Saturday, September 24, 2011
Friday, September 23, 2011
Silver traders: Stop Cryin' and Start Buyin'! [By: Dominique de Kevelioc de Bailleul] 23 September, 2011
As another financial crisis comes to a head, another silver crash ensues. Oh, the tears of sorrow!
Background:
Though there still exists economists, portfolio strategists and corporate CEOs out there who still don't see or admit to seeing a double-dip coming to America [did you watch CNBC yesterday?], everyone's favorite sleaze, George Soros, on Sept. 21, told—that very same 24-hour propaganda doubly-sleaze outfit—CNBC, that the US is in “a double dip already.”
Sometimes, Soros, too, tells the truth, as long as it alines well with his fascist global-community agenda.
But if you've been listening to John Williams of shadowstats.com, you'd already know the fake recovery was just that, fake, and that the worse days for the US are yet to come.
“As activity begins to turn down again, you are going to see things get even worse, and the continued economic trouble is going to be very long and very deep,” Williams told KWN on July 11. “That puts the Fed in a circumstance where you virtually are assured of a quantitative easing three. That in turn will weaken the US dollar further.”
But as we all know, Bernanke, instead of giving the market what it perceived it needed on Wednesday, crushed the dollar slide, instead. No QE3! Not today, anyway. But Williams will most assuredly be proved correct after the fight from Republicans on Capitol Hill turns Captain Queeg 'yellow stain' as it did during Speaker Newt Gingrich's 1995 noble fight to turn the money spigots off by shutting down the Treasury-Fed cabal.
At some point, the mob will beg for QE3! Ask Gingrich, who went from Time's Man of the Year to the bum who authored the 'Contract ON America” —which leads us to today's Fed puzzle.
READ MORE @ ORIGINAL SOURCE
Tuesday, September 20, 2011
Louise Yamada - Still Bullish Gold & Silver, Not Stocks [kingworldnews September 20, 2011]
When asked about silver specifically Yamada replied, “Silver has been trying to consolidate above the uptrend. You have some support at $37, you also have the 200 day moving average at $36 and then, of course, you’ve got the prior lows at $33 to $34. Whether or not silver has to pull back that far isn’t clear yet, but both gold and silver are in some kind of healthy consolidation.”
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