• Gold: 1,565.56 5.71
  • Silver: 18.11 0.05
  • Euro: 1.110 -0.000
  • USDX: 97.567 -0.07
  • Oil: 58.4 -0.37

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.





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