Saturday, February 19, 2011

Silver's At 30 Year Highs-What's In Store Next Week?

Kitco's Silver Chart at the end of trading, February 18, 2011.
After sifting through several wonky-ass, for-members-only worded articles on what the implications of Silver's rise actually means, I'll distill it for you like this: Silver's demand is at least twice its availability. Silver will continue to rise, despite JP Morgan's every effort to manipulate the price downward. JP Morgan will eventually be destroyed by its huge amount of Shorts(betting against Silver). The two guys at the end of Trading Places will be JP Morgan.

Lots of people will then laugh at JP Morgan's misfortune. Long live Physical Silver!

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