Market Curiosity: Exploring Markets And Systems

March 16, 2011

Silver update – March 16th

Filed under: Just Watching — Tags: , , , , , — Jeff Fitzmyers @ 10:19 pm

Just speculation: Silver price under pressure while people reduce leverage and raise money to buy preps and and fix stuff. Once that runs it’s course, I expect a new leg up in the real assets.

Ted Butler confirmation, get ready for the buy of the century (physical) Ted Butler reported today that he has never seen greater than 50% of oz of silver to be served vs served this late in the delivery month. He also stated that this has never occurred in any metal or any commodity since the comex officially began. I reported this to you yesterday and I am glad that he affirmed this.

Backwardation’s about the same.

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