Certainly a movement of 1000 points is good for trade and we love to trade, but have u ever wondered when the economy is totally battered, how come the gold and silver can fall??? Y should we worry? As long as we make money there is no trouble right?Wrong, in COMEX a well known bank has shorted 40% of the silver… in short it kept on selling to ensure its friendly bank which has been burdened with the labor of holding physical silver does not suffer… as there is no physical silver!!! They are now in BUY positions as the contract is closed, GOLD gets closed too, as you will know 5 trillion was the money allocated for commodities and it has already crossed 60 trillion as a result the market is being manipulated by banks to their whims and fancies. Think. How come in INDIA too it is occurring? Are their sister concerns trading here… I have uploaded a video in youtube check it out… if you need the data i will supply u the data which could be downloaded from CME site 11.8 million oz + .556 million oz + .200 million (options exercised) = 12.556 million oz is the physical quantity that has to be served. and they have served only 3,40,000 oz !!!!!! IN SHORT NO PHYSICAL SILVER IS AVAILABLE AND BY BRINGING THE MARKET DOWN THEY MADE SURE ALL THE GUYS HOLDING LONGS ARE FORCED TO SELL……. AND FROM FRIDAY SILVER WILL RISE , AND WE LIKE MORONS WILL TRADE TO COVER THE LOSSES, IT IS TIME TO USE THE RTI IN INDIA FOR COMMODITIES. WHAT SURPRISES ME IS THE LACK OF CLARITY IN INDIA.
Regards,
TEAM ROC
PS: I WOULD NOT TELL THAT THE BANK THIS TIME IS HSBC WHICH NEEDS TO DELIVER SILVER PHYSICALLY AND IT WAS JP MORGAN WHICH BROUGHT THE COMEX DOWN IN SILVER AND GOLD AS I REALLY DONT KNOW…..THINK WHEN CONSUMER DURABLE DATA IS BELOWWWWWW WHY DID SILVER FALL THINK???then how did it rise??
