Sprott do have $90m usd cash on hand after last night.
if they keep a balance of at least 30m in cash they still can purchase over 1m pounds tonight...
Carry traders are now out of the market, as their medium term contracts from kazakstan they were purchasing now hold to much risk.
Spot market is thin...i expect us to crack $50 a pound tonight hopefully, if not definitely this week.
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