The day started with a very huge, and very obvious, 'paper raid' at the Globex open ...which failed.
- The Cartel must be frustrated that the physical buyers overcame the paper sellers and we saw an 'outside reversal' followed by some blatant price 'capping.'
I'm NOT a day trader, but if I were, I'd expect another 'raid' tomorrow.
- In a climate where there is NO regulatory control, nor any consequences, why would the Cartel NOT do "God's Work" [read: the Central Bank's]?
If we should see a paper 'failure' two days in a row, the end game may be here and physical may well have beaten paper...
- HKMEx has collapsed due to lack of physical, can the COMEX or LBMA be very far behind?
Merry Christmas 2024
2 hours ago
1 comment:
Rico, Will you explain this a bit more, please?
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