Great Bear Resources Ltd. GTBAF

RE:If the banksters can take SI below $17...

[vestor111]

The cartel really mopped the floor with silver...check this out!  85M ozs of silver OI closed out.     Paper shorties from the cartel  were busy buying contracts to cover and alot of these close outs were probably profitable.   Disgusting but hey they have "plague" at their backs...just like the grim reaper.   

Precious Metals Futures Summary (28-Feb-2020)
Metal	Volume		Open Interest
	Contracts	Troy Ounces (Paper)	Contracts	Troy Ounces (Paper)
Gold	831,427	83,142,700	701,001 (-21,119)	70,100,100 (-2,111,900)
Silver	238,807	1,194,035,000	201,349 (-17,021)	1,006,745,000 (-85,105,000)
Platinum	54,081	2,704,050	86,220 (-5,729)	4,311,000 (-286,450)
Palladium	8,101	810,100	14,276 (-677)	1,427,600 (-67,700)
See precious metals Futures details or analyze historical charts.

The contract churn was also epic...more contracts changed hands than there are contracts for either gold or silver.  

I did like the rising tide after hours...smooth seas it seems.  So quit feeding the fish, get off the rails and get back to work...storms over.  :-)  The cartel got what they wanted...but who knows maybe they will try and get greedy. 

Look how they cleaned out March deliveries...3047 silver contracts rolled off with only 108 being delivered on 3/3.  15M oz - an epic roll off.  They may want more on Monday.  We will see. 

Daily Delivery (Issues & Stops) Summary
Metal	Futures Contract: March 2020         Intent Date: 28-Feb-2020
	Open Interest	Change	For Delivery on 3-Mar-2020		Deliveries Month-to-Date
			Contracts	Ounces	Contracts	Ounces
Gold	252	-522	186	18,600	822	82,200
Silver	1,104	-3,047	108	540,000	3,131	15,655,000
Platinum	0	-10	0	0	10	500
Palladium	44	-63	5	500	18	1,800
See daily delivery details or analyze historical charts.

3047