from The Daily Coin:
When silver breaks $18.50…it will then take out $50 and hit Eric Sprott’s number of $100-plus because since the last time it hit $50 they’ve gone through all that physical supply…this time they won’t be able to go to the physical supply well. – Bill Murphy on the Shadow of Truth
A “commercial signal failure” occurs in commodities futures trading when the open interest in futures contracts exceeds the amount of the underlying commodity that is available to deliver into those contracts should enough entities that are long decide to demand delivery per the terms of the contract. It is a rare event because the futures open interest in most commodities rarely exceeds more than 10-20% of the amount of the underlying available.Help us spread the ANTIDOTE to corporate propaganda.
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