The 50-day moving average is just average to the cartel, and it can be muscled at will right now. We really don’t want to stay under that level for much length of time. Rather, look out for $16.09.
You can bet your bottom dollar that the powers that be are looking to smash to or through $16.09. That price level would put in a lower-low:
It is unfortunate to think of $16 silver, but I can’t be the bearer of better news.
If silver is smashed like we think it will be, now would be the perfect time to buy the dip.
There will not be many more opportunities to buy sub-16 silver, and tomorrow may just be one of them.
Get ready for the full brunt of the Federal Reserve, the Exchange Stabilization Fund, the Bullion Banks, and everybody else who has a stake at slamming a few cheap shots at sound money.
Your patience will be rewarded.
- Source, SD Bullion
