This is the week of weeks for silver. Please go through this thread I started back in mid July warning of what could happen in August.

https://twitter.com/dailyedgegroup/status/1416066095547510790?s=21

Last message attached to this long one is another mini thread, added this morning.

https://twitter.com/dailyedgegroup/status/1429470801506357258?s=21

SI futures options for the September contract expire Thursday, the contract rolls Monday August 30 to the December contract with gold, the only time of year gold and silver are on the same contract expiration. This is a big reason why in previous years (such as 2000s decade) both could run all the way to November (December contracts expire this year on November 30).

Watch for additional short games to be played with silver paper contracts into the Jackson Hole and PCE Friday, as well as the roll next Monday on the 30th. Many of the huge drawdowns we have seen in metals occurred right at contract expirations in the last 12 months (November last year was a great example, the day after silver was up 5%).

* Side note: This site seems to have deteriorated over the last few months. I don’t check often, but the first 3 pages are nearly 100% unrelated to metals or currency trading. I find that odd for a a place that is intended to be dedicated to those topics, and mostly through chart (TA) analysis.