Wednesday, April 27, 2011

Physical: Risk on/ Risk off! Did you blink and miss the correction?

Just had an interesting conversation with a friend of mine who completed a grand tour of the local coin/bullion shops today.  He ran across two with no meaningful silver and one that wouldn't sell even at ridiculous premiums.  This is a stark contrast to Monday when the same store wouldn't buy at spot!  Fear and greed at work.  I guess that means greed on!  Correction over.  That is all.  I hope you BTFD!  I did  :)  There will most likely be another bottom this week, but we're bouncing along at support.  BUY and enjoy next week!

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