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No fear.
The Bernanke put, and the regulatory pass, an echo of 2005-2006.
But can they keep it going?
The volumes in this rally are thin and prices are being set on a margin backed by increasing leverage and credit. This is not a great prescription for market stability.
Different day same script. Early paper selling in NY is bought by steady hands and physical bullion buyers.
I think it is going to take a serious stock market selloff to stop silver's upward momentum.
INTC reports on Thursday and JP Morgan on Friday before the bell.
"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves."
Norm Franz, Money and Wealth in the New Millenium
