Eric Sprott moves the silver market

Links

http://www.zerohedge.com/news/explaining-todays-silver-surge

Sentiment for the silver market is changing

http://www.silverseek.com/article/silver-market-update-january-16th-2012

Category:

People & Blogs

Tags:

• streetmoney21
• silver
• gold

[davincij15]

I have seen this before silver has to have a weekly close over 34 before there is a change in it's direction.

[streetmoney21]

@davincij15 I agree with you. The MF global theft really hit the market hard and not to mention hedge fund redemption that cause Paulson to sell a lot of gold to pay back investors. Eagles sales are insane now and may beat the record set last January. The signs are super bullish.

[ChristopherWalkenPUA]

I got some AGNC you recommended last year. The next big fat dividend is gonna be paid to me on Jan 27th. The nice thing is I have a 5% unrealized gain on it too. I'm probably going to get some NLY as well if the price comes down. I don't think the Fed is going to be raising interest rates anytime soon so I'll just keep collecting the dividends and use some of the proceeds to buy more physical =)

[streetmoney21]

@ChristopherWalkenPUA Nice to hear you are doing well! AGNC will send my kid to college lol. Keep stacking!

[newmankevin44]

went long yesterday with my full paper account that was nice. bought tons of silver on the dips and shorted in to them with paper that was nice too. thanks your input on helping me to decide to sell for cash at 40. now i am making good money because of you pushing me over the edge money. thanks i needed a little push i saw it coming after the frank peg but didn't want to sell still.

[streetmoney21]

@newmankevin44 Anytime! I know it's hard given that central bankers are going everything they can to shake us out the market. The fundamentals will carry us, but it's up to us to learn how to ride the waves of volatility.

[Liam1304]

I NEED YOUR HELP streetmoney - in your Dec 28 video you were expecting silver to pull back maybe to $17. Now you're saying "I don't know why people are so bearish, silver is really bullish".

What am I missing here? Cheerio

[hotsaucze1]

It's a bull trap, next week it's going to get hammer, cuz of the end of the month(3rd of last business day) contracts that close. Margin hikes? Getting ready for the next big buy.

[1imtrying]

Drutter pushed me your way!

[nikkilynne1934]

Can you help out a newbe? What are some good places to go through to buy?

[DuvallSilver]

YEEEEEEEAHHHHHHHHHHHHH MAN@@@

[brown55061]

I see a big dip coming shortly. The first smack down and second were about 5 months apart to the day. We'll be closing in on that same time frame soon. I think a lot of the big moves were margin hikes and large margin calls that influenced futures activity by JPM and others. It could just be in my imagination but either way the charts are looking like overhead resistance is too strong and I see the low 20's coming to a bullion dealer near you.

[lizadfuel]

Great video! Why doesn't the US have men like you running the country! I would vote streetmoney21 for President!

[Silver2012DotCom]

0:38

[stangGTKKK187]

yeaaaaaaaa man

[dstrother72]

Appreciate you. Keep it up.

[MegaGustafo]

Street is back! Yeah Man!! :)

[akatheone1]

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