Ted Butler : JPMorgan and the other COMEX crooks are successful in tricking the technical funds into forced selling

Friday, February 4, 2011

Ted Butler : JPMorgan and the other COMEX crooks are successful in tricking the technical funds into forced selling

Ted Butler : No one knows for sure. It comes down to how much additional long liquidation the big shorts can engineer. We are still above all the critical moving averages, so there does exist the possibility we could go lower to get the technical funds completely flushed out. For sure, if we do go lower, it will be because JPMorgan and the other COMEX crooks are successful in tricking the technical funds into forced selling and not for any other reason. But there has been significant liquidation already, so it is just as possible it could be done or nearly so. Certainly there is nothing in the real world of silver that would account for further selling.

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