Sorry for the late reply. My thoughts on the fact that gold and silver are basking in the light of more up days than downs is that I am having more up days than downs. And I hastyen to add that I am nor being facetious in saying that. I just posted this on SH:
Good points on the PP impact + hedgies + low volume/liquidity... All this is changing before our beady littles eyes.....
Just imagine how bloodshot the beady little eyes of the shorts/hedgies are getting as we speak.
Of course, we have the short term and day traders....many of whom must be in a sweat as well. I bet they are all hoping like H that "someone" will get ECU back down under $2 today. How many more days til they break?
Then the above mentioned are all hoping for the "big crash" theory to take place so they can make a buck or get back onside. THE one thing I know is that "THEY" will pump out many more Trillions to keep the DOW afloat since that is all there is left for them between keepng afloat and all hell breaking loose to the downside, the deep, deep downside.
Can anyone say "hard asset/currency/gold/silver?"
The pressure builds and builds and builds....
