2011-05-05 15:27:26
Looking for an oversold bounce in silver ... this is still a difficult GLOBALLY hostile environment with civil disputes, revolts, and terrorism; therefore, ... a bad time to be shorting commodities.
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The bears are licking their wounds and trying to figure out what a "Safe" short selling price is. Unfortunately, given the global trials and tribulations ... civil unrest as well as potential government debt downgrades, defaults, and revisions in credit ratings ... there may not be any Safe" short selling price. I believe things will sort themselves out to the plus side ... but it'll take 3 to five years to do that.