Loading ...Yeah, who knows what games are being played in the silver market? Is it possible that some producers are beginning to hedge?
Regardless, silver is picking up steam now that the Crimex is closed. Pretty sure this is not the action they were looking for when they raised margin requirements to $20K.
That rumor of the EU wanting to dump our bonds has been floating around and doesn’t want to die. Makes me think there’s truth to it. The EU would destroy Europe if they were to do that, the repercussions would be devastating, especially for Germany. Course, the dollar would suffer big time, and the Fed would be fighting to keep rates from exploding. Hard to imagine a more bullish scenario for gold.
It can’t be long before the world collapses into total chaos can it?