Thought I would repost this from 27-4-12
Sorry but I disagree, I think in the short term silver will fall to $28 and maybe as low as $25 and here's why.
I stand to be corrected but I think by the end of May all positions held on the Comex for the first time will be made public and secondly, I think position limits will be imposed. I am unaware of the size of the limits but I'm guessing around 5%-10% ?.
If this is the case JP Morgan will drive the price of silver down to unwind their shorts at a profit.
The good news is this may present a buying opportunity we may never see again as market forces take over and lead to an honest price discovery mechanism, of course this may force the major players to collude to continue price manipulation.
We live in interesting times.
Regards
Pablo.
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