I suppose like me, you are all staggered by Friday's events....

I suppose like me, you are all staggered by Friday's events. From this chart it is very clear what occurred.


The London silver fix at noon GMT (6am NYT) was pushed higher I suspect through the futures, sucking in the longs and then smashed at the NY futures open at 8am. The banksters then smashed the buyers into tight stops for 2-3 hours and then covered more shorts after covering circa 24k in the COT reports. We won't know of course until next Friday NY time. WSE may get a short-term bounce, but I suspect there is one more low to come to allow more short covering. Bullish levels for gold at 10%, silver probably lower.