Apostolic Friends Forum - Silver Sell Off

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ILG	05-04-2011 08:52 AM

Silver Sell Off

Do you think the sell off is completely controlled by George Soros? What do you think is going on?

coadie

05-04-2011 11:30 AM

Re: Silver Sell Off

Quote:

Originally Posted by ILG (Post 1063688)

Do you think the sell off is completely controlled by George Soros? What do you think is going on?

Quote:

We will watch the bounce to see just how fast silver can recover as many are seeing this drop as the last big buying opportunity

Soros tried to manipulate a set of currency markets. He gets his wealth on shorts. He is the type that gets hundreds of millions selling naked shorts.

ILG	05-04-2011 11:39 AM

Re: Silver Sell Off

I have a feeling that this is just a blip on the bigger screen and than it will drop off briefly before it goes up again.

So, what you are saying is that everything is based on shorts? Apparently JP Morgan has sold a ton of silver shorts.

Praxeas

05-04-2011 12:14 PM

Re: Silver Sell Off

The entire market is manipulated.

The dollar is sinking and the Feds do nothing. Gold is soaring and someone that owns a ton of gold is gonna be very very rich beyond what they already are

That includes GS

coadie

05-04-2011 12:44 PM

Re: Silver Sell Off

Quote:

Originally Posted by Praxeas (Post 1063834)

China was buying gold. Gold is up and dollars are down.

ILG	05-04-2011 01:44 PM

Re: Silver Sell Off

Gold and silver prices have gone down quite a bit in the last few days.

http://www.marketwatch.com/story/gol...dist=countdown

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