Silver: CME to the rescue

[moosensquirrel]

This, at a time when one cannot buy a silver coin (other than novelty coins a 3x spot).

Comrade Lenin once said "we will grind them [middle class] between the millstones of taxes and inflation". It is working fine. However, today there is a third millstone: Government regulation.

https://www.kitco.com/commentaries/...ff-sharply-following-the-CME-margin-hike.html

 

[StuP]

I didn't realize the Chicago Mercantile Exchange was a government department, live and learn.

 

[Horsehat]

If you look at a chart that shows volume there was tremendous selling at the close Monday. Presumably by the gang of 8 to protect their already 400 million ounce short position. One day the nut will crack.