Country, you're the man, you're a mod around here, a man of respect. The reason i write this, i dont want to seem contentious, but i think the report i read is just about the best darn news i've read today.
how so?
the longer the window to stack stays open, the more advantageous it is for all of us. Let me quote some out of the article:
If silver does go on to break down below the strong support level at $26, it will be very bad news indeed, as such a development could be expected to trigger a brutal plunge, and there is a scenario in which this could occur as set out in more detail in the parallel Gold Market update.
"very bad news" to whom?....i can see if one is long X amount of Comex silver futures, YES, it would be "bad news", but from my seat here, speculating on silver futures,is not the wisest course of action. i wish no one here, ill will, but either one speculates to invest to achieve profits...or one buys physical silver to insure their currency.
Leadership has failed us, and failed us miserably, and we can either march to the tune of the sheeplings, powerless, and at the whim of some pretty morally bankrupt greedy men, or we can do this workaround, and continue in our way to find an alternative to insure that our families live a whole life. i choose the latter.
"brutal plunge"? BRING IT!!! if they want to slam silver down to 20...15...or as impossible as it seems $10.....i'll put on a party hat, paint myself blue like a Pict, and dance, while i buy anything in sight that i can my purse allows! Yee......Haw.
as having traded futures, what the gentleman writes next i understand in context, but frankly, i get glee out of reading this:
The latest silver COT chart should strike fear into the hearts of silver longs, although it usually doesn’t because they either don’t understand it or ignore it, preferring instead to march to the drumbeat of their favorite cheerleaders, one of whom recently described silver as “being on the precipice of a massive (upside) breakout”, a choice of words that could come back to haunt him.
"strike fear"?........as experience dictates, my counsel to anyone and everyone is do not trade silver futures, as every single institution, you and i have been led to believe is square and trustworthy, is a LIE.....ITS A LIE.
within the ranks of power in America, whether it be politicians, bankers, think tanks, military, business, judiciary...the whole spectrum, you will not find ONE patriot, who loves this country, the ideas we once stood for, being upright, truth tellers....not one of them. Their only concern, democrat and republican, is how best they can line their pockets, bleed the nation, accumulate power....and then they flee to some warm weather "haven", once the lid comes off the pot. these men and women have wrecked dynamic capitalism, oliograchs who view us as just livestock, or less than to them.
Forming, slowly, surely, are a new generation of men and women, like Thomas Jefferson, Patrick Henry, Benjamin Franklin, etc.
They're out there, they might six years old, or 22....we dont know.
i realize that i veered a bit, (lol) but as i see it, a nations currency reflects the health of the body politic. and we who stack, are part of a quiet rebellion....a vanguard so to speak. remember, a fire always starts with the tiniest spark in the most unlikely of places.
much respect to you sir, n.