"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat


Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput

Trader Dan's Work is NOW AVAILABLE AT WWW.TRADERDAN.NET



Wednesday, May 4, 2011

Silver - 8 hour chart update

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3 comments:

  1. 999SilverDogMay 4, 2011 at 9:23 AM

    Appreciate the work Dan.

    ReplyDelete
  2. MarkMay 4, 2011 at 9:39 AM

    It's official. 1 billion shares of SLV have traded in the last 8 trading days. I wonder how many "decades" that is of annual silver mine production. The bit-flipping locusts have completely swarmed over the SLV market. How ironic that this "sound money" instrument is now the No. 1 speculative poker chip in the Hi-Fi Robot casino!

    ReplyDelete
  3. The DocMay 4, 2011 at 1:31 PM

    it was about time we had a decent buying opportunity! Would love to get a chance to increase our positions around $35-$36!

    ReplyDelete

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