SprottWill we see $20/oz silver prices this afternoon?
The Admiral of the Silver Market Eric Sprott Warns the Fun Is Just Beginning For Silver.

“It’s Just Going To Be Crazy How Far Things Can Go…”

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gold bullWith Gold and Silver Prices Breaking Out In a HUGE Upside Move, London Analyst James Turk Joins A Crucial Metals & Markets to Break It Down:
You Haven’t Seen Anything Yet – Real Move Begins After Silver Takes Out the $50 High…

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In the gold and silver segment of our exclusive coverage on BREXIT Contagion, Jim Willie warns that if THIS happens next:
We’re Going to Make A Rather Quick Move Towards $1,900…

Tonight We Bathe in the Blood of the Shorts…


silverThe Central Banks went overboard this week with stock market intervention.  The recent increased movement of investment funds from fiat-based “assets” into gold/silver reflects the more widespread perception that the Central Banks are trapped by long series of bad policy decisions.
The obvious conclusion is that Central Banks are now forced to hyper-inflate the money supply or face a total stock market collapse.

Gold and silver are going in for the kill…

dynamiteWe are not going to get out of the month before all heck breaks loose in gold and silver
We are HOURS/DAYS away… 
The Gold and Silver next move is going to be astronomical!

rocketWith silver EXPLODING through crucial resistance this morning and threatening to mount a challenge on $20/oz ahead of the holiday weekend, PM fund Manager Dave Kranzler warns that this would probably cause a doubling of the price of gold and a quadrupling in the price of silver…

ballangerspSLV2The big news for me is the performance in the silver market, with it being rejected once again as it crossed the $18.50 threshold on multiple occasions. Knowing the cretins as I do, I fully expect them to allow the breakout later this week and suck all of the technical traders into the long side of the trade.
I am going to wait for a solid move through $18.50 and pray that this time I’m not being set up for yet another classic “false breakout” in the odious Crimex silver pit…

Fed monkeyFor those paying attention, the market is giving signals which indicate that the silver manipulation scheme is becoming unmanageable…

Silver is soaring to 21-month highs vs gold this morning, up nearly $1 and closing in on $19.50.
Silver is up over 11% in the last 6 days (the most since Aug 2013)
since Britons decided to leave the sinking ship, pushing the white metal above the key $19.50 level – back to its highest since September 2014.  Gold has been in great demand also, heading for its 5th straight weekly gain after its best start to a year since 1980 as one analyst noted “gold will remain one of the major beneficiaries in the current backdrop, as heightened volatility and lingering uncertainty will keep investors’ risk appetite in check.” Silver’s recent surge has seen it play catch up to gold, now back at its ‘richest’ to gold since September 2014.

Gold-Silver-Percentage-Of-Global-Assets-2015What the hell happens when global investors try to invest 10% in gold or say just 1-2% in silver?
If investors decided to increase their gold and silver investments to equal the percentage in 1980, we would have the following:

cartel raidToday, the June gold and silver contract go off the board.  Interestingly, the options on the Comex gold and silver expired yesterday so our bankers did not do too good and could not do their normal raids because of the power behind BREXIT. 
However, the bankers do have the much bigger OTC/London LBMA options to look forward to, and they expire Thursday at noon.
Thus the boys will go all out to make up for lost  opportunity and raid for the next few days…