Loading ...Exactly.
It’s the idiot CTA’s that bought on speculation silver was going to be included in the tariffs.
These characters are the banker’s cannon fodder.
These are semi-moron aggressive traders who don’t understand much.
So, they have silver down to the new cost of production range $28 to $30 in two days.
And they deserve it – where with any luck they won’t be back for a while and physical offtake can accelerate at great prices.
The three-day rule puts a bottom on Monday.
Act accordingly