Loading ...Traders are looking at the fact the commies just raised margin rates on Comex – so they are being careful.
Why? Because we know they are spoiled brats, so they won’t stop until they get their way.
Thing is – if silver finishes the month anywhere around this level it will be in the top three all-time quarterly closes ever.
Knowing this – if the PCE numbers on Friday are not run through the easy bake oven at least three times will be shocking – and who knows – maybe they will try to affect outcomes by tightening margins again – which again – traders know this is a big risk (because they are nuts).
So again, if you are looking at this through the banking families lense, they are losing control here, so expect more desperation.
And this can work until it doesn’t.
Once it stops, they could lose their multi-century hold on mankind.
So, the stakes are high.
Chuckle