Security/ silver, nice time to buy
Posted by zog
on May 6, 2011, 5:40 pm
Silver speculators took a beating this week as the margins they are charged for paper contracts doubled. So a lot of physical had to be sold to cover their bets and debts. This served to help the goons keep it from breaking out above fifty bucks, which it was going to do a week ago.(it actually was trading above fifty there for awhile, the real stuff...) It was an emergency last ditch effort on their part to keep their phony paper concurrency schemes running. anyway, it's a freaking bargain right now....
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