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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 09/02/2010 : 20:05:56
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"...What is also interesting is the upward move in silver prices coincided with the expiration of the August options and futures contracts. In the past, and almost without fail, as these contacts expire, the large bullion banks have used their CFTC-granted position limit exemptions to overwhelm the buyers and keep prices suppressed. But, this didn’t happen this time around. In addition to this, silver is soaring because investors are realizing that silver is a hard asset, it is money and it is historically very inexpensive compared to gold...."
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Silver Consolidates $19+ the Charts are Bullish
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