Silver Force Majeure?

Silver Force Majeure?

I should say there’s a “rumor” that’s a major Comex silver buyer is demanding physical delivery on 5,000 contracts. Silver Force Majeure?

Silver Force Majeure?I’ve checked various sources and have been unable to confirm this rumor. Personally, I would think if this were true it would make headlines in every financial market in the world.

If it were true, this is one way it could play out: (more…)

Silver Bull Trap – Kenny Rogers Was Right

Silver Bull Trap

Friday silver touched $121+—stackers screamed “buy the dip!” Bought late Friday, piled in Monday, Tuesday. Today? COMEX right now- $69.20. Yes, down Apx 40+% in just a few days!

Silver Bull Trap

Silver Bull Trap

Lesson straight from The Gambler: you gotta know when to hold ‘em, know when to fold ‘em. A few cashed chips as the top wobbled; they’re up. The rest? Sitting on melted bars. (more…)