The commercial short in silver is a record, so da boyz are desperate to keep it contained.
Thing is, they are up against the Chinese, Russians, and BRICS this time – with their combined population and economies now eclipsing the West increasingly.
So, they are not like the schoolgirls that populate Comex specs going up against Western banks.
And they are removing all the physical.
The BRICS gold backed token is a very big deal and those who intend to participate need to be in position for the kickoff – or at least well on their way.
The big meeting is in Russia in October so the rally should last until September.
A September high like in 2011, along with weak stocks possibly (causing liquidity problems), could trigger a big correction for several months at that time.
So hang on to your panties girls and boys.
Quite the ride coming.
Chuckle