Skip to content

“Manipulation”

March 11, 2011

 

Sometimes I really wonder about the people that write on the internet. I love conspiracies as much as the next person but reading how silver has “manipulated” by some shadow figure at a bank somewhere just gets to be ridiculous after a while. What was the main reason oil, silver, gold…all commodities crapped out yesterday?

Just take a look at the massive up day the dollar had.  Do you know how many weak hands there are in all these things? EVERYONE is long. This is a classic shakeout, and its a healthy way for this market to continue up.

 

 

via $USD – Daily Candlesticks.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: