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<p>[QUOTE=&quot;qsilver007, post: 1512387, member: 34667&quot;]FROM A WALL STREET PERSEPECTIVE</p><p><br /></p><p>With bonds still near all time highs yes they are off five point in the past tow weeks but thats becasue the machines are buying the stock market to new highs</p><p><br /></p><p>as long as ecb and fed can keep making statements that the new wave algo traders believe ie &quot;we will save the euro&quot;</p><p>&quot;we will do what ever it takes&quot; &quot;we will use stimulus when ready&quot; as long as the machines keep buying the stock market on this there will never be an official qe</p><p><br /></p><p>qe one and 2 were total flops, where all that was accomplished was getting the stock market back to where it was pre 2008 but causing massive surges in commosity prices</p><p><br /></p><p>i cant predict the future, but 58:1 silver gold ratio is too low, it was our great govt that pegged it at 15:1 in the early years, thats where the hunt brothers pushed it back to in 1980 49 silver vs 850 gold</p><p>just last year it got to 31:1, what changed? machines got smoked long silver so they keep selling now, they got burned long at 49 they will get burnedshort at 28.</p><p><br /></p><p>as for platinum, we can talk about all the practical use of gold vs platinum but in todays world fundamentals unfortunately do NOT matter.&nbsp; the ZA platinum story came out on reuters sunday nite you had 4 days to buy PL under 1400, never went againt you and voila they re break the story....stock market making new highs all the machines panic to cover short.&nbsp; PL went up 28.00 in 16 seconds???????????? im bullish it so im happy but let be realistic that not fundamentals</p><p><br /></p><p>or the knight trading deabacle where they punched radioshack up 25% in 30 min, store is ok but cmon</p><p><br /></p><p>no one noted that same day of the knight debacl silver was mysteriously hit for 75 cents right on the comex open and bottomed 4 min and 54 sec later</p><p><br /></p><p>platinum dropped 38.00 in the exact same 4 min 54 sec check the tape if you like those arent fundamentals</p><p><br /></p><p>these drops were noted as nervousness before the central banker meetings, wonder what would happen if the dow dropped 400 points in 4 min?????????????</p><p><br /></p><p>i think we all in here are bullish metals and probaly have been since silver was in the single digits and PL was 400 bucks</p><p><br /></p><p>yes with etf there are tons of people in these markets that have no idea why they are long or short</p><p><br /></p><p>as i stated earlier the violence and rioting in ZA started sunday nite at the lonmin mine took 4 days for the machines to take not</p><p><br /></p><p>a month ago inplats suspended ming for over two weeks pl dropped fifty dollars in that time frame, but back the &quot;europe was a problem&quot;</p><p><br /></p><p>if you like precious here i especially silver and platinum, gold is kind of blah and you know or understand options use a structure that you think is profitable</p><p><br /></p><p>if you think up buy a call spread in jan slv</p><p>if you are nervous about euope and you own some physical, buy some puts, either way with vol at a 6 year low it is very cheap insurance or a bet, and u can save yourself money or make a bunch</p><p><br /></p><p>just my thought going to sleep kid sleeps i sleep</p><p><br /></p><p>check in again this weekend[/QUOTE]</p><p><br /></p>

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