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S W
Member since May 2012
668 commentaries - 5 followers		5 followers
has posted a comment on the article :
>NOW Is The Time To Buy Silver!  - Silver Shield - 
Addenda to last comment

As of COT Friday Silver still in consolidation...however:

If I was short I would be out NOW for 2 main reasons.
1) it was a strong move
2) its in backwardation

A 'good work' hat tip to anyone who bought in near the low.
I no longer think it is such a risky trade given point 2 above

( long physical silver, physical gold, gold shares and short S&P mini 500)

Commented 4547 days ago
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Beginning of the headline :SilverShield, on May 27th, 2012 It has been 13monthssince May 1stSilver drive-byshooting of thesilvermarket. 13months ofaggressiveprice suppression,welltimedmarginincreases,naked shortselling andpricepropaganda. 13months ofof peoplestrugglingwiththeirdecision tobuyphysicalsilver. 13months of abattlebetween the Wall Streetpaper traders and thephysicalstackers... Read More
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