SILVER 0.30% $15.25 silver futures

@squarepantsno reddit is a physical focused game. as is the...

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    @squarepants

    no reddit is a physical focused game. as is the sprott thesis.

    they know they cant just try to blow investment bank shorters out of the water by buying lots of paper silver contracts

    its common for the IBs to drop $US5billion in notional shorts when they club the price

    even wealthy individuals could never take the kind of hit

    and the IBs can print as many sell contracts as their risk mgt and division heads will ok


    but part of the reason comex contracts have fallen is because bank regulations are continually tightening and risk managers are clamping down harder on the level of exposures

    thats what all the Basel 3 talk is about

    the banks can take the risk on paper because they know no one else can match their firepower and they know most futures buyers dont want delivery


    so its softwy softwy catchy mousey game from silver longs - just soaking silver phyiscal so the market structure changes over time - the dam wall bends break and finally at some point gives way








 
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