When Silver Hits the Wall By Rusty McDougal

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When Silver Hits the Wall By Rusty McDougal

Postby Copper Catcher » Wed Oct 10, 2012 5:31 pm

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Re: When Silver Hits the Wall By Rusty McDougal

Postby Sheikh_yer_Bu'Tay » Thu Oct 11, 2012 12:55 am

This is a good read. A little too long for AADDs like me :mrgreen: , but a good read none the less.

What year was this essay written? He talks about $5 silver going to $30-50 POS. That has already happened and we are on the back side of it. If it was written in, say, 2002... we are already half way (or more) into the silver bull market cycle he wrote about.

He kind of confused me when he wrote about the "shorts". Correct me if I am wrong, but didn't he say there was a 3 billion ozt short? Then a little later, he wrote that a 3 billion short was not possible??

A contrarian economist I like to read when I have the time wrote an essay saying Ted Butler was dead wrong. There are no shorts in futures trading. It only looks that way. Silver futures trading is a zero sum game done on basis trading. Doesn't Jonflyfish say the same thing?

Thanks Copper Catcher. I enjoyed it. :thumbup:
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
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Re: When Silver Hits the Wall By Rusty McDougal

Postby Copper Catcher » Thu Oct 11, 2012 7:20 am

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Who is really short and does it matter? It's hard to know what is the truth is anymore when it comes to the silver market. Regardless, the best strategy, I've heard is to ignore everyone and keep stacking!
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Re: When Silver Hits the Wall By Rusty McDougal

Postby creshka46 » Thu Oct 11, 2012 11:33 am

When was this written? He never says, but from cues in the article, it seems he wrote it before silver had even passed $10 or so. So was it like around 05-06?
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
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Re: When Silver Hits the Wall By Rusty McDougal

Postby johnbrickner » Thu Oct 11, 2012 6:58 pm

According to http://www.earnforex.com/forum/f28/silver-7619/ it was written in 2001.
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Re: When Silver Hits the Wall By Rusty McDougal

Postby creshka46 » Thu Oct 11, 2012 11:15 pm

hmmm. I wonder what he would have to say now. How much bull does he think is left?
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
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