OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Strong gaps on Monday

Posted by redneckokie1 @ 19:37 on January 31, 2021  

When a market opens with a strong gap up or down, many times a brokerage house is liquidating positions on which margin calls have not been met. Silver markets are the most shorted metals market. Palladium is another market in which the shorts were fried.

A bull raid on the shorts here could send physical silver in orbit unless the CFTC steps in  like the Hunt brothers fiasco in the 1980’s.

rno

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.