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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Monday 12 March 2012

SLW


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2 comments:

  1. Anonymous12 March 2012 at 08:59

    HELLO C R ;

    A NICE CHART ON A MAJOR SILVER MINER .

    I LOOK AT THE START OF THE CHART AND SEE 5 WAVES UP TO THE RECENT TOP WITH NOW THE PULL BACK BEING UNFOLDING IN NOT ONLY THAT CHART BUT IN THE VARIOUS OTHER PRECIOUS METALS CHARTS .

    I LOOK AT SLW , THAT IT HAS YET TO FINISH IT'S DOWN SIDE MOVEMENT AND THE POSSIBLE LOW OF THE $20 AREA BEING THE FINAL LOW .

    THE DOLLAR APPEARS THAT IT WILL NOW MOVE HIGHER WITH THE PRESUMPTION OF CONTINUING WEAKNESS IN EUROPEAN NATIONS , WITH THE EURO BECOMING WEAKEN .

    THAT WOULD FORCE PRECIOUS METALS IN THE SHORT TERM TO WEAKEN AS THE U.S. DOLLAR BECOMES STRONGER . I AM LOOKING FOR MID $20'S ON SILVER AND $1475 TO $1525 ON GOLD AS A BASE OF LOWER SUPPORT , WITH THE U.S. DOLLAR MOVING TO THE 87 TO 88 LEVEL , WITH LATER A FUTURE MOVE TO THE 95 TO 100 LEVEL .

    AN UP TICK IN INTEREST RATE'S HERE , IRREGARDLESS OF THE FED RESERVE , WITH THERE FALSE ECONOMIC PHILOSOPHY .

    THANK YOU FOR YOUR INFORMATIVE CHARTS AND INTELLIGENT COMMENTS . FOR THE OTHERS WHO HAVE COME TO VISIT AND LEAVE THEIR OPINIONS PRO OR CON ON THE AFFAIRS OF THIS AND OTHER NATIONS .

    I VERY SELDOM VISIT THE FORMER ( D SITE ), AS THE ONES I RESPECTED ARE HERE AT TIMES TO MAKE A COMMENT , WITH YOURSELF .

    HAVE WONDERFUL THOUGHT'S, ONE AND ALL. D-KNOX.

    ReplyDelete
  2. Chartrambler12 March 2012 at 13:33

    Yes I'm not saying now is the optimal time to buy SLW just that its one to monitor very closely for a buying oppurtunity given how nice that long-term chart looks
    Best to you

    ReplyDelete

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