Silver
Some quick thoughts on what occurred and what’s next. Bob Coleman suggested large buyer of Silver recently was likely Paul Tudor Jones. The CME pulling the plug to stop the price breakout was clearly the reason. I believed, as I laid out in my post Friday morning, a decision had to be made and was probably made by President Trump. The choice came down to not opening trading, which would have crashed the stock market and many other markets, including gold and silver at least in the short run, or opening trading, which they finally did, and allowing the silver shorts to get squeezed, which they also did. Next week is tricky, since it is just a matter of time(very little left) before Silver explodes higher, because of the shortage of actual physical metal. A quick slam down(back test) is possible,(no guarantee one will occur) before the real upward explosion plays out. I always say the sooner after the breakout you get the back test, the better. Whether they orchestrate one Sunday night into Monday, or later on in the day or week, is anyone’s guess. If we do get a Sunday night slam, I will make one more purchase of physical silver.
That last paragraph = my thoughts exactly