I found this statement from last nights Midas the most intriguing. I don't think I would have come to the same conclusion on my own, but I think Rich is probably correct and he saw the real method to the madness of the G&S dump.
RG was right on early this morning…
Bill,..
I'm beginning to suspect Silver's take down yesterday may very well be a signal that a breakout in copper is imminent,..
Quite a contrarian take I realise, but a confirmed breakout in copper is almost certainly going to put a massive fire under the belly of Hi-Ho,..
My guess is copper's about to spring and the 'usuals' are endeavouring to ensure silver (and gold) are watching from the lowest seats possible,..
Quite a thought,.. Go long copper because silver's just been mauled for 2 dollars!.. This market system is in such a mess, when traders are having to think so out of the box,..
Best,..
Rich (Live from 'The Scarborough Bullion Desk'