Member Info for Dark_Knight2020

the problem is shareminator any alternative or critical thinking these days is considered to be a conspiracy before back in the day they just use to call you a witch and one would get burned to the steak. Time always unravels the truth eventually.

let's wait and see what happens with the nonfarm payrolls. Did you see the south Dakota governor trashing Fauci.. ?

Here is a good article for you guys.

https://www.midastouch-consulting.com/silver-chartbook-05032021-silver-dont-be-fooled

Shareminator looks like Bonkers was right again. Gold moved to 1690. Bonkers you are the chosen one. Looks like Gary Wagner has gone AWOL lol I think till the FED meeting we will see Gold around here to mid 1700s and silver no idea. I just get the feeling that the PM manipulating cult has used the bonds as their massive monkey hammer to break siversqueeze sentiment. Question is will it work ?

Hi carvegyber, no probs my pleasure. That is a major issue in the repo market. I don't know if you have seen this link ? Danielle DiMartino who is sharpe as a knife said their was a liquidy issue in the market which sent my wheels in my brain spinning at full capacity last week. This just confirms what she was talking about. Just goes to show on a normal day trading in the market or PMs, you don't need to think about so much of the plumbing in the market but when the situation is like this you have to look at so many factors.

https://www.youtube.com/watch?v=zH8Tg9nCzhc

The U.S. 10-year Treasury yield briefly surged above 1.6% on Thursday. Until the Federal Reserve declares an intervention to bring down the long-end of the curve, equities markets could see continued "nervousness" said Danielle DiMartino Booth, CEO of Quill Intelligence.

I agree PB better to take a 5% loss upwards and know rather than take a 20% and risk a surprise. We will see, we won't know till 5pm UK time.

perma if JP doesn't the whole market will crash. This is now more than just manipulating PMs. PMs will drop as the herd runs to liquidate their holdings but then after a few months it will skyrocket back up amongst the disaster and smoke.

Must read all, Jerome Powell speaking at 12pm EST.

https://www.zerohedge.com/markets/historic-repo-market-insanity-10y-treasury-trades-4-ahead-monster-short-squeeze

Must read all, Jerome Powell speaking at 12pm EST.

https://www.zerohedge.com/markets/historic-repo-market-insanity-10y-treasury-trades-4-ahead-monster-short-squeeze

Must read all, Jerome Powell speaking at 12pm EST.

https://www.zerohedge.com/markets/historic-repo-market-insanity-10y-treasury-trades-4-ahead-monster-short-squeeze

well if I was manipulating the PM market aka crimex. I would create a situation where the sheep dive into worthless high debt stocks like IAG and EasyJet and other so when the music stops, everyone will be left holding their ball sacks. Why would I want people to hold PM mining stocks and PMs ? We all know eventually PMs will skyrocket.

Whats worse is that this

https://twitter.com/1amgme/status/1367135662630174724/photo/1

Hi Marybr, As they say hell hath no fury like the useless financial companies. I wonder how the dim whit's figured that one out. Oh by the way easyJet upgraded from 10 to 12... wow .. new invisible variants backpacking all the way from brazil to here God only knows how many more variants but easyJet with all it's debt will get an upgrade lol

JEFFERIES CUTS FRESNILLO PRICE TARGET TO 1,300 (1,375) PENCE - 'BUY'

I think with the shortage of silver already running low and the dark forces want to do zero carbon and hell bent on green energy which I am all for. Having said that, I just can not see any sanctions on a PM metals company, even if there are I am sure plenty of other countries will happily buy whi would ignore the sanctions. There is always a boogie man, the Russians, the Chinese, Arabs Muslims and now a invisible variant virus, so anyone can be a danger to the world, no matter what colour, background, country or religion one is.

funny how Europe closes and silver and gold shoot up. I guess monkey hammer might be out soon. Yesterday Europe closed and PMs tanked. Today is the opposite.. games games games. I am watching to see how much silver is delivered this week and next.

MaryBr I never got to join the call, how was it, any interesting snippets you care to share ?

Hi Sotolo, no worries. I am interested to see where silver ends up in March. Hopefully it will be much closer to 30 or higher if people demand deliveries of their silver. I am guessing it will start moving mid month especially after the FED meeting.

PAY PARTICULAR ATTENTION TO THIS

March 2021 - the Largest Silver Delivery Month in the History of COMEX?

Given the five stress points which can be observed in the physical silver market (as noted above), attention has now turned to the upcoming delivery months for silver on the COMEX noting that these months are March, May, July, September and December 2021.

As noted above in Table 1, the March 2021 COMEX open interest is currently standing at extraordinary large level as of Friday, 19 February 2021. Without significant action by those institutions who are holding short contracts (primarily bullion banks), the March 2021 COMEX contract may be the largest delivery date in the history of the silver market.

Moreover, as of Friday, 19 February 2021, the open interest for the May 2021 COMEX silver futures contract also stands at an extraordinary quantity of 96,432 contracts which is the equivalent to 14,760 tonnes[20].

For historical context, the previous delivery record for silver in the history of the COMEX was in July 2020 where over 17,294 contracts or 2647 tonnes (or 86.47 million ounces) were delivered.

During this period, it was revealed that those institutions that were required to make delivery of 1000 ounce ‘good delivery’ bars had insufficient quantities. This in turn led to a dramatic 60% increase (in $US dollar terms) in the price of silver from $US 17.95 per ounce to $US 28.73 per ounce over the course of a 5-week period as the price of silver was bid up in order to entice sufficient quantities to be sold to those institutions who were contractually obligated to deliver.

If the volume of physical silver demanded in the March 2021 COMEX contract is able to be met at the current price level, despite the visible stress points in the physical silver market, it is possible, if not likely, that a future month in which the delivery of large quantities of physical silver are demanded, say May or July 2021, may be the point at which the silver squeeze commences.

Conclusion

In the past month, online posts initially published by WSB have created, according to industry experts, an unprecedented tidal wave of demand in the physical silver market which is driven by purchases by ETFs as well as at the wholesale and retail market levels.

This tidal wave has resulted in at least 5 visible signs of stress which can be observed at various points across the physical silver market. Evidence to date suggests that this stress shows no signs of abatement and is likely to persist if not become acute.

The objective of WSB and other new advocates of silver is to facilitate a short squeeze in the market that would result in the price of silver rising exponentially, potentially in a similar fashion to the short squeeze that occurred with Game Stop in January 2021.

Systemic and widespread documented evidence of market manipulation does help to provide the conditions for a short squeeze to occur within the silver market.

As new institutional and individual investors enter the silver market, and knowledge of market manipulation becomes more widely disseminated, the opportunity to realise asymmetric financial returns via the silver market will be more understood and thus creating additional momentum and demand for physical silver via a positive feedback loop.

Looking forward, the March 2021 COMEX silver futures contract is on track to be the largest delivery month in the history of the market, outpacing the prior record set in July 2020.

Forward delivery months such as May 2021 also show a strong level of demand for physical silver through elevated levels of open interest.

Record demand for the delivery of physical silver via the COMEX in the coming weeks and months coupled with unprecedented demand observed in February 2021 and visible signs of acute stress within the physical market provides the necessary conditions for a sharp accelerated rise in the price of silver moving forward.

John Adams is the Chief Economist for As Good As Gold Australia

[1] As outlined in the book “The Big Silver Short”, the COMEX silver futures market is the key price setting mechanism of the international spot price of silver.

Full reference is Marcus, C., (2020), “The Big Silver Short – How the Wall Street Banks have left the Silver Market in place for the Short Squeeze of a Lifetime”, Self-Published, San Bernardino, California, United States of America

extract from the link I posted:

March 2021 - the Largest Silver Delivery Month in the History of COMEX?

Given the five stress points which can be observed in the physical silver market (as noted above), attention has now turned to the upcoming delivery months for silver on the COMEX noting that these months are March, May, July, September and December 2021.

As noted above in Table 1, the March 2021 COMEX open interest is currently standing at extraordinary large level as of Friday, 19 February 2021. Without significant action by those institutions who are holding short contracts (primarily bullion banks), the March 2021 COMEX contract may be the largest delivery date in the history of the silver market.

Moreover, as of Friday, 19 February 2021, the open interest for the May 2021 COMEX silver futures contract also stands at an extraordinary quantity of 96,432 contracts which is the equivalent to 14,760 tonnes[20].

For historical context, the previous delivery record for silver in the history of the COMEX was in July 2020 where over 17,294 contracts or 2647 tonnes (or 86.47 million ounces) were delivered.

During this period, it was revealed that those institutions that were required to make delivery of 1000 ounce ‘good delivery’ bars had insufficient quantities. This in turn led to a dramatic 60% increase (in $US dollar terms) in the price of silver from $US 17.95 per ounce to $US 28.73 per ounce over the course of a 5-week period as the price of silver was bid up in order to entice sufficient quantities to be sold to those institutions who were contractually obligated to deliver.

As can be shown by Diagram 3, this elevated price level has been sustained since July 2020 and was sufficient for the quantities of silver required for delivery under the COMEX September and December 2020 contracts which were of a much smaller quantity relative to the July 2020 contract.

The number of COMEX silver contracts that stood for delivery and which actually took delivery from July, September and December 2020, are outlined in Table 2.

Given the dramatic price action experienced in July 2020 when record COMEX deliveries of physical silver were required, the implications for the price of silver in March 2021 and beyond If unprecedented quantities are demanded for delivery coupled with visible signs of stress across the physical silver market (as shown in Diagram 1) are potentially quite dramatic.

The precise point at which the price of silver aggressively rises is unknown. It will be dependent on the physical quantity being demanded and what is available to be supplied at the current price level.

If the volume of physical silver demanded in the March 2021 COMEX contract is able to be met at the current price level, despite the visible stress points in the physical silver market, it is pos

PAY PARTICULAR ATTENTION TO THIS

March 2021 - the Largest Silver Delivery Month in the History of COMEX?

Given the five stress points which can be observed in the physical silver market (as noted above), attention has now turned to the upcoming delivery months for silver on the COMEX noting that these months are March, May, July, September and December 2021.

As noted above in Table 1, the March 2021 COMEX open interest is currently standing at extraordinary large level as of Friday, 19 February 2021. Without significant action by those institutions who are holding short contracts (primarily bullion banks), the March 2021 COMEX contract may be the largest delivery date in the history of the silver market.

Moreover, as of Friday, 19 February 2021, the open interest for the May 2021 COMEX silver futures contract also stands at an extraordinary quantity of 96,432 contracts which is the equivalent to 14,760 tonnes[20].

For historical context, the previous delivery record for silver in the history of the COMEX was in July 2020 where over 17,294 contracts or 2647 tonnes (or 86.47 million ounces) were delivered.

During this period, it was revealed that those institutions that were required to make delivery of 1000 ounce ‘good delivery’ bars had insufficient quantities. This in turn led to a dramatic 60% increase (in $US dollar terms) in the price of silver from $US 17.95 per ounce to $US 28.73 per ounce over the course of a 5-week period as the price of silver was bid up in order to entice sufficient quantities to be sold to those institutions who were contractually obligated to deliver.

If the volume of physical silver demanded in the March 2021 COMEX contract is able to be met at the current price level, despite the visible stress points in the physical silver market, it is possible, if not likely, that a future month in which the delivery of large quantities of physical silver are demanded, say May or July 2021, may be the point at which the silver squeeze commences.

Conclusion

In the past month, online posts initially published by WSB have created, according to industry experts, an unprecedented tidal wave of demand in the physical silver market which is driven by purchases by ETFs as well as at the wholesale and retail market levels.

This tidal wave has resulted in at least 5 visible signs of stress which can be observed at various points across the physical silver market. Evidence to date suggests that this stress shows no signs of abatement and is likely to persist if not become acute.

The objective of WSB and other new advocates of silver is to facilitate a short squeeze in the market that would result in the price of silver rising exponentially, potentially in a similar fashion to the short squeeze that occurred with Game Stop in January 2021.

Systemic and widespread documented evidence of market manipulation does help to provide the conditions for a short squeeze to occur within the silver market.

As new institutional and individual investors enter the silver market, and knowledge of market manipulation becomes more widely disseminated, the opportunity to realise asymmetric financial returns via the silver market will be more understood and thus creating additional momentum and demand for physical silver via a positive feedback loop.

Looking forward, the March 2021 COMEX silver futures contract is on track to be the largest delivery month in the history of the market, outpacing the prior record set in July 2020.

Forward delivery months such as May 2021 also show a strong level of demand for physical silver through elevated levels of open interest.

Record demand for the delivery of physical silver via the COMEX in the coming weeks and months coupled with unprecedented demand observed in February 2021 and visible signs of acute stress within the physical market provides the necessary conditions for a sharp accelerated rise in the price of silver moving forward.

John Adams is the Chief Economist for As Good As Gold Australia

[1] As outlined in the book “The Big Silver Short”, the COMEX silver futures market is the key price setting mechanism of the international spot price of silver.

Full reference is Marcus, C., (2020), “The Big Silver Short – How the Wall Street Banks have left the Silver Market in place for the Short Squeeze of a Lifetime”, Self-Published, San Bernardino, California, United States of America

extract from the link I posted:

March 2021 - the Largest Silver Delivery Month in the History of COMEX?

Given the five stress points which can be observed in the physical silver market (as noted above), attention has now turned to the upcoming delivery months for silver on the COMEX noting that these months are March, May, July, September and December 2021.

As noted above in Table 1, the March 2021 COMEX open interest is currently standing at extraordinary large level as of Friday, 19 February 2021. Without significant action by those institutions who are holding short contracts (primarily bullion banks), the March 2021 COMEX contract may be the largest delivery date in the history of the silver market.

Moreover, as of Friday, 19 February 2021, the open interest for the May 2021 COMEX silver futures contract also stands at an extraordinary quantity of 96,432 contracts which is the equivalent to 14,760 tonnes[20].

For historical context, the previous delivery record for silver in the history of the COMEX was in July 2020 where over 17,294 contracts or 2647 tonnes (or 86.47 million ounces) were delivered.

During this period, it was revealed that those institutions that were required to make delivery of 1000 ounce ‘good delivery’ bars had insufficient quantities. This in turn led to a dramatic 60% increase (in $US dollar terms) in the price of silver from $US 17.95 per ounce to $US 28.73 per ounce over the course of a 5-week period as the price of silver was bid up in order to entice sufficient quantities to be sold to those institutions who were contractually obligated to deliver.

As can be shown by Diagram 3, this elevated price level has been sustained since July 2020 and was sufficient for the quantities of silver required for delivery under the COMEX September and December 2020 contracts which were of a much smaller quantity relative to the July 2020 contract.

The number of COMEX silver contracts that stood for delivery and which actually took delivery from July, September and December 2020, are outlined in Table 2.

Given the dramatic price action experienced in July 2020 when record COMEX deliveries of physical silver were required, the implications for the price of silver in March 2021 and beyond If unprecedented quantities are demanded for delivery coupled with visible signs of stress across the physical silver market (as shown in Diagram 1) are potentially quite dramatic.

The precise point at which the price of silver aggressively rises is unknown. It will be dependent on the physical quantity being demanded and what is available to be supplied at the current price level.

If the volume of physical silver demanded in the March 2021 COMEX contract is able to be met at the current price level, despite the visible stress points in the physical silver market, it is pos