The Phaserl


Stuck Inside of the CME with the COMEX Blues Again

by Dr. Jeffrey Lewis, Silver-coin-investor:

Precious metals prices remain range-bound over the short-term after a devastating three year run.

From a technical standpoint, it doesn’t look great; we are stuck in this limbo of tightly controlled price limbo while the world continues to melt apart for the 99.9%.

COMEX positioning for the big banks and speculators has not changed that much over the last few months. JPM’s short remains at around 50 days of world production.

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