Loading ...While there are a lot of idiot PM derivatives gamblers that need to be forced out of their positions in coming days, I am hopeful they see their ill-advised ways after this predictable shellacking and start accumulating actual bullion and shares to counter the games played in the derivatives markets. I am dreaming of course because they are beyond hope, which is why the end game is particularly nasty, with a return to far more primitive living increasingly likely. (i.e. if everybody is in stocks, derivatives, etc. even if we get hyperinflation first, in the end most are wiped out.)
That said, and bringing in the time frame, as long as silver hangs in while the gold gamblers are purged in the futures, there is a better than even chance PM’s rally further after a consolidation in the week(s) to come.
Cheers