call nasa silver take off, page-7

  1. 6,389 Posts.
    IMO you won't see silver at any price level like that for a long while.

    The powers that be still have too much control over the price and are able to do those multi-million ounce dumps that crash the price of silver during those dull periods of time during spot trading.

    You'll know that silver is going to go way up when the price moves up by a buck a day or more for several days in a row.

    When was the last time you saw silver move up $2 in one day? All those multi-dollar moves have been to the downside.

    The most interesting item in silver's near term future is going to be how many ounces will stand for delivery on the December contract.

    We should know by Monday and then the question becomes how many of those will take fiat rather than physical.....

    A 30 million ounce delivery moth would be nice. A 50 million ounce one might see silver at $40.............



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.