Open Thread. Turd Unavailable until 3:00 EDT

105
Fri, Jun 17, 2011 - 10:02am

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turd [at] tfmetalsreport [dot] com ()

  105 Comments

jmmergott
Jun 17, 2011 - 10:44am

Miners

Everyone has expressed frustration with miners recently. As a major investor in them as well, we're all in the same boat. bite your cheek and hold on we have seen this all before. Right when you can't stand it anymore and you sell them all, they'll take off like a rocket. You can't deny earnings, you just can't. gold took off in fall 2009, silver 2010, I predict this fall will be the year of the miners. HUI near 700-750, GDXJ near 70-75.

Magpie
Jun 17, 2011 - 10:48am
SilverTree Captain Hank Murphy
Jun 17, 2011 - 10:49am

.

WHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!

silverhoarder
Jun 17, 2011 - 10:50am

Rise in silver

Looks to me we have shorts covering. The situation with the euro is getting worse, the shorts are anticipating a sharp upswing in gold and silver.

LaMachinna
Jun 17, 2011 - 10:51am

Trading in....

silver for gold? Anyone doing that right now.....any suggestions? Thanks! Been thinking and thinking about it, but also, wanted to heed Turd's guidelines and hold off on anything till Fall.

Would love to hear what you think. Thanks much! LaMachinna

p.s. Missing Word Ver! and love the edit button. Thanks Turd for the new site. Magnificent!

Cleburne61
Jun 17, 2011 - 10:59am

Guys, here's another

Guys, here's another bombshell against JPM and friends. Anyone at this point, who says there is no evidence that the banks manipulate commodities(especially precious metals) for their own gain, is living in a clinical state of denial.

https://finance.yahoo.com/banking-budgeting/article/112955/wall-street-gets-eyed-metal-squeeze-wsj?mod=bb-budgeting%20&sec=topStories&pos=7&asset=&ccode=

erewenguy silverhoarder
Jun 17, 2011 - 11:00am

Equity markets are due for a

Equity markets are due for a bounce. Get ready for the rising tide to lift metals also.

jmmergott
Jun 17, 2011 - 11:01am

silver

I have said many times that in 2 years gold has not broken below it's 30 week MA i find it interesting that that is the exact spot silvers decline caught at. Can we now expect a more organized modest trend in silver as there has been in gold? Interesting any way you look at it. (30 week MA is the green line)

FriedEggs
Jun 17, 2011 - 11:03am

Fellow Turdites... Steady on

Fellow Turdites...

Steady on the trigger finger...its going to be a bumpy ride the next 8-12 weeks...

Keep hoarding the physical...

AU/AG 4 LIFE!

Fried(e)

brown silverhoarder
Jun 17, 2011 - 11:04am

This is not short-covering!

I have a different interpretation: This does not look like short-covering to me. Why should shorts be covering? It appears to me that there has been huge demand faced by huge naked-shorting. The Cartel has the agenda to keep prices low at least until the Fed meeting next week.

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