The combination of the death of OBL and the overseas selling of silver will make the mornng session a roller coaster ride.
Spot silver is already well off its overnigfht bottom, but its a certainty that there will be another selling rush at the open. Cool hands will be buying, as the economics of silver and the US debt have not been changed by the overnight news.
Longer term: tech still lags but with clear leadership in the sector cioming from INTC
Biggets gainers in the US are the large cap “staples: WMT, JNJ, MRK, MCD, KO
BHO is a lock for re-election if he can get thru the budget negotiations by looking Presidential and protecting the people
Related articles
- 3 Weird Things About Tonight’s Huge Silver Selloff (businessinsider.com)
- Guy Adami Says Silver Has More Room To Run (benzinga.com)
- CONFIRMED: Silver Is Just Apple In Disguise (businessinsider.com)
- This Week In ETFs: April 30th Edition (businessinsider.com)
- WHOA: Silver Is Getting Demolished Right Now (businessinsider.com)
- iShares Silver Trust Set To Grow Even More With New Shares Sales (SLV) (247wallst.com)
- Caught In The Hype (benzinga.com)
- Silver Spikes And Corrections (benzinga.com)
- POLL: Are You Invested In Silver? (SLV, PSLV) (businessinsider.com)
- Silver (ritholtz.com)
