Wednesday, May 25, 2011

The Silver Thursday and Texan Bunker Hun

The recent rapid rise and fall in the price of silver has left many making comparisons with 1980's Silver Thursday and Texan Bunker Hunt. Silver soared to an all-time high on Thursday 28 April 2011 , Silver briefly climbed to within a whisker of 50 U.S. dollars per ounce, eclipsing the peak hit when Texan brothers William Herbert and Nelson Bunker Hunt sought to corner the silver market three decades ago. The metal later pulled back on technical selling. Options traders reported strong buying of long-dated in-the-money silver calls, indicating bullish investor expectation.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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