MORE Facts That Support SILVER BULL MARKET Is Still Intact. Observations of the Silver Smack Down

uesday, May 10, 2011

MORE Facts That Support SILVER BULL MARKET Is Still Intact.

Observations of the Silver Smack Down

By Silver Shield, on May 9th, 2011

I am, without a doubt, positive that this past week was nothing more than a huge, coordinated, paper manipulated con. This attack was huge and powerful, but I feel will be short lived. Nothing has changed fundamentally in the physical market, in fact it has gotten more bullish. There is less physical silver on the CRIMEX and we will see how many silver shorts covered their positions soon. There is a case to be made that silver could hit the 200 day moving average at $28 but I think that this is not going to happen given the extreme nature of what we saw last week. The physical market is still tight and getting tighter still.And those that held through this attack are the strong hands that will continue to buy.
For those of you who don’t know why I have been a huge proponent of selling all paper assets and buying physical silver, this past week is why. When you are gambling/speculating/investing, you are playing in their casino. They have all of the information. They have unlimited chips to pressure you with. They can and do, change the rules in the favor of the house at any time. Buying physical silver is taking all of the chips out of the casino and starving the banksters. We are playing for keeps.
Most of you have very little idea about how this smack down could have even happened, let me break it down. First and foremost there is a physical silver market. This is a natural market that we all understand intrinsically as little children. The free market pricing mechanism reflects supply and demand. If silver is in short supply relative to the amount of money the price of silver rises. The opposite is true also. Our debt based money is a promise to pay. I heard a funny comment over the weekend, the dollar is an IOU nothing, the Euro is a who owes you nothing. In this physical silver market, you essentially trade paper assets for real assets. Real assets do not have any counter party risk and do not rely on a promise to pay to determine the value of that asset. This is why when the generational ponzi scheme break,s all paper assets will become worthless and silver will be king.