While JPM et al continue to gouge those still hopelessly trading paper metal, we stackers delight in the opportunity presented to us again today.
I've practically begged and pleaded with you to stop trading paper. The only way you have a chance in these utterly manipulated and broken "markets" is to trade alongside Andrew Maguire. Barring that, you're doomed. The Evil Empire is dead set upon flushing the spec longs and covering as many naked shorts as possible before the final, dollar-collapse-fueled ascent. They will stop at nothing to protect themselves before this happens.
Witness today. The manipulation is now so bald-faced and clear to see that it is obvious that The Cartels no longer care about appearances and plausible deniability. The bought-and-paid-for regulators at the CFTC are accomplices in these crimes. Regardless of the evidence presented to them, they sit idly while The Criminals perform their dirty deeds. Their dishonesty knows no bounds and they must, in the end, be held equally accountable.
Again, in what has become modus operandi, do you see any correlation below? Of course not. Stocks and crude continue to rally while the metals are raided.
Will the price of silver stop at $31 or will it continue to fall toward $28 or even $26. I don't know and, frankly, I don't care. I know what the fundamentals are and I know where price is, ultimately, headed. What happens over the next few days and weeks is of zero, long-term significance.
What is significant is this: Soon the world will realize that physical silver and gold are scarce, having been leased and hypothecated many times over. The world will also learn that much of this scarcity has been caused by the nefarious and manipulative acts of the very same TBTF banks that brought us to the brink of economic collapse in 2008. The global reset of power will be unprecedented and breathtaking to behold. The only protection you have against the certainty of these events is your physical gold and silver. Therefore, rejoice on days like today. You have been given the gift of time and a heavily-discounted price. Please utilize both to your long-term advantage.