Loading ...If not, they seemed to be limping a little bit and having to pick their spots. Gold is simply too strong.
It sure seemed like they gave it all they had last Thurs., Fri, and Monday before it blew up in their faces on Tuesday, especially in silver. Silver has the most unbelievably mangled, manipulated chart I’ve ever seen. RSI is still below 50, and nothing but air up above just to get us back to where we were.
It feels like that last silver dump of $5 over 3 days, was a hail Mary and a last call for whoever needed to cover their positions.
Just conjecture on my part, but we might see something spectacular in silver here soon.
Smokin’s the hopium tonight. Maybe Larry Fink is losing his grip on the US markets a little bit and regular people get to win for a while.