Bob Chapman : the chances of gold and silver going up a 100 to a 150 percent are excellent between now and the end of February of the next year so what are we talking ? $2000 to $2500/oz $3000/oz and in the silver $80to $90/oz we gonna wait to see , they made a terrible mistake because they used a margin in the COMEX but in the retail they raised their margin to 42000 by doing that they wiped out all the small and medium sized players so there is no resistance on the upside cause everybody is gone and they can't handle 42 percent margin requirement so the only ones that are left are the people and the parties who can afford to be able to go in the market and essentially pay cash so it is big hitters versus big hitters, so the JPM HSBC cartel got a problem as you will see the prices of silver will go up over $50 and the prices of gold will go for new highs ...there will be an explosion in prices when they will try to cover their shorts ...
"there will be an explosion in prices when they will try to cover their shorts ..."
ReplyDeleteWhy would they have to cover their shorts? It is all electronic naked short selling. They have control of the COMEX computer system which could accidentally catch fire, suffer a malfunction or some other anomaly. When they reset the computer they may discover their short positions are gone. Who is going to know? The CFTC?? Har har har!