Another night of fraudster volatility creating, blistering attack and cap tree shaking attempts across the precious metals spectrum gets them, well pretty much nowhere.
If this is all they've got then they are in trouble.
Gold remains the weaker link but Silver is a different story as $27 remains in place despite the fraudsters best efforts so far.
Now, they can take the risk of attacking the paper markets like they did last March but the likelihood of failure is very high to an almost certainty.
The only entities that will attack the paper price are those with the physical to do so. The usual criminal suspects are US government entities JP Morgan, Goldman Sachs and the rest of the bullion bank cabal. And in regards to silver their own physical is marginal.
No one will naked short this as it will be the fastest way to bankruptcy.
So will they take the risk of attacking silver through the paper market to smash the price lower risking their own and the ETF physical that they are custodians of in the hope that they will force physical holders to puke it up to cover their criminal ass.
Tonight should be maybe the wildest yet as the pressure intensifies on the fraudsters.
So we shall see.
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