Wednesday, October 12, 2011

JPM & HSBC are going to go long on silver after having covered their short naked positions recently

Bob Chapman - National Intel Report 11th October 2011 [FULL]

Bob Chapman : Slovakia told the EU to go take a hike and that they will not participate in any further bailing out for Greece or any other Euro zone country , we may have another war on demand with Iran which has been accused recently for plotting some terrorist attacks inside the US , if Greece does not get the money then they will have a war between Greece and its ally Israel against Turkey that will get the pot boiling , the gold and silver equities are so undervalued so I would long them if I were a trader , the Hedge Funds are not long gold and silver shares they are short , when we came down this time something unusual happened , the net naked short position in silver is down , Morgan and HSBC and other have covered their short positions in Silver and they are going to go long


No comments:

Post a Comment