如果事情真是這樣......
呢次有戲睇
會否銀價推低補倉 ?
或是無實物交割,而推高銀價?
大家拭目以待
分析師Martin Tillier週四（6月21日）撰文稱，
市場一度有傳言稱，摩根大通（JP Morgen）巨虧交易是因在白銀空頭頭寸方面下了重註。
無論傳言真假，都將給白銀帶來正面影響。Tillier認為，如果是真的，摩根大通在更為嚴密的監管下，將不得不開始平掉頭寸。他們無法承擔另一過度的風險。至少他們會選擇不再繼續做空市場。
白銀專家Ted Butler表示，美國COMEX白銀期貨最大的8個商業空頭頭寸佔COMEX淨白銀市場整體比例的50％至60％，摩根大通一家就佔約25％，甚至多至整個市場。一旦開始空頭回補，白銀將劇烈上漲。
http://www.silverdoctors.com/is-latest-silver-smash-a-result-of-cio-losses-forcing-jp-morgan-to-unwind-silver-positions/
In a story published on NASDAQ.com Tillier writes that if rumors of JP Morgan’s manipulation of silver are true ‘and they likely are‘, The Morgue will be forced to unwind their naked silver positions in light of increased scrutiny as they cannot afford another story about excessive risk.
Tiller states that at the very least, JP Morgan will have to stop holding the market down.
Is the latest
smash in silver Blythe and Jamie’s desperate attempt to extricate
themselves from JPM’s naked short silver positions in order to avoid a
2nd humiliating PR SNAFU for the firm which would likely result in Dimon
getting the proverbial axe???
Bruce writes:
I used to be worth millions. After the crash I am at about a
half million. Silver has caught my eye and have invested about a third
of my money in it at about an average rate of about $30. It seems to
keep going down. Have I made another mistake? I am not in great health
and in my sixties. Should I go all in or run like hell? I know you cant
give advice but I’m interested in your opinion .
Thanks
Bruce, do you mean physical silver in your own possession?
If so, you will be fine as long as you are able to convince yourself you
are right, and sit tight. Do you understand the reasons why silver has
gone from under $4 an ounce to $50 an ounce over the last 11 years?
Yes, silver has been ‘going down’ for over a year now. We are nearing the end game and the cartel is waging a massive psychological sentiment war on investors.
A quick look at a long term chart over the duration of the
bull market however will reveal that nothing unusual has occurred during
this correction. Silver completed a mini-parabolic move in early 2011,
and has been consolidating since.
A base in the $26-$35 range sets up the next leg of the bull market to target $75-$90.
Not a single one silver’s fundamentals have changed over
the past year. REAL interest rates are still massively negative. The 10
year is trading practically at 1.5% when real inflation is nearly 10%.
That means -8.5% real interest rates!
The Fed purchased (monetized) 68% of all treasuries sold over
the past year. The US gov’t is running $1.5 Trillion deficits into
perpetuity.
US pension funds are $4 Trillion unfunded. Medicare/Medicaid
are $60 Trillion unfunded. Europe is nearing contagion, and once the
Euopean crisis ends the focus will shift to the UK and the US. Do you
want to be in Apple, Treasuries, or Muni’s when the debt crisis reaches
this side of the pond?
Massive secular bull markets do not simply fade away, they end in a mania.
I personally do not expect the current gold and silver bull
markets to end prior to gold reaching a valuation of $5,000/oz, and
silver $350/oz.
These numbers are conservative of where the metals could go,
and I personally believe silver will vastly exceed that number. QE will
go to Infinity to prevent a complete deflationary contagion collapse.
Speaking for myself, I am all in (PHYSICAL gold and especially silver).
Assuming you are speaking of physical silver, begin
counting your wealth in ounces and in terms of purchasing power vs.
other tangible assets, rather than in fiat dollars. You will sleep much
better at night.
-Doc
