Sunday, June 26, 2011

SLA update: June 26th 2011

Silver Liberation Army Update: silver closed the week at 34.32. TREND: BEARISH, with caution. 29, 26 and possibly 15 in play. Physical premium could reach 20. EU and Dollar would drive ALL markets with violent moves. GOLD +- 100 move is on the way. Paper market continues to be rigged. NOT selling a single oz of physicals. expect September rally for both metals.

Sunday, June 19, 2011

SLA update: June 19th 2011

Silver Liberation Army Update: silver closed the week at 35.90. 7 weeks of consolidation since the flash crash. TREND: neutral, sideway and slightly bearish. EU implosion; 20s and even low 15 in play. USD would rally by driving down the prices of metals. HEART wants to buy. HEAD says WAIT. Not selling a single oz of physicals. let the paper market continued to be rigged. peace.

Sunday, June 12, 2011

SLA update: June 12th 2011

Silver Liberation Army Update: silver closed the week at 36.20. 6 weeks of consolidation in the book since May 1st flash crash. TREND: neutral and going sideway. Still printing between 35 to 38.55. Boring price actions. HEART wants to buy, HEAD says wait. Backdoor QE infinity has been in work in progress by Uncle Benny.

Not selling a single oz of physical yet.

Monday, June 6, 2011

SLA update: June 6th 2011

Silver Liberation Army Update: silver closed the week at 36.29. TREND: neutral & going sideway 34.90 to 38.75. it failed to overcome important 39 resistance for the third time since May 1st flash crash, stalled at 38.75. HEART wants to buy. HEAD says WAIT. short term; 26 - 29 could be in play. stay tuned. peace.