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Author Message   Nbkfan123 Pilla Bewarse Username: Nbkfan123 Post Number: 174 Registered: 11-2010 Rating: N/A Votes: 0 Posted on Friday, August 31, 2012 - 11:18 pm:    Today's COT report confirmed what I have suspected: TPTB have decided to let silver run for a little while and have increased their short exposure to 38,575 contracts. That is nearly double what is was just 4 weeks ago, triple the levels 6 weeks ago, and nearly quadruple the levels of just 10 weeks ago. One thing that helps me feel more confident that there is far less speculation than there used to be in the silver markets now, is the fact that 40-50K contracts used to support a price of 48$ in May 2011, but only supported a price of 42$ in Sep 2011, 37$ in Feb 2012, and looks unlikely that we'll get over 34$ for this particular shearing cycle. My interpretation is that the effectiveness of the Cartel shearing cycle is waning...their games are suckering in fewer guileless get-rich-quick-on-silver hopefuls, and the price swings are not as extreme dollar-wise (although they are just as severe percentage-wise). Don't get suckered. Wait to buy silver until COT's are under 20K again (and falling), and AFTER the price of silver has been hammered repeatedly. There will be plenty of opportunities over the next 3 months with all of the terrible news coming this fall...increased unemployment, election games, etc. Isn't the 3-6 month shearing cycle completely obvious from the graph below? Knowing this is the pattern, all you need to do is buy silver when COTs are low, and hold long-term (if you're a stacker) or sell silver when they're high (if you're a trader). If you followed this 'trading advice', you could now be selling your 26$ silver bought in June 2012 for 20% profits at 31-32$ over just a 3-month period. That is an 80% annualized return, folks. Think it through folks! Don't pay more for your silver then you need to, and don't get caught buying at the middle or top of the shearing cycle upswing and selling at the bottom or middle of the downswing! You need to do the OPPOSITE to outsmart these manipulative baxxstards!