Now that market manipulation shenanigans in silver have subsided, the longer term fundamentals driving prices upward have begun reassert themselves, namely excess printing of money by most major economies, fear of debt defaultsthe U.S deficit, , the political unrest in the Middle East & North Africa, the depreciation of the dollar, accelerating global inflation, the growth […]
Tag: Zoological Society of London
May 09, 2011: closing call Staying long Silver
the maxpain range compression startegy paid off; we saw a nice gap up at the open, and buying pressure all day in the indices and in silver especially. AGQ (2x silver) returned 14%+ , day over day, and offered a number of low risk intraday entries Oil, agriculture, and other selected commodities had their 2d […]
May 07, 2011: silver pauses in its downward slide
silver finds a temporary support level after a nearly 4 sigma selloff in 5 days. the slight recovery.holding of support allowed for a reasonable intraday trade to the longside, but Monday’s trade should be especially interesting. Failure below yesterday’s low will be an autotrade in ZSL, but a breakout above today’s High will be a […]