$ Silver $

Quote from nevadan:

Meanwhile, the CPI and PPI are coming in much higher than expected and the dollar is rising and metals are falling. Go figure.
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I'm guessing the metals markets are expecting higher rates and economic slow down/recession.
 
quote from gnome:
I'm guessing the metals markets are expecting higher rates and economic slow down/recession.
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I'm sure that's true and will happen. I'm not so sure Bernanke has the moxie to raise rates and make them stick.
 
financial shops need to raise trillions and does anyone think Benny B-52 will make the cost of that more expensive?

he may be forced to cut rates.
 
Quote from daddyeaux:

"... he may be forced to cut rates.
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I'm sure he will. Rates eventually will be near 0%. Of course, inflation wlll be raging and the $USD will be plunging... but Bennie will go on CN-BS and tell us how "it's better than raising rates"... except that too, will be a lie.
 
just getting into the silver deal now, more of a swing trader in this stuff. read the last dozen or so pages to catch up on the happenings. found an interesting article that talks about the massive short positions.
http://www.resourceinvestor.com/pebble.asp?relid=45611
honestly a little scared to step in still, looking at a 2yr chart any kind of a move below $13.00 it could easily go down another $1 or 2.
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