That’s what I mean, if they actually had to cover, prices would be going up triple digits, not 1/2% – 1% a day which is the norm – even with silver going ape. They still seem to somewhat have a handle on gold at least. This is almost a technically controlled ascent.
Seems like we’ll need a major default for things to really, really go.
PS – I think the market was already closed after my last post. I’m on the west coast time zone. A little messed up.