• Gold: 1,525.51 -3.03
  • Silver: 17.37 -0.09
  • Euro: 1.113 -0.001
  • USDX: 97.64 -0.647
  • Oil: 53.65 -1.71

One of the most blatant examples ever

Andy Hoffman
|
Friday, July 25th
SilverSeek.com Comment Wire

This week has been one of the most blatant examples of naked PM shorting ever, amidst some of the most PM-bullish news ever.  Particularly, yesterday's transparent attacks as TPTB pulled out all stops to push the 10-year Treasury yield above 2.5% couldn't be more obvious - as I forensically described in yesterday's AudioBlog, "best laid plans."  And what a shock, Monday is COMEX options expiration day - when no doubt, countless $1,300 and $21 options for gold and silver, respectively, were outstanding. 

IMO, something very big will break in the coming weeks.

Andrew C. Hoffman, CFA

Marketing Director

Miles Franklin Ltd.


 

ahoffman@milesfranklin.com

www.milesfranklin.com

 

@SilverSeekWire on Twitter

@SilverSeekWire

Your rating: None Average: 5 (3 votes)

Article Comments

Sponsored Links

Live SilverSeek Map