View Full Version : RE:Good news bad news/theodore Butler
of one mine
9th June 2009, 22:19
HI all, The article states that only a few large banks hold the positions on gold aqnd silver and can put downward pressure on both. What about the silver stocks for mines, they are poised for upward motion according to the other artcle by theodore butler. So what could this conflict create?
Of one mine :confused:
Daphne64
10th June 2009, 09:22
I think of the gold and silver prices as being tied to the mining stock prices with a rubber band. Jerking on one will pull the other, but they don't move in lockstep.
Be prepared for more dirty tricks, but Ted is right that eventually the physical product will run out if the spot price of silver is held down too long, and there will be a lot of movement upward.
What is Truth?
10th June 2009, 20:35
Be prepared for more dirty tricks, but Ted is right that eventually the physical product will run out if the spot price of silver is held down too long, and there will be a lot of movement upward.
On the other hand he may be full of crap and just a shill of the silver mines who want us to believe it is true. Nothing like a cult of buyers & hoarders who are helping to keep the price of silver as high as it is.
SeekrBrnEvryMin
10th June 2009, 20:47
I'm hip. The more you study PMs and everything else, you can't possibly decide who is telling the truth. It's depressing. But you can't BS a feed-sack full of silver coin. Therein lies my hope.
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