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VKMHVM2 · 03-21-2008, 10:40 AM

March 20 Market Update: Nobody Wants Silver So Badly, You Can't Buy Any

by Edgar J. Steele

It's just like pro rasslin', maw. He's up ... he's down ... he's been thrown completely out of the ring and landed in the laps of New York's governor and his ... is that his wife? What's this? Silver is down yet another dollar today, after being down over a buck and a half yesterday? So, the stock market must be up a gazillion points, eh? Nope.

Then, the dollar - they must have struck the world's biggest gusher on the White House lawn? Nope. But the dollar is up - way up. Will it stay up? Nope.

This is a simple takedown, folks. Artificial manipulation by the big boys, designed to force out what they dismiss as "weak hands" holding silver. Well, don't pay attention. We're in this for the long haul. In fact, if yesterday was such a great time to buy more silver, then today must be an even better day, right? That's absolutely correct! Go the head of the line and really load 'em up this time!

Aggravating this is the exit from paper silver of those who have gotten too nervous by this manipulated and phony downtake. My pal the chart freak says that this is a standard Fibonacci retracement from a base price of $9.85. Meaning that those who bought in on paper (ETFs and futures) at around $9 or $10 now finally are selling and counting themselves lucky to have the profits they just booked. Standard stuff, he says, while silver consolidates and builds a new base in this area, preparatory to heading higher...much higher.

One day soon, paper silver will be shown to be the fraud that it is when sellers are unable to deliver the physical that somebody bought. Then physical will rule. That is when the moon shot comes. And, to be on board, you have to be holding the real thing, physically...in your hands.

Meanwhile, local dealers have jacked their margin up from .50 an ounce to .85 and higher. APMEX pushed theirs up 9 cents yesterday and today, you can't even buy anything from them except 100-oz bars, "generic" .999 silver and junk coins.

So, nobody wants silver so badly that its price takes a $3 nosedive in the course of about 24 hours. On the other hand, just try to find some to buy. When you do, the dealer is jacking up the price. Nobody wants it so badly, you can't buy any! Go figure. And go buy some, while you are at it.

Right now. This minute. Don't ask why. Don't ask what. Don't ask when. Just do it.

03-21-2008, 10:40 AM	#3 (permalink)
VKMHVM2 Senior Member Join Date: Aug 2007 Location: NYC Posts: 2,789 My Mood: Thanks: 86 Thanked 61 Times in 48 Posts	March 20 Market Update: Nobody Wants Silver So Badly, You Can't Buy Any by Edgar J. Steele It's just like pro rasslin', maw. He's up ... he's down ... he's been thrown completely out of the ring and landed in the laps of New York's governor and his ... is that his wife? What's this? Silver is down yet another dollar today, after being down over a buck and a half yesterday? So, the stock market must be up a gazillion points, eh? Nope. Then, the dollar - they must have struck the world's biggest gusher on the White House lawn? Nope. But the dollar is up - way up. Will it stay up? Nope. This is a simple takedown, folks. Artificial manipulation by the big boys, designed to force out what they dismiss as "weak hands" holding silver. Well, don't pay attention. We're in this for the long haul. In fact, if yesterday was such a great time to buy more silver, then today must be an even better day, right? That's absolutely correct! Go the head of the line and really load 'em up this time! Aggravating this is the exit from paper silver of those who have gotten too nervous by this manipulated and phony downtake. My pal the chart freak says that this is a standard Fibonacci retracement from a base price of $9.85. Meaning that those who bought in on paper (ETFs and futures) at around $9 or $10 now finally are selling and counting themselves lucky to have the profits they just booked. Standard stuff, he says, while silver consolidates and builds a new base in this area, preparatory to heading higher...much higher. One day soon, paper silver will be shown to be the fraud that it is when sellers are unable to deliver the physical that somebody bought. Then physical will rule. That is when the moon shot comes. And, to be on board, you have to be holding the real thing, physically...in your hands. Meanwhile, local dealers have jacked their margin up from .50 an ounce to .85 and higher. APMEX pushed theirs up 9 cents yesterday and today, you can't even buy anything from them except 100-oz bars, "generic" .999 silver and junk coins. So, nobody wants silver so badly that its price takes a $3 nosedive in the course of about 24 hours. On the other hand, just try to find some to buy. When you do, the dealer is jacking up the price. Nobody wants it so badly, you can't buy any! Go figure. And go buy some, while you are at it. Right now. This minute. Don't ask why. Don't ask what. Don't ask when. Just do it. __________________ It's All Here! Dr. Albert Pastore: An Independent Investigation of 9-11 and the War on Terrorism Last edited by VKMHVM2; 03-21-2008 at 10:42 AM.
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