SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Wade4/27/2013 10:16:10 AM
1 Recommendation   of 48092
 
Gold

"Clearly, The Gold Cartel Bullion Banks have used the occasion of the $240 selloff in paper price to aggressively cover shorts and add longs. Which side do you think will profit from these changes? The Specs now nearly crowded into the short side (the SmallSpecs are net neutral, for Pete's sake!) OR The Cartel?"


Silver


Oh my goodness gracious, I really don't know what to say about the CoT picture in silver. There is now NO DOUBT that the oft-mentioned "Civil War" in silver, where the entire commercial category rises up and takes on JPM, is ON! It's happening right now, in real time.

I was amazed last week that the silver commercials, who had openly challenged JPM by building a gross long position in excess of 60,000 contracts, had not been forced out of the long side by the $5 drop and the attendant margin hikes. You'll recall that last week, the Comm longs added contracts, instead. Not a lot but who cares? Just the simple fact that they didn't capitulate was HUGE. And now get a load of the action from this week:

..more

tfmetalsreport.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext