Silver at $16.72 down 0.65% Sunday open 6pm EST

Whoever controls this market wants to see Silver much lower.

 

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Me too........

 

I'd love to see silver below $10 and gold below $800.

 

I was going to buy a score of rounds this evening after selling a bunch of Zimbabwe Trillion dollar bills this weekend, but think I'll wait a few more days. Looks like I might get them cheaper if I can be patient.

 

Would that be the buyers or the sellers?

 

Well, since you can only take out short positions on the Comex Silver futures market, I guess the sellers. Long contract options are no longer available since August 2011.

 

The lowest silver is going to go is $12

 

I'm excited to see silver drop but upset at some of the silver I've purchased when it was higher. Hopefully the bit I have isn't going to go to face value!

 

It's bouncing off of $16.70 even as we speak. I hope it holds, because that is where they said it would bottom. Maybe we are at the turning point. Tonight's close will tell...