver Bloodbath Continue?

While the majority of those in the silver community believe silver is headed back to the moon this week, Clive Maund states his case for a continued attack on gold, silver, and commodities by the Fed.
We believe this is a definite possibility, the Fed could continue the carnage this week by officially announcing that there will be no QE3. This would likely induce an even further rout in silver (and to a less extent gold), as well as knocking oil and other commodities back to a level the cartel is more comfortable with prior to the actual backdoor beginnings of QE3.



Click here for entire commentary from Clive Maund: