Friday, September 23, 2011

LBMA Smacks Sillver to $32, COMEX Up Next

Silver has been taken down another 10% in Friday's LBMA session.
Silver bounced almost exactly at its lows from the May correction just north of $32.
Look for the cartel to attempt to take out $32 shortly on the COMEX open.
$32 needs to hold, or else you will see a 2008 like buying opportunity with $25 to $28 coming into the picture.
It is becoming apparent that this "IS IT"

Live 24 hours silver chart [ Kitco Inc. ]