I am definitely looking to get a short position on if silver can mount any sort of a rally...so far - it hasnt been able to.
News that China is cracking down on the use of copper to fund loans. I remember previous ZH articles about how the underlying collateral had been used multiple times and then subsequently sold. I think that is a mess with potential to really slam the price of copper downwards - not to mention new home building in the dumps...
I have said before - it is highly unlikely that silver will find strength while copper is being taken to the woodshed. Not impossible...but, highly unlikely.
News that China is cracking down on the use of copper to fund loans. I remember previous ZH articles about how the underlying collateral had been used multiple times and then subsequently sold. I think that is a mess with potential to really slam the price of copper downwards - not to mention new home building in the dumps...
I have said before - it is highly unlikely that silver will find strength while copper is being taken to the woodshed. Not impossible...but, highly unlikely.
When anybody says 'position' or any other investor speak, I cringe.
You have a criminal market, run by criminals.
There is only Constitutional money.
Jeez, I feel like a Jesus Freak.