if you are purely a chartist it will likely be beyond your willingness to consider. people who think paper price is truth should sell their precious metals and shares and walk away
to understand comex price action you need to get into the weeds to understand not only how the paper market differs from the real market - but what is happening funcitonally in terms of the paper market, basel 3 changes
silversqueeze isnt a price outcome/time specific movement
- its a long drip/drip/drip effort to geld the paper market by denying it the silver it uses to hypothecate paper contracts from - in an effort to fracture the paper market and see true price discovery for the metal
it is only one factor among several that determines how much silver the paper manufacturers can print - so all they can do is keep buying physical or buying ETFS that only represent audited physical - ie PSLV not SLV
theyve chosen an optimal time in which to undertake all this - smart
but there is no assurance it will result in what they hope