Quote from: Gotgoxed on August 11, 2014, 03:28:12 PM

Quote from: RyNinDaCleM on August 11, 2014, 03:20:52 PM

Quote from: BitCoinNutJob on August 11, 2014, 03:18:17 PM

Seems like a good time to dump precious metals. Governments grip is too tight the price wont go up while the gov have so much power.

JPM holds far too much short to let it rise too far.

Personally, I'm waiting for $15 +/- $2 on silver, where I will back up the truck.

JP Morgan Holds Highest Amount Of Physical Silver In History

http://www.marketoracle.co.uk/Article44278.html

That whole article is speculation. However, the physical holdings of JPM may be real, it was only because of their monumental short holdings that allowed them to amass such a holding. They are still holding most of that short while they build their physical holding. I stand by my target and until $26 is broken on heavy, and I mean very heavy volume, I won't change it. I've bought a lot around $18-20 but that's it for this price range. Either lower, or confirmation that the bear market is over for me to buy more.