Tuesday, May 3, 2011

Battle of the Somme We knew going into this week, it would be intense. If you would have asked me 72 hours ago if I thought Silver would be at $42 from $48, I would have told you that you are nuts.


Tuesday, May 3, 2011

Battle of the Somme

We knew going into this week, it would be intense. If you would have asked me 72 hours ago if I thought Silver would be at $42 from $48, I would have told you that you are nuts.

I would like to give you a quick history lesson, and then tied it into our enemy.

Today reminded me of July 1st, 1916. The battle of the Somme which occurred in the The Great War, suffered 60,000 British casualties in one day. It was stated that because the men that fought in these tight knit battalions were all from the same towns, the psychological impact was profound. Surprisingly they grew stronger from the worlds worse defeat. That day also saw history, like we are seeing in the unprecedented volume in the comex, in which a new weapon was used-the tank.

The powers that be are fighting a paper war right now. He who wins gets to control the ponzi for a little longer. And when they feel threatened, they bring out the new weapons, margin hikes.

If you feel like you caught a few hand grenades today, you are not alone. I too have been blinded by greed. We have eaten at the trough like pigs since January. It time to take a rest...or is it?

This is the story that I keep hearing in the news and its mind fucking is it not? I mean I keep telling myself silver should already be at $120/oz. We have run into a tank today, now we have to regroup. It will take all of us to formulate, conspire and work as a unit to advance the line. One mile at a time, we will get to that river were we can all rejoice, drink wine, and look back at this battle and laugh amongst ourselves in a tight knit group surrounded by positive supportive community here to work as one unit. If you see a fellow soldier go astray because he caught a hand grenade, help them. If someone has a question, lets try to work as one to answer them.

Buckle up your helmets gentlemen-bayonets fixed, the river is still 6 miles away...

1 comment:

Anonymous said...

I am thinking it is time to exchange a couple of Kugerands I have for what ever silver I can get. Price dip and we know it is a bounce.