Dave, NOBODY IS TALKING ABOUT THIS!!! Everyday at 8 to 830am this happens… oh gold trades fine all night and then Bang. We should short it at 745am eastern… HAha
That quote is from an email I received this morning from an executive at a gold/silver/copper mining company.
How come no one discusses that fact that, day after day, silver and gold trade flat to higher when the eastern hemisphere is open but, for some reason, as soon as the Comex trading floor opens, the price of gold and silver get demolished:
It seems that the fine fellows at the Comex perceive some sort of trouble with the fundamental outlook for silver that no one in the rest of the entire world outside of the Comex silver trading pit is able to understand.
I will say that it is becoming more apparent by the day that some very smart, deep-pocketed money is accumulating the mining stocks, especially the juniors. As I write this, with silver flat on its back, the junior mining stock indices are green and the large-cap indices are about to go green.
When I say “smart” money, I mean pools of wealth outside of George Soros. Everyone knows he’s buying. But Soros alone can not move the sector higher. My
“Easy Trade” idea is green today…