re: silver, page-3

re: silver Well I've gone long silver at 9.65. Time for below market limit orders, time to play catch. Feels like a capitulation bottom. Bernanke's talk of controlling inflation, has led market to price in about 4 rate rises, he has 2 max up his sleeve. With resultant flight to liquidity to buy US treasuries, hence US dollar up and about every other asset down. US consumer is already tapped out with a negative savings rate. When market realises Bernanks can't front up the US dollar will come down hard.