I am amazed that silver is up 11% today. The day session and the evening open.. Super Wow. I hope all of us are killing it. My biggest amazement is the growth of my physical. I tell my twin 16 year olds that owning physical is like owning a business without employees, overhead, rent, the perfect business.
Plus there have been stories in media last week or so that the Justice Dept. is forcing JPM to reduce thir silver position. Which I am sure at this point that is what they want to do anyway.Sell slowly at higher prices to ring the register.
Cheezus. Like noman said.. a days trading in 30 minutes. Lock limit after lock limit.
I am amazed that silver is up 11% today. The day session and the evening open.. Super Wow. I hope all of us are killing it. My biggest amazement is the growth of my physical. I tell my twin 16 year olds that owning physical is like owning a business without employees, overhead, rent, the perfect business.
AM, if it takes out 23 and keeps going, you may be correct about something going on at Comex?
We shall see but the trading is unusual. Perhaps JP Morgan just walked away from the situation completely and the sharks smell blood.
JPM walked away from the short side some time ago. JPM is now long the metal
Yes I know, I meant they walked away and aren’t providing any physical bailout for the other banks. Chum in the water!
Plus there have been stories in media last week or so that the Justice Dept. is forcing JPM to reduce thir silver position. Which I am sure at this point that is what they want to do anyway.Sell slowly at higher prices to ring the register.