A Few Thoughts

[webmaster]

Subject:A Few Thoughts
By: Theodore Butler

Overview: I had planned to skip writing an article this week, but today’s sudden drop in price persuaded me to pen some thoughts. Ironically, the short term prospects for silver looked pretty good going into today. The market structure, as defined by the Commitment of Traders Report (COT), appeared OK, and persistent reports of tight physical supplies should have supported the market. So why the sudden swoon?

Link: http://news.silverseek.com/TedButler/1211910972.php

[cassowary]

CDE's Booooooooo-livia mine is set to start up any day, hour, or minute now. The CDE short side is frantically! trying to cover.

An astonishing 11 million CDE shorts were covered last week alone. Goddess knows how many more today. And the stock price is CREAMED??? Unheard of! and it more or less proves that there is some massive swapping of positions going on.

Note that CDE's production jumps by 40 percent with the start-up of this new mine, NONE of which is currently "in the stock."

Note, too, that at the same time CDE's massive short-covering made the "Five Greatest Decreases in Short Positions" in the entire market last week, Allianz - the fairly LIGHTLY traded Mother Ship of European silver shorts - made the "Five Greatest INCREASES in Short Positions" in the entire market last week, an historical first!!!

Massive, massive pre-positioning in silver going on. Gold is an afterthought for the Ninnies this time around. Silver is key.

You may contact me if you wish to discuss this further.

The Bird

[silverbuggy]

Originally Posted by cassowary

CDE's Booooooooo-livia mine is set to start up any day, hour, or minute now. The CDE short side is frantically! trying to cover.

An astonishing 11 million CDE shorts were covered last week alone. Goddess knows how many more today. And the stock price is CREAMED??? Unheard of! and it more or less proves that there is some massive swapping of positions going on.

Note that CDE's production jumps by 40 percent with the start-up of this new mine, NONE of which is currently "in the stock."

Note, too, that at the same time CDE's massive short-covering made the "Five Greatest Decreases in Short Positions" in the entire market last week, Allianz - the fairly LIGHTLY traded Mother Ship of European silver shorts - made the "Five Greatest INCREASES in Short Positions" in the entire market last week, an historical first!!!

Massive, massive pre-positioning in silver going on. Gold is an afterthought for the Ninnies this time around. Silver is key.

You may contact me if you wish to discuss this further.

The Bird

usually a stock rises if shorts cover their position. but CDE fell the last couple of days which is strange.