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Thursday, 2 August 2012

COMEX phony as 'professio​nal wrestling'...............from Rico

Another unbacked paper Silver 'take-down' in the NY session. Textbook. Classic.
- It is also about as 'real' as 'professional wrestling' is real. This is blatant paper price manipulation at it's, er......best. Anyone who is still playing in the COMEX casino, deserves it (meanwhile the rest of us suffer in the silence of the regulators).But why?
- This reduces the massive concentrated short positions for the 'invisible hand' in an attempt to move the Net Long as a percentage of Open Interest [NL%OI] from negative to positive.
- BEFORE the FED or ECB can inject more liquidity to keep the current corrupt system afloat, the NL%OI has to turn positive.

Until that happens, the beatings will continue until morale improves.
- Thank you, may I have another?

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