With the lights out at the SuperDome, SD readers might as well take the extra time to watch BrotherJohnF’s latest Silver Update discussing silver’s technicals:
Silver Economics
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SO MANY BANKERS. SO FEW BULLETS!
Best odds in the house are 33% at roulette, but it’s irrelevant if the casino is rigged . . as is meaningful data and technical charts in a manipulated market.
That a better bet than buying the 4 and 10 on the craps table? Odds, odds, what are the odds?
Oh! I liked that refinement on the Geffin Good definition!
Any rational person would agree the price of silver will decouple from the paper price. But many rational people believe they will be dead long before this happens. Until the dollar collapses, there will always be plenty of free money to create, pay off, or profit from naked short selling designed to suppress the price.
Unfortunately for them, neither hope nor belief is a plan!