Submitted by SD Contributor SRSrocco:
A FEW WORDS ON CONSPIRACIES
If you go to any local courtroom and sit and watch a full day worth of court cases, chances are you will witness several cases based on a “CONSPIRACY”. Furthermore I would like to list several well known large cases of where CONSPIRACIES have been present:
ENRON. WORLD COM. BERNIE MADOFF. MF GLOBAL. AIG. FANNIE MAE.
and the list goes on and on…
There is no way these organizations were able to have these sorts of HIGH STOCK VALUES without some sort of CONSPIRACY to manipulate figures, laws and regulations. If a professional trader believes the WATERFALL sell-off was due to technical analysis… well, there is nothing I can say… can I??
Today, if one is not well understood in CONSPIRACY THEORY, then you are in fact……INSANE. I gather if Doc & Turd are Conspiracy Nuts so must be ERIC SPROTT & JIM SINCLAIR… along with a large list of others. I wonder if JACK DANIELS is a billionaire like that Conspiracy nut Eric Sprott?? (sarcasm added)
I enjoy all input and debates on all issues. That being said, the worst email comments I received in response to my articles were from so-called professional traders. One of the worst was a response from my article THE DEATH OF TECHNICAL ANALYSIS AND SILVERS TREND. A so-called professional trader thought I was just insane. He let me know that anyone can write almost anything and get attention. I replied by letting him know that his response was appreciated and I would get back with him in several years to see who was INSANE. I got my money on my HIDE… yup I am a bit biased.
LASTLY…. SILVER & THE COT CHART
Someone posted a very interesting COT CHART on silver on TFMetals. I took the liberty of adding some silver figures to the HIGHS and LOWS of the net commercial shorts. You may find it very interesting that we are at a LOW LEVEL and LOW PRICE currently: