[blam]

[Lurker]

Looks like it’s starting.

[stockpirate]

Blam that chart is not related to this story. What we had we the prices is the price has increased for about 12 days without let up. It’s called a correction, if AMPEX needs silver it means silver is in a shortage, price goes up.

Now we will have a correction for the next three four days. Over the past few months the correction has been about 3 bucks........I think maybe 5. So we may see a price point between 44-46 dollars before we continue the current trend which is up....

[muawiyah]

Just for fun I went through the top 30 companies trading silver (pops up on Yahoo of all places) and it looks like, in general, companies all opened above the line from Friday, then made a giant slide for a couple of hours ~ maybe less, then made a recovery up to the line, more or less, with some above, and some below.

I'd say that's a case of too many silver traders eating too much goat on Easter but thinking it was lamb!

Then they drive home full of Chianti or Sutter Mill!

Ah yes, the bane of the silver market.

Odds are good your favorite silver fund showed up short ~ but we won't see anything like that again until the next trading day after Memorial Day.

Now that doesn't mean the silver bubble can be sustained. Eventually the Middle East calms down (mostly 'cause Summer is coming and it's a bear eh). Then, too, the Chinese are probably figuring out their interest in maintaining the value of the dollar is IMMENSE ~ so there'll be much less silver buying from those guys ~