I don't know who alerted me to this, but I'm posting for all my friends at Coin Talk. http://www.moneynews.com/Headline/Silver-Gold-Futures-Drop/2011/05/04/id/395084
Yeah, I read the entire article. Although I am not in a position to increase my holdings much, I certainly will keep what I have. It does seem the bottom of the Silver slides are always higher than the previous cycle. Profit taking is to be expected when the underfunded silver market can move on so little participation. I tend to agree that the employment picture is bleak. When housing is your largest manufacturing sector but made unattainable, problems are certain to follow. IMHO gary
So was it Soros who found out about bin Laden before everyone else and dumped a lot of precious metals on the market just a few hours before the announcement causing the dip earlier this week? Seems like prices have stabilized since then.
Bubble? Even Soros and the rest of the manipulators won't be able to keep the price down for long. The world only has a finite supply of silver. Silver and other precious metals are the next big bubble. Better get in now if you can.
Michael Vachon, a spokesman for George Soros, declined to comment. The fact that his spokesman declined to comment tells you a lot about the story. This headline is in the press because someone wanted it there and stands to make a lot of money if people believe it. If the headline from Wallstreet is to sell your Gold then it's probley a good idea to buy some. No different than a bluff in a good game of poker..................
