Showing posts with label Comex. Show all posts
Showing posts with label Comex. Show all posts

Monday, July 25, 2011

Cartel Smashes Silver on COMEX Open

Live New York Silver Chart [ Kitco Inc. ]Silver received the usual treatment on the COMEX open this morning. A surge on the COMEX open challenging the $41 level induced quick action by the cartel, knocking silver from $40.96 to $40.26.
It appears that the t1/2 of the latest silver smash is roughly 90 minutes, as silver has already retraced almost all of its losses in the smash, with a last quote of $40.83!
As we have said repeatedly, if silver can take out $41 convincingly, silver should challenge $42-$43 in a flash, as momentum traders pile back in to the shiny gray metal.

Sunday, July 24, 2011

The Life of a Silver Hitman

Move over Silver Bears...The Silver Robots are here!

SilverDoctors' reader Cleburne61 has created a MUST WATCH animated update on the silver market.
The cartel is losing its grip on the silver manipulation.
Its so obvious even a robot can see it!