| OldMcdonald - 10/3/2014 11:50 supply of both silver inventories worldwide is at record lows. the silver market stopped reflecting fundamentals a long time ago. There are going to be major failure to delivers looming on the horizon whenever these massive short positions from JP Morgan, and other big Comex players levered up many hundred fold to one, start to unwind. again, clock is ticking. Could be....but I will play devils advocate a bit with you.....IF silver inventories are at record lows, and it is not reflecting fundamentals as you suggest, and silver is at price levels at less that 50% of record when I presume the same fundamentals were in play as now.....then how can Live cattle which are reflecting similar fundamentals as silver, can NEVER go back down like so many want to believe...why are they different?......Don't need to answer, just something to think about.... |
Is silver on its last leg down to $15.2?
