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Monthly Digger - November 2011


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I used to live at a spot where the directional sign would point left for east and right for west. I would have never considered it to be east or west but south or north and that is also probably why many had to park across from my home and take awhile to look at their map and figure out if they were going in the right direction.

 

We may travel between 1600 and 1900, but it's still the right direction.

 

RIC

http://www.StockSharePublishing.com/ChartLib/RIC_10_31_20_19_1320106796.png

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http://www.kitco.com/reports/KitcoNews20111107DeC_outlook.html

 

"Managed-money accounts added to longs and cut shorts in silver, increasing their net-long for silver to 13,261, the biggest position they’ve held since late September. They raised gross longs by 669 contracts and cut gross shorts by 486 contracts."

 

 

http://www.zerohedge.com/news/china-takes-advantage-september-gold-price-drop-imports-record-amount-gold

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http://www.kitco.com/reports/KitcoNews20111107DeC_outlook.html

 

"Managed-money accounts added to longs and cut shorts in silver, increasing their net-long for silver to 13,261, the biggest position they’ve held since late September. They raised gross longs by 669 contracts and cut gross shorts by 486 contracts."

 

 

http://www.zerohedge.com/news/china-takes-advantage-september-gold-price-drop-imports-record-amount-gold

 

Amen. So, today would be a nice confirmation of that.

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