He is not impressed by today's Kamikaze attack on gold and silver.
The fact of the matter is that a lot of bullion silver was picked up cheap again at the near future expense of the woeful shorts. Now they're in even deeper. I think we will see a qucik, sharp rebound...which makes the price of ECU that much sweeter down here.
Seeing some green now in silver and gold stocks like Franco and Elderado...and many other big producers regaining ground with many not down more than 1% after a vicious, hit and run take down in the leveraged paper markets.
More ammo for the multiple law suits being announced almost daily against the big silver shorts, JPMorgan and HSBC.
I would not be surprised to see ECU run fast on Monday...and into nice numbers next week. We have a sale at these prices after that nice NR.