Thread: Silver: Goodbye $44

Goodbye $44

Submitted by Tyler Durden
04/19/2011 15:19 -0400
314 comments

10b5-1 http://www.zerohedge.com/taxonomy_vtn/term/10602

The real beauty about waging a two front war (keeping gold from hitting the barrage of $1,500 limit spot orders; and silver from passing a dollar a day) means that Comex cartel has to pick its fights. Today gold loses for now, as the $1,500 spot (but not futures) price is safely defended. The same can not be said for silver. $44 was just taken out.

And those who actually wish to buy American Eagles can do so at the low, low price of $47.32 on Monex. http://www.monex.com/liveprices



http://www.zerohedge.com/article/goodbye-44

Sure hope my magic bean grows soon cause gold and silver are way beyond reality. Who would have even imagined the world could or
would screw currency so bad?
I knew it would happen, but not on such a grand scale.
Unfreaknebelievable! Good luck and God bless have nots! Prepare now!

$1,500

Submitted by Tyler Durden
04/19/2011 12:10 -0400
349 comments

Gold futures just passed $1,500. Silver touches $43.70. Nobody could have possibly seen this coming (certainly not the shorts). Time for CNBC to break out the "$1,500" hats.

http://www.zerohedge.com/article/1500

Silver SLV Is Now "Hard To Borrow" At Goldman

Submitted by Tyler Durden
04/20/2011 12:23 -0400
272 comments

And now for the latest news in the silver meltup: SLV just moved to Hard To Borrow status at Goldman Sachs. This pertains to institutionals who are Goldman Prime Broker clients. Soon coming to every prime broker near you. Comex margin hike imminent now that it is impossible to short the largest silver ETF in the world.

http://www.zerohedge.com/article/slv-no ... ow-goldman

...And $45

Submitted by Tyler Durden
04/20/2011 10:56 -0400
284 comments

From $44 to $45 in 13 hours. At this rate $46 in 6.5 hours. Thank you Chairsatan Benzebub.



http://www.zerohedge.com/article/and-45