In what is usually a relatively quiet part of the trading day both Gold and Silver already getting hit jobs.
They will continue this tomorrow.
Someone just 'dumped' a bunch of paper on Ag right on the NY Globex open-straight down on the open.
Totally "natural" /s
They need the spot price down for Tuesdays weekly print and that happens at 1:30pm EST
https://www.kitco.com/charts/livegold.html
https://www.kitco.com/charts/livesilver.html
93e60c (12)
The contract data comes out later tomorrow use that-tells the entire story.
Plus you can see 'zactly what it costs them to do it too.
>Most manipulated market in the history of forever.
agree
>50 years of price suppression.
it's closer to 200 ever since Second National bank shut down by Andrew Jackson
ty for that-see that.
use the daily COMEX data but I do not go into who delivers what because I have never believed any of it-what is empirical is how many contracts at what price and that not known until later.
>Meaning someone was getting paid a serious rate of return to short silver.
100% accurate
It really got bad-the suppression in the early 1900s right before the FRB created cause once they decided to make silver the industrial metal (a no-brainer at the time) it was something you could never go back on.
I happen to subscribe to the theory that we have plenty of gold in the ground (all the National Parks) but we do not have as much silver as everyone is led to believe.
The Oak Ridge Manhattan Project used billions of ozs of silver for the calutrons and they always said they put it back-even have docs that say they did but when the Hunt bros shit went down in the 1970s-early 80's they actually had to get some from the Defense Dept and issue coins through the Assay Office and some of that was found to have some traces of radiation so they put some of it back but not all of it.
The Waco shit in the 90s also had some elements of this as it was speculated that they had a bunch of physical silver the Feds wanted and those docs were in the Alfred P. Murrah Federal Building in OKC.
Was never able to confirm but have seen several others say same thing..