The COT report shows that the scum still has over 100K short contracts on the books.
ferret
That was sort of my thought as well. If the Crimex cannot be trusted to deliver on their paper promises, and worse, when they can’t deliver, they change the rules to favor a particular party (banks, shorts), how can they be trusted in any of their other markets?
Why would anyone, especially a larger entity, continue to use them?
What they did yesterday on Christmas Eve no less, should be enough to sink all their paper markets.
I’m thinking about writing the CFTC to tell them what a bunch of crooks they are.
Don’t trade on ghost week
Wind woke me up, surprised no power outs.
Checked silver. No apparent trading current candle is a bullish spinning top.
The reason not to trade, humans in Aspen, robots in charge right now then the melt up and why.
Buygold, once gold players have realised what’s happened in the silver market,
they’ll probably precipitate the rush out of COMEX whilst there is anything still there. That is, they won’t be waiting for a big player to act because by then it’s too late. Then it will be copper, aluminium, whatever else is rehypothecated to infinity and beyond.
I’m surprised cousin wasn’t on to it earlier, she and her daughter were all over the covid stuff. The police kept threatening to close their hair salon because nobody was wearing masks. They just kept daring the police to take them to court – they never did. No vaxxes, of course, but plenty of exposure to conspiracy theories facts.
Fwiw what if
Need to call it a night but one last video familiar voices.
What if the dollar collapsed.
Buygold
Either they don’t know about them yet or something else. Resentment Woulda could shoulda or plain gold pays no dividends and why they’re not buying it or silver with no thought of a safety net despite seeing currency’s vanish to inflation. It’s also important to tell the young not to talk or brag about it to others that don’t have it or tell anyone you have it. Not anymore that you should tell them you have bunch of cash in your home. They could endanger themselves. At some point we might have to exchange our own PMs and shops could close or rules having it change like new gold taxes. In California they already tax it. To think about that. Where you would trade or sell in a public or secure place and make sure they don’t know where you live or follow you home. Hope it doesn’t come to that but probably be a good idea to think about.
Ferret, Goldie
ferret – I guess so. I was wondering that if they are draining supply of silver in Crimex, could they also do the same with gold eventually? Hope your cousin is right and it goes to $2500. 🙂 I’m surprised she’s on it with silver. I’m pretty sure not more than 1% here have a clue where silver is right now. I wonder where gold will be in that scenario.
Goldie – so his voice using an AI platform with the “Asian Guy” as the reporter? I read in the comment section that his video’s have totally taken YouTube by storm, and his videos have taken over the YouTube silver videos as most watched. Still, in comparison to other topics, not that many views.
Ferrett
What blows my mind is when they buy it here and sell it to China for a few dollars more after shipping China is not going to sell it back, not at that price anyway. They’re treating it like it has unlimited supply.
You know what’s even funnier than what you described. Is when you gave silver as gifts back when and know a person sold them and tell them something like that.
Buygold
I think I tracked down that familiar voice on your last video I ran into too and some others.
Update
Nope it doesn’t sound like him. Maybe a voice actor.
- Host: David Szafranski.
- Content: Covers finance, faith, market updates, and personal finance tips, with regular giveaways and book promotions.
Buygold, so it’s really up to the Chinese then, is it?
In the past when we’ve had these COMEX scares, pressure has always been brought to bear upon those who could have forced default by insisting on taking delivery to take cash settlement instead. When it was all paper contracts. But now, China has the inventory. COMEX has become irrelevant. And all this time, we were all wrong. We’ve been saying the wrong thing. It’s not gold.
He who has the silver makes the rules.
I like his comment that when demand destruction occurs at around the $150 mark, it won’t matter because the investment panic will take over. I caught up with a cousin last week, hadn’t seen her for six months or so, and in the interim she has discovered silver. Road to Damascus conversion. Can’t buy enough of it. “It’s going to $2,500, you know.” Her eyes almost literally fell out of her head when we described a 400 oz bar …. my father in law used to keep them on his garage floor mixed in with building bricks as disguise.
sng
I might have to give that a listen (though I would rather read the transcript). I’ve been a subscriber to various Casey newsletters for many years. He’s always been a favorite of mine.
Mike Adams interviews Doug Casey, The International Man: A Global Reckoning Is Here and Most People Are Unprepared.
Under an hour and the most common sense interview I’ve heard with the best advice for navigating our imminent future. In case you don’t know Doug Casey, he is a truly successful legend in the financial world, and especially in mining and PM’s….and he has his pulse on EVERYTHING! Well worth your time! SNG
https://www.brighteon.com/14cb288c-9952-4876-b774-2ada028319bf
Yes, Merry Christmas to all
And finally something to be especially merry about after lo, these many years.
Aufever
Lol 🤭
Captain 11:00
The most informative video on silver market shenanigans I have seen.
Thanks for posting it.
I hope they like the way their heads look on bright, shiny silver platters
C Hook
The voice on these videos sound familiar I just can’t place it. Good video
redneckokie1
Tks for the update….will include u in my prayers……need yr experience, as it looks like this is the real deal, a super bull after decades of suppression.
The TA supports way higher Silver.
Captain – love this guys video’s
He’s on it. You know what? Screw these bankers and the CFTC, they are open criminals now. If you choose to play in their rigged casino, you deserve to be fleeced.
I’m so glad they failed today. What they did was unconscionable, and an abuse of power. I hope the banks have lost control and suffer massive losses.
This has been allowed to go on for far too long.
Now the shares need to come back to positive on the day. They should in anticipation of the Shanghai open.
So they raised the margins …
… blew their load … but they can’t find anybody willing to sell (silver prices are green again) … with the Chinese waiting in the wings.
Chuckle … snort


