Another Gold and Silver Raid/COT stunning report/ Extremely Low Silver Deliveries/Huge Rob Kirby Report

posted by Harvey Organ at Harvey Organ's - The Daily Gold and Silver Report - 2 hours ago

Good morning Ladies and Gentlemen: First of all, I would like to wish our American friends a very happy and safe July 4th holiday weekend. Due to this holiday, the FDIC decided to give the boys an extra wee...

Bearish On The EURUSD Currency Cross

posted by Admin at Marc Faber Blog - 53 minutes ago

According to the iStockAnalyst website, Dr.Faber is bearish on the EURUSD currency cross: *"Everyone and his brother loves to hate the US dollar and expects it to decline further. While Faber despises the...

Lumber Ready To Lay Some Wood On The Bears?

posted by Eric De Groot at Eric De Groot - 27 minutes ago

Is lumber ready to lay some wood on the bears? The bullish setup contained within an inverse head and shoulders, a classic inflection pattern, warrants attention from both sides of the trade. Perhaps it’s ...

 

 

 

 

 

Jim’s Mailbox

July 1, 2011, at 12:13 pm
by Jim Sinclair 

The Silver Setup Needs A New Descriptive Catch Phrase 

CIGA Eric
I’ve used phrase such as watch out and shock and awe to describe the setup in silver. After today’s numbers, I add holy sh*t, batman to the hat of descriptive catch phrases. Certain interests are professionally buying this decline as the public slumbers through another lazy summer.
There’s still some retail meat on the table. The once prime cuts are beginning to resemble table scraps.
Silver London P.M Fixed and the Commercial (C) & Nonreportables (NR) Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest
Watch out, Shock and Awe, and Holy Sh*t, Batman this is a bullish setup.
Silver London P.M Fixed and the Silver Diffusion Index (DI)
Silver is a powder keg awaiting a technical trigger.
More…

Rob Kirby: U.S. government rigs bonds, gold with derivatives

 

 

Haynes and Norcini review wild week in the precious metals