Friday, July 15, 2011

Silver Update 7/15/11

Bob Chapman - Discount Gold Silver Trading 14 July 2011



Bob Chapman : ...this is probably one of the most powerful rallies that you'll ever gonna see in anything not just in gold and silver , what happens is the manipulation by owners of the federal reserve JP Morgan Chase Goldman Sachs Citi Group HSBC and others to drive the price of gold and silver down did work to a certain extent but what they did do in that process is form a base a lower base than they had before and that base has been tested now 8 times , usually a base of support does not get tested more than 3 or 4 times , 4 is unusual 8 never happens , and when you have a base like that it is so powerful that usually beyond that you'll have a rally of a 100% to a 150% in both metals that's what's coming

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