… those who thought they had valuable information front ran the Iran strike … with the buying mostly specs (19k for gold a 4k for silver)
Metals Daily Exchange Volume & Open Interest – CME Group
Now the bankers are in a position to smash silver (not so much gold with a low open interest) going into quarter end here in June (denying a quarterly breakout) – denying not just the idiots playing the futures – but everybody else too.
Obviously, silver is just an end game asset that will have more realistic value in a complete collapse situation. ($70 silver doesn’t even capture a tenth of the inflation – money printing)
Any hopes of making money on it before then is likely fool’s play.
A little good news on the Iran front a week from now and down she goes because it will be viewed as a monetary asset by the algos that day. (because the bankers control the big ones)
It’s Kabuki Theater folks.
Mornin all
