tyb
and it is sooo needed. Clean out the excess bullshit..voluntarily speaking of course-kek
that (COMEX) market has no relationship to reality. You are seeing the destruction of the paper market. Once they are removed from creating trillions of paper contracts the price get to where it should have been. It could go lower in the interim period. lot's of these contracts still to go.
This is a backward looking data set so it does not include anything after March 10th..another issue that needs to be solved
https://ycharts.com/indicators/comex_silver_futures_open_interest
POTUS gonna hand them a bill for all this shit and they will "pay" for it by zeroing out the debt. This allows the Chinese leadership to save face with the people-they need that so they do not get thrown out for appearing to be weak. Cultural thing
they do but remember that is also paper-even moar so. They are just liquidating anything and everything because of the overall market movement. Last time I checked every piece of physical silver had an ownership claim of about 70x. This is through the ETF's, managed accounts, COMEX bullshit and moar.
They also were losing about $1.5b on the short side for every $1 it rose in price. Eventually they were going to have to nuke it because the amount of contracts were at record levels on the long side.
Royal Saudi AF MEDVC5A Medical Evac out of Houston Hobby and NE.
This came from Dublin with a ground stop at Boston Logan in to Houston yesterday.
they have our debt so they can just say well you "owe" us this already and on paper they would be correct-leaving aside the fraudulent way it was created- and then…..POOF it's gone.
no se, did not handle that one.
JEDI17 Flying Antenna Farm Beechcraft out of Seoul north and then EW pattern.
they bought an ass ton of issued gov't debt. We "owe" them the coupon payments on it-plus the value at maturity. So no..not on that. Largest holder of US debt is China, second is Japan. VP got out of his starting in 2016-has virtually none of our debt any longer.