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roger at 4:00 on Friday
hi bill,
well, the HUI just made a SIX MONTH LOW. All
the metals and miners are still in serious bear
trends. the silver OI is still up there at 200,000.
there’s nothing good about the COT report.
why the endless talk of this is the bottom, i’m
buying, i’m all in, and back up the truck? things
are obviously hopeless in the short term.
now egon von greyerz (a good guy and one of
us) has joined the chorus. he says the Final
Bottom will be formed this month, and gold
and silver are like “coiled springs ready to
explode”. baloney!
i’m about 19 cents ahead on my silver
futures ($19,000). i’m look for the Final
Bottom more like this fall
best,
roger