from wedmidas lemetropole cafe
"Silver continues to quietly impress as it prepares to explode. Yesterday, we received very bullish news from Mexico. Today, Enrico Orlandini, who hails from Lima, put out the following in his Lasco Report:
"Something interesting is going on in silver. Peru is a major mining country and produces +/- 10% of the world's gold and silver and yet physical silver is impossible to find here and silver warrants on the Lima Exchange have a tremendous premium."
On top of that our STALKER source spoke with his silver dealer in London. That source, who remains very bullish, suspects something very constructive is occurring too. His cronies, who are normally very talkative, have gone silent. To this London silver dealer it means they are doing some decent business with even more pending.
The silver open interest made yet another new high at 144,705, up 739 contracts.
When we put all of our silver input together, it suggests FIREWORKS!