Fantastic article CM !! I’m sending this link to the Mike Maloney (news aggregating) team to get more exposure – it should probably also be a Primary post here at the TENT too. Thanks for sharing.
I just watched the Portnoy/Vlad full interview and ONE HUGE QUESTION NOT ASKED was – “If you’re just claiming to be an order taker and maker, are you not asking, along with MILLIONS of traders why (systemically) the institutional BUYERS WHO WERE COVERING THEIR (re-hypothicated) SHORT shares WERE NOT COMPELLED TO SELL TO THE profit taking MILLENIAL DAY TRADERS ON YOUR PLATFORM !!”. RH is basically saying they were just doing what they were told by the ‘financial system’ guys. Portnoy also gave Vlad a big pass by not grilling him on the revenue relationship RH has with Citadel or anyone else concerning their user behavior – he should have been better prepared.
I didn’t watch the Maxie Waters questioning, but I’m sure she didn’t have the gray matter nor desire to query that!
I am so waiting for the moment when demand delivery for silver contracts are forced to be settled in cash! The mindset for this run must to be a marathon, not a sprint. Personally I would take a run on the banks but of course I have had practically ZERO currency with them for years now. Pissed, I AM!
Not addressing the short squeeze question but see my post about the metals long term.
Just read this.https://silverseek.com/article/ahead-march-comex-silver-deliveriest Addresses your question. For the bottom line scroll down to the italicized section starting “Thus it is time again…”
Fantastic article CM !! I’m sending this link to the Mike Maloney (news aggregating) team to get more exposure – it should probably also be a Primary post here at the TENT too. Thanks for sharing.
Your welcome YYZ. Sometimes he can be tedious, but Hemke did a good job with this one.
Harvey Organ should take a tip from this guy in explaining WTF is really going on with PM futures.
https://harveyorganblog.com/
I just watched the Portnoy/Vlad full interview and ONE HUGE QUESTION NOT ASKED was – “If you’re just claiming to be an order taker and maker, are you not asking, along with MILLIONS of traders why (systemically) the institutional BUYERS WHO WERE COVERING THEIR (re-hypothicated) SHORT shares WERE NOT COMPELLED TO SELL TO THE profit taking MILLENIAL DAY TRADERS ON YOUR PLATFORM !!”. RH is basically saying they were just doing what they were told by the ‘financial system’ guys. Portnoy also gave Vlad a big pass by not grilling him on the revenue relationship RH has with Citadel or anyone else concerning their user behavior – he should have been better prepared.
I didn’t watch the Maxie Waters questioning, but I’m sure she didn’t have the gray matter nor desire to query that!
Portnoy vs Vlad
https://youtu.be/0t_mRQGTifo
I am so waiting for the moment when demand delivery for silver contracts are forced to be settled in cash! The mindset for this run must to be a marathon, not a sprint. Personally I would take a run on the banks but of course I have had practically ZERO currency with them for years now. Pissed, I AM!