slickeast wrote:Look at KITCO. Everything is taking a hit today.
They want us to run from all precious metals.
Does anyone want some FRN's for theirs?
Slick, not to worry, its the calm before the storm. "They" might NOT want us to "have" PM's..or "they" might be running down PM's as a store of wealth, currency insurance...whatever, the game is, but however TPTB want to paint the picture, paint the tape, only holds as much currency, as we give it. i've seen this before in many markets, but especially NOW, given the dislocation and disarray of global markets for equities and currencies, its gotten particularly intense. There are many ways to rebel, or not go along with "the program", some are foolish, such as those that purpose violent revolt, or sedition. a true patriot, imo, rarely considers this course of action. some are futile, as the folks we see in lower Manhattan. i applaud their sand and committment, but imo, they're going on the rocks, because they cant clearly define WHAT they want. They know they dont want ..."THIS", but they cant tell you what "THIS" is, and then there are others, US, who are in quiet revolt, meaning the concept of "Full Faith and Trust" has eroded away, therefore we stack. i believe one should be focused and disciplined on the long term aspects of what we are doing, which is "insuring" our wealth, and putting on the squelch button, to cut out all the static. a true real good trader, NEVER lets others sway, what he KNOWS to be his course of action. never. confidently yours, neil