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Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 6:45 pm
by Hades12

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 6:53 pm
by barrytrot
Interesting information, but the author of the article makes the wrong assumption that this is "bullish". He points out that ALL net positions in silver are way down. That's not "bullish".

Most authors aren't good analysts. And, as it turns out, most analysts are also not good analysts :)

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 8:05 pm
by 68Camaro
Believe his point, right or wrong, is that the big institutions that have been short for decades are now moving long, and if so, it is THAT change which is bullish.

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 8:07 pm
by Mossy
They are bullish on being bears?

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 8:11 pm
by barrytrot
68Camaro wrote:Believe his point, right or wrong, is that the big institutions that have been short for decades are now moving long, and if so, it is THAT change which is bullish.


Again a flaw in the writers logic. He showed how short contracts are less AND long contracts are LESS. I.e. he had REAL DATA.

Then he jumps to a conclusion completely unsupported by the data. As 99% of writers and analysts tend to do.


Think about it: People that were short silver don't instantly turn long. Some do but you must assume that were short silver and no longer are just shift to something else.

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 8:48 pm
by 68Camaro
He has data indicating shorts are ending their short positions. Which is interesting.

He has no data to support shorts turning long; ah, but he doesn't claim to. He merely makes an observation of what might be, and why it would be a good position for them to take.

There is no flaw in the logic, because it isn't logic. It is supposition. You can argue it is flawed supposition, which is common, but it isn't illogical.

Not to pick nits...

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 10:55 pm
by barrytrot
68Camaro wrote:He has data indicating shorts are ending their short positions. Which is interesting.

He has no data to support shorts turning long; ah, but he doesn't claim to. He merely makes an observation of what might be, and why it would be a good position for them to take.

There is no flaw in the logic, because it isn't logic. It is supposition. You can argue it is flawed supposition, which is common, but it isn't illogical.

Not to pick nits...


Ok. In either case, he's wrong, and it's obvious he is by just reading his own article :)

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 10:57 pm
by Robarons
Barry just wants to create negative sediment so he can drive the price of silver down to buy more silver.


Crafty fellow isnt he?

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:00 pm
by barrytrot
Robarons wrote:Barry just wants to create negative sediment so he can drive the price of silver down to buy more silver.

Crafty fellow isnt he?


I don't see this forum being a place where that would even be possible :)

And, I like silver oscillating the 29 to 32 range. There is a ton of low risk money to be gained if it keeps doing that!

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:03 pm
by Robarons
Like Ross Perot once said 'there is a giant sucking sound in Georgia sucking up the silver'

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:10 pm
by barrytrot
Robarons wrote:Like Ross Perot once said 'there is a giant sucking sound in Georgia sucking up the silver'


Man do I wish that were true :)

I would love to be piling it fast and furiously. But, instead I'm just inching along. At least it's forward though :)

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:17 pm
by beauanderos
barrytrot wrote:
Robarons wrote:Like Ross Perot once said 'there is a giant sucking sound in Georgia sucking up the silver'


Man do I wish that were true :)

I would love to be piling it fast and furiously. But, instead I'm just inching along. At least it's forward though :)

Inching along? One monster box at a time? Dang, wish I had inches like that :oops:

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:19 pm
by barrytrot
beauanderos wrote:Inching along? One monster box at a time? Dang, wish I had inches like that :oops:


I kept (am keeping) 0 rolls out of the 2 boxes ordered on Monday. All for the forum and my brother.

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:35 pm
by Robarons
One of these days were going to find out that Barry owns all the KFC franchises in the South and was a millionaire who liked pennies

You wait

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:38 pm
by barrytrot
Robarons wrote:One of these days were going to find out that Barry owns all the KFC franchises in the South and was a millionaire who liked pennies

You wait


Call me Gus.

Re: Article on shorts covering on Silver

PostPosted: Wed Oct 05, 2011 11:39 pm
by Robarons
You hiding silver in those buckets of sauce and seasonings?