Comex LME Morning PM Bash Paper market silver and gold is leveraged and vulnerable to attack. Not so with Shanghai. Pretty much every morning comex bashes silver and gold down. Silver could hit 29.50ish support. And is very likely to rebound, given Shanghai is sitting at 35.50ish silver. Silver and gold will continue to move east.
The market finds a way. Eventually 250:1 leveraged certificates will not be worth as much as toilet paper. I will take the 1:1 Shanghai silver certificate thank you. You can keep your comex silver tickets yourself. Always best to order and take delivery. #silvershortsqueeze.