Cartel Huffs And Puffs And Tries To Blow Precious Metals House Down – Eric Dubin
Eric Dubin
TheNewsDoctors.com
Mon, Mar 14th, 2016
Silver is a much tighter market than gold, and it’s also much more volatile. From the start of this particular precious metals upleg that began in late January, we have seen silver lag gold. This has been due to a number of factors, including but not limited to fears of a global economic downturn crushing silver industrial demand (which I have argued will be dwarfed by replacement investment demand, and later, will in fact spike as well as manufactures begin to get nervous about investor demand making it harder to source industrial supply).
But now that the precious metals bull market re-boot is more visible to Western-based momentum chasers and conventional financial world money managers are increasingly aware that central bankers are starting to break things, it is no surprise that the catch-up phase of silver relative to gold is ripe and ready. Through the raid that we are witnessing now, silver will take a bigger percentage beating. But when we get on the other side of this nonsense following the completion of necessary repair time, the Gold Silver Ratio is going to start falling as silver begins to rise faster in percentage terms than gold. Naysayers will scoff as they read these words, but within ONLY about a month, the GSR is going to start trending in favor of silver in a way that will add further confirmation to those that need further confirmation that this new precious metals market bull is alive and well.
The cartel is acting aggressively this week on top of the mountain of paper-based gold issuance into the COMEX market they’ve been shoveling into the short side already – for weeks – in an effort to slow momentum. Now, as you see today, with traders getting nervous considering sky high commercial short positions and an FOMC meeting starting tomorrow, is it any wonder that the cartel was able to get some traction to the downside?
The Rest…HERE
