Saturday, February 2, 2013

Silver Stackers BEWARE!

 
With the Dow Jones Industrial Average pressing toward it's all time high of 14,198.10 it is generally being reported that large investors are still holding and buying some gold.  As for silver it is being suggested that smaller investors are increasing their silver positions and larger investors are avoiding the metal.  For some reason PALLADIUM is being chased to higher prices and there's not too much mention of PLATINUM.  

Remember Sprott has that new fund with the symbol SPPP for PLATINUM and PALLADIUM.  GOLD and SILVER seem to be relatively range bound and more people are piling into equities for a push higher.  At the same time there are concerns for a large market correction somewhere in the region of 20%.  So you might conclude there is much uncertainty:

Listen to The KWN Weekly Metals Wrap and I notice that Dan Norcini doesn't really address this rumor purported by Eric King of a major short squeeze coming for silver.  Dan Norcini explains money is moving of GOLD and BONDS and into EQUITIES.  Perhaps the DJIA will see 15,000 soon?  Dan Norcini said large investors are moving into the STOCK MARKET while small retail investors are moving into SILVER.   
CLICK HERE TO LISTEN

With this rushing into EQUITIES I think we could see a push of the DJIA toward 15,000 and possibly even higher.  However all investors should be aware of a market crash and remember with that crash it will take GOLD and SILVER down with it.

There are other rumors floating around that AAPL will have a new rival not to be mentioned here and that a major interest in mining shares is beginning to take shape.  

REMEMBER:  ALWAYS LOOK OUT BELOW

Elvis is watching the DJIA and dishing out his usual propaganda too along with the rest of the rest of the KEEP STACKIN' CULT:

Hey Elvis you big brainless IMPACTED BLACK HEAD.  Did you get it through your head yet that this market is going to chew you up and spit your dumb ass out?
  


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