Tze
10:39 AM
Silver market short squeeze is under way. But the safety of SLV is becoming more and more questionable with regards to its insufficient silver holdings if shareholders begin demanding physical silver. China is a major factor for the demand of silver, which is projected to increase four fold in the next few years.
SLV and AGQ, particular AGQ has gone parabolic. Will the trend be sustainable?
Ok let’s see if my post will take.
Finally worked
Dsavill,
Yea it should be ok. Let us know if you encounter other issues.
Is it time to short SLV now?
Nothing supports that move. Although I would be willing to try to buy ZSL when SLV reaches $50 perhaps but nothing at this point supports taking a ZSL position.
does anyone think that the banks cant affort a crash, they have to pay out on all the put options they sell, so they will keep this market up for as long as it takes
I think the only relevant question that one needs to ponder is as that as long as the dollar goes down, the stock market and commodities will rally. As long as China still holds onto its bubble, the global economy will be relatively healthy. Either one of those two things no longer holds true, that is when the drop will happen. But I don’t foresee any that happening in the near future unless we are going to have another war.
UUp to $18?
Definitely an ugly chart. They say over 100 million American believe the dollar will go to 0. I think that says a lot about the overcrowded sentiment here.