"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, August 27, 2012

From a Website Billing Itself as the Corporate Propaganda Antidote...

...comes this little bit of propaganda:

The Ultimate 100 Year QUADRUPLE TOP BREAKOUT in Silver is Coming - and so is the Collapse

Ha ha ha...

This showed up in my inbox through a supposedly reputable source.

Ha ha ha...

You of course know what this headline means, don't you?  Seen the silver CoT lately?  Seems somebody does not agree.  It is really sad how this stuff comes out concurrent with images like the below all too often.  I am short against silver as a hedge to protect the quality gold stock core I have decided to hold through the coming volatility.  That short may or may not end up working out, but I can assuredly tell you that $800 silver is not coming round any time soon.















http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm

Subscribe to NFTRH or
Subscribe to the free eLetter

2 comments:

  1. While ripping $800 silver is all well and good, you are really stepping in front of 1 billion hard partying Indians [who can't afford as much gold as in the past] right at the start of festival season?

    You sir, have more guts than I.

    ReplyDelete
    Replies
    1. No luck really needed Coasta. It is just a partial hedge and risk will be managed... as usual.

      Delete