http://seekingalpha.com/article/162368-a-silver-takedown-s-currently-in-progress?source=yahoo Like it or not, the torpedoes are in the water and heading gold and silver's way. -$50 for gold; -$2 for silver.
Im not sure I necessarily trust that article, seems like alot of monetary fear mongering. I'm sure there will be dips now and then, but I don't think they are getting torpedoed by any means.
What it boils down to is whether or not to believe the author of the article, Ed Zimmer, who has no apparent training or credentials to support his predictions other than that he reported on what others did. Yankee, I think you are overly impressed by what you read. "Ed Zimmer is a graduate of The School of the Ozarks (now known as College of the Ozarks) in Southwest Missouri. He spent 14 years in broadcast news in the Midwest covering, among other things, commodities. He is currently manager of a healthcare support facility doing over two million dollars a year in sales."
Heck I want GOLD AND SILVER to DROP like a ROCK! Gold to go under $400/oz and silver under $8/oz so I could buy the crap out of them cause eventually the price is just going to rise back up again so CHEERS! to the torpedos and I hope they hit the mark! sink gold and silver and maybe platinium too EDIT: also the way I see it I don't see alot of people really willing to buy alot more gold and silver it it drops $50/oz for gold and $2/oz for silver it's not a big drop to allow people to buy in that much more then right now whether gold is at $1,000/oz or at $950/oz I can't afford and oz either way
Looks like the first torpedo missed... [FONT=Verdana, Arial, Helvetica, sans-serif]MARKET IS OPEN[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif](Will close in 11 hrs. 9 mins.)[/FONT] MetalsDateTime (EST)BidAskChange from NY Close GOLD 09/22/2009 06:06 1016.40 1017.60 +13.40 +1.34% SILVER 09/22/2009 06:06 17.22 17.26 +0.39 +2.32%
