Loading ...That’s exactly what is happening. This was just too easy for the cabal. Silver Squeeze 2.0 gave them the excuse to come down hard on it today.
You could see this coming on Friday via index topping tails and ratios.
That said, this weakness can persist – especially for silver as long as stocks are declining.
And stocks are set to be cut in half this year potentially with Trump’s policies disrupting global economies.
I would not read much more than only very short-term ramifications on silver from this however, because with gold increasingly becoming the #1 go to tier 1 asset in the world now (not gov’t debt anymore), this should make for a profound slingshot move in the shinny at some point in the not-too-distant future,
The gold/silver ratio is vexing the large round number at 100 again, so this should be viewed as a buying opportunity with an intermediate time horizon in mind given a complex level of constraints – with manipulation and naked shorting at the top of the list.
This raid was just too tempting for them to show the world who is still boss – or so they think.
They are wrong.
Mornin all