Loading ...They are holding both the shares and silver down in order to keep gold contained.
More physical went out the door yesterday.
Gold Futures Volume & Open Interest – CME Group
They are bleeding gold right now but they have silver contained with the threat(s) associated with liquidity concerns.
It’s a mind game being aided by algos/machines.
I just don’t see how silver does not break higher to at least $37, but if it doesn’t before stocks continue crashing, it’s conceivable they smash it down to the cost of production again.
I don’t see that happening because the Dow/Gold Ratio has reached an intermediate support level, which should bolster stocks for a few weeks at a minimum.
DIA:GLD | SharpCharts | StockCharts.com
In this time, you would think silver can blowoff a bit up into the $40 area – maybe a bit better – but who knows.
I can guarantee you DOGE will never be looking into any of the market(s) watchdogs.
I can guarantee you that.