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December 15, 2011

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18 Comments
    Dec 15, 2011 15:07 PM

    Hi Rog,

    Really not worried about the smash. Took a small position today and will take more when/if it drops further. My thoughts are this will shake out over the next month and we go back to rally on or near Jan 15. Just my thoughts. Sure we may see the famed “Santa rally”, for a brief moment, but it will be very short lived.

    Preparing,
    Lynn

    Dec 16, 2011 16:23 AM

    LYNN…DITTO

      Dec 16, 2011 16:56 AM

      Lynn… DITTO #2 (it´s what I wrote a week ago)

        Dec 16, 2011 16:30 AM

        ANNA….YOU ARE CORRECT..DITTO TO YOU….THERE IS A LOT OF” DITTO-ING GOIN ON”
        ALL GREAT MINDS THINK ALIKE…

          Dec 16, 2011 16:48 AM

          I’ll DITTO that.

            Dec 16, 2011 16:07 AM

            Anna ……I told you all great minds think alike.

            Dec 16, 2011 16:52 PM

            Amen, All.
            Our payday is coming!! No doubt about it!! When it looks the worst, the most bleak, that’s when you’re just about to turn the corner. This may be the last good buying opportunity for the physicals at these levels.
            “Don’t question in the dark what made sense in the light”
            Best,

            Dec 16, 2011 16:58 PM

            castanheiro…..great comments.

    Dec 16, 2011 16:51 AM

    Lynn: If we get a santa rally it should be Monday and with maybe some help this friday on a shares rally- Commodities seem to have a bottom but one day is not a trend – roger

      Dec 16, 2011 16:40 AM

      Hi Rog,

      Take a look at the WMA’s… You might just see things from a different angle 😉

      Preparing,
      Lynn

    Dec 16, 2011 16:28 AM

    Don’t be afraid? I am afraid. Given the almost media blackout on MF Global, the $750 million spent to get BHO in office, Fast and Furious, the derivatives held by US Banks, their naked shorts of metals, this hypothecation caried out by their UK subsidiary, I am afraid short term. I can hope that silverrises to 40 so I can break even and begin to make money on my ag.

    But JP and their partners in crime are at war against you and me.

      Dec 16, 2011 16:02 AM

      Hi James! First we must wait for a $Silver London closing (fixing PM) under 28.16.
      After it, it will be fun to watch how it runs.

      Dec 16, 2011 16:57 AM

      James….yes JP M….IS SHORTING LIKE CRAZY….BUT, I JUST READ AN ARTICAL
      AND that says they ARE BANKRUPT..
      Bass….just wrote a story …and says that Comex…is short on physical…
      some of the big players are going to take delivery…and when the big
      boys start taking delivery you are going to see $60.
      Sprott…is telling the silver miners to keep inventory…instead of putting on
      market…
      Sooner or later , the shortage will appear, and like supply and demand,,,prices are
      going to rise.
      One negitive note. Bob M…(321 GOLD)….thinks there is plenty of silver….
      and he most like is correct….but, they got to get it out of the ground, and
      that takes time..
      So…do not be afraid,,,unless you are on margin…..

    Dec 16, 2011 16:04 AM

    James….good news for you….
    Directions…go to King World News (KWN)…listen to:Egon von Greyer 12-16-11
    and he will give you comfort as to why to hang in there….respectfully..Jerry ootb

    Dec 16, 2011 16:38 AM

    Everybody – As they say in the Olympic Games – GO FOR THE GOLD!

      Dec 16, 2011 16:11 PM

      Yes……….. & if you cant go for gold, go for silver, but DONT GO FOR PAPER………………….. Physical is where its at….Stick in there people, you will be rewarded.

        Dec 16, 2011 16:02 PM

        Amen – Irish – Yeah, this is probably the only time, actually where it might pay to be in silver -than gold!

    Dec 19, 2011 19:08 AM

    Santa gave us a lump of coal on this Monday 12-19-11…not rallies. Reason: Lack of news flow. We need something positive from European bankers, Chopper Ben or the IMF. I am thinking now the IMF runs in to save Europe when they go worse. Then they ask for their gold as collateral to steal it. I hope those nations tell the bankers to get lost, stiff their loans and go back to their old currencies. Then bonds can crash and we go back to page one and start over. The longer this lingers the worse the endings. Back door bank runs are hitting the big boyz and commercials. Only the Greek retail so far but its coming to hit the retail in other nations. Looks like an Arab spring in Russia which surprised me considering the govt controls and power. The whole world is ripe for change and its coming faster than ever. -Traderrog