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dennyc
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The coming silver price eruption

- Alasdair MacLeod - Goldmoney

"In a properly functioning market..." is the giveaway here. Mr. Macleod's mechanics are essentially correct; but they apply to the markets of forty or fifty years ago. Shorts and longs can stand up to analysis and predictions on paper; but he assumes that we're operating in an honest market and investment atmosphere. Sadly, the mechanics and science of market investing, development and statistical information haven't kept pace with reality and until they begin to factor in larceny, extortion and mendacity it will remain a crappy crap shoot. Again sadly, concerning markets - assumption is the mother of misery and mistakes.

Commented 4147 days ago

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Beginning of the headline :There was a degree of predictability about the knockdown in gold and silver at the US futures market (Comex) last Wednesday. The reason is that the Commercials (together the producers, processers, fabricators, bullion banks and swap dealers) have large short positions, so they have a vested interest in lower prices... Read More

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