Re: Price Action
in response to
by
posted on
Dec 15, 2010 02:53PM
(Edit this Message from the "Fast Facts" Section)
It won't matter that much. Check out what is happening to the whole JPM market today in Canada..like ECU with a billion ounces silver and more....and Silvercorp with great news and ready to rock. The Cdn. markets are ruled via the big banks and Wall St. ....it goes on and on. Every BB you go to thinks their stock is the only one until they look around...and the shorters, crooks and bashers take full, immoral advantage of it. Of course, with SFMI, with good news pending, the games are a little different here as some shake the weak holders out and try to get in cheap.,,before revenue news, new apponitmets etc.
Today we see the usual manipulation of the bullions and the stocks...$US pushed up on diversion via Euro and Spainish, Belgium possible credit rating reduction. All the focus is on shorting the Euro against the $US which... is changing soon and the $US starts to dive again. Then we are coming to options expiry...and hiding inflation..and treasury sales...QE by the billions...and Obama on TV today...etc.
In the meanwhile the Chinese and a cast of thousands are busily grabbing/gobbling up gold and silver both in paper and physical .... happy for the bargain basement gifts courtesy of the mobsters in the US and Britain, more desperately and flagrantly ignoring the rule of law and trying to hide tracks that will surely be their demise. Heck the Chnese are asccumulating gold and silver at a quickening pace as they also buy up the debt of the EU...and get nicely positioned in Africa and South America..and dam near every where else. Meanwhile, as about 40 US states can't fford to pay their bills or even their interest rate on their debt, the big banks line them up for the slaughter ..and total power over the governments.
As you know there aren't enough hours in the day to go on....so. The upside is that SFMI will be going up.