Silver Sell Off

[ILG]

Do you think the sell off is completely controlled by George Soros? What do you think is going on?

[coadie]

Originally Posted by ILG

Do you think the sell off is completely controlled by George Soros? What do you think is going on?

We will watch the bounce to see just how fast silver can recover as many are seeing this drop as the last big buying opportunity

Soros tried to manipulate a set of currency markets. He gets his wealth on shorts. He is the type that gets hundreds of millions selling naked shorts.

[ILG]

I have a feeling that this is just a blip on the bigger screen and than it will drop off briefly before it goes up again.

So, what you are saying is that everything is based on shorts? Apparently JP Morgan has sold a ton of silver shorts.

[Praxeas]

The entire market is manipulated.

The dollar is sinking and the Feds do nothing. Gold is soaring and someone that owns a ton of gold is gonna be very very rich beyond what they already are

That includes GS

[coadie]

Originally Posted by Praxeas

The entire market is manipulated.

The dollar is sinking and the Feds do nothing. Gold is soaring and someone that owns a ton of gold is gonna be very very rich beyond what they already are

That includes GS

China was buying gold. Gold is up and dollars are down.

[ILG]

Gold and silver prices have gone down quite a bit in the last few days.

http://www.marketwatch.com/story/gol...dist=countdown