Monthly Archives: October 2011

Japan Intervenes Sends US $ higher and grains lower

Overnight, Japanese central banks intervened. Selling Yen. Buying Dollars. They are trying to impact the markets. Longer term intervention like this has not been

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Silver hits its first upside target. Take profits :)

Silver is currently trading at 35.110. The high so far has been 35.70. Please take profits on at least 1/2 of your long positions. The

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Europe Breaths Easier Dow is 1,766 points higher in the past 3 weeks

Yesterday the governments got the banks to take a 50% haircut on the Greek bonds, vs the 40% they had wanted. Also there were tacit

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Did you buy Silver last week?

On Wednesday October 19th, just a week ago I wrote the following:
“More interesting, our August high at $44.00 sucked a lot of bulls back

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11,882 Monday and Today, followed by Sell Pressure

First the meeting in Europe is off, then its back off. Like I wrote and have been writing, for 3,000 years Europeans have been finding

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Monday Oct 24th from the CME Grain Trading Floor


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Stock Futures Firm Up on Greece/Euro rumors

I am still short Dow Dec Futures around the 11,700 level The high so far has been 11,838.There is an old high at 11,900 back

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Triple Top for Dow Futures at 11700-Sell IT

11,700 has been a wall since August began. August 31st 11,700/ September 1 11,705/ Today’s high?? 11,715 so far.. its 11:20 AM here in Chicago.

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A note about Silver

One of my old friends called me this past Spring full of bullishness for Silver.Granted silver had a nice pop. In the last week of

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Gold? Still Precious after a $400.00 haircut?

Gold spiked to a high of 1925 an ounce on 9/9/11. On 9/30/11 it melted down to 1533 an ounce. What’s $400 dollar an ounce

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