Will the ‘Deep State’ war on Trump end up creating a confidence crisis that takes down the stock market? Jason Burack and Eric Dubin assess the upcoming ‘dog days of summer.’ It’s getting pretty hot in Washington, D.C.
Last Wednesday, I observed signs that the Comex-driven manipulated sell-off in silver was coming to an end (click here) and by Friday (click here), it appeared I was correct. Time will tell, of course. I’m reasonably savvy at spotting bottoms, but not so great at being able to recognize when short-term and intermediate-term tops are set – all the more so when manipulation is such a major factor in precious metals. But it does appear that the carnage is over. On this week’s Silver Doctors SD Metals and Markets, Doc and I unpack the this week’s trading and place it into a broader context. Doc is on vacation but he called in on Thursday afternoon to record this week’s show. – Eric Dubin
Gold and silver have been sold down pretty hard since April 18th. But the structure of the weekly Commitment of Traders report, which shows the long and short positions of the various trader classifications (banks, hedgers, hedge funds, other large investment funds, retail) had been flashing a short term sell signal for the last few weeks.
Fund manager Dave Kranzler joins “Doc” and Eric Dubin to discuss the agressive management of precious metals markets. This month, Comex silver open interest rocketed past 230,000 contracts as the cartel created new short issuance to match-up against persistent interest among speculators to get long. The market finally cracked and the cartel has been taking a victory lap and covering their shorts and closing out positions, with Comex OI dipping below 200,000 contracts for the first time in many days. Kranzler opines on these dynamics and places them into a bigger picture context of very strong worldwide demand. If you’re in need of a review, click here to catch last week’s show with Craig Hemke for a description on how the shorting operation works. Tune into this week’s show, below:
Dr. Dave Janda welcomes one of the only metals mining industry CEOs with the testicular fortitude willing to address the reality of precious metals market manipulation. Tune in for Neumeyer’s take on the state of the industry:
Nothing but free and fair markets, right? Welcome to your manufactured reality. Key headlines from our fellow “fake news” compatriots, ZeroHedge:
Recent trading offers a classic example of how the guardians of the banking and fiat system suppress the price of silver in order to keep gold from rocketing higher and upsetting global markets. TF MetalsReport.com’s Craig Hemek joins “Doc” and Eric Dubin to dissect this week’s aggressive silver price suppression on this week’s Silver Doctors’ SD Metals & Markets
We’ve seen unusual trading with the London P.M. Fix and mining shares diverging from metals again. Add new contract issuance on the Comex and it’s clear the guardians of the fiat paper paradigm are hard at work to contain the flight to safety reaction of gold bulls. Doc and I take a look at this week’s trading as global tensions rise…
Are the Gold & Silver Shorts About to Receive A Religious Experience?
Fund Manager Dave Kranzler Joins the Show to Break Down the Largest Decline in COMEX Gold Open Interest We’ve Ever Seen…