
JPMcrib
9.6K posts








Warning: There are going to be a lot of 'technical issues' going forward.


Silver is so far down 20% in a single day and these, ladies and gentlemen, are the futures volumes driving this “crash” What’s more ridiculous is that for the first time in history such a move is happening when the commodity trades in backwardation (that signals supply scarcity)






$SLV bulls get so mad when I try and pick a top but I'm calling $72 the absolute top for this parabolic move. If I'm wrong, I'll just delete this tweet.

"Moving out of gold and into bonds here is probably the most compelling diversification option that you can do right now." - Bob Elliot. I actually had some folks in disbelief this was said on CNBC yesterday about gold. Here's the receipts.
















