Message:

<p>[QUOTE=&quot;desertgem, post: 1049271, member: 15199&quot;]I suspect that the $30 mark will be an important level, once maintained for a day or two, as it would prove&nbsp; that such levels are possible. The conflicting scenarios is that many large funds are holding significant short positions ( legal or illegal) and would like the level below $28-$30, at least until option expiration this month, so they could ( if they wanted) unwind their short positions a little as the more silver goes up, the more it would cost them to do so.&nbsp; The question is my mind is whether they would take the chance of influencing the market with regulators watching?&nbsp;&nbsp; If I was such a group of funds, I would concentrate on manipulating for 1 or 2 days to close out some shorting and then reversing and go with what ever happens.</p><p><br /></p><p>But also, the euro/dollar ratio will be important. If the Euro improves significantly, it will help ( but maybe not accomplish) the increase of silver in USD, and visa versa.</p><p><br /></p><p>Keep an eye on the dollar index Sunday night and before the market opens Monday here in US. It will also help if Ireland doesn&#039;t rebel or the Korean war reignites. AIMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in