Hedge Fund Silver Positions

Silver Price Down 7% Right After Asian Opening

At the time of writing, it is midnight GMT (London) / 7 PM EST (New York) / 8 AM in Tokyo. The Asian market opened less than an hour ago. Large parts of Europe have a bank holiday today. So that means very thin trading. What happens? Really seconds after opening of Asian trading silver falls down from $22.3 to $20.8 in a matter of minutes.

Gold & Silver Price Under Pressure, US Dollar Perceived Safe Haven

As there is no significant yield elsewhere, equities and US dollar could have a long way to go before they correct. Hence, gold and silver could see a long way down, before they reverse. Gold and silver investors should think about the reasons why they are holding the metal. If it is for monetary protection, then they should be able to ignore short to mid-term price action, even if the price will go lower. There are too many contradictory signals out there right now. Participants in the ongoing uptrend should be careful.

Gold & Silver Price – The True Story Is All About Time. Be Prepared.

If you choose to stay in the banking system, expect to take losses on anything held in a bank. Read that sentence as many times as it takes to have it sink in. What have the bankers been hell-bent on destroying and discrediting? Gold and silver.

Gold Sector Remains In Dog House

The good news is that with the culmination of this Daily Cycle we should be starting a new Investor and Yearly Cycle and it should be good for at least a $200-$300 move. Even if the bear market still has a hold on gold, we should expect violent counter-trend rallies. We know there is no way of knowing whether this will end up being the start of a major new bull trend. But in the least, this is shaping up to be a powerful and bullish setup.