Total gold open interest at the close Friday exploded by 32,751 COMEX contracts, a very depressing number -- and I'm hoping/praying that it's spread related. Total silver o.i. only rose by only 1,862 contracts...a number I was happy to see.
While only one percent of physical silver is brought to market through Comex settlement. This — 1% of the trades applies throughout the entire commodity sector.
The other, 99% of the time settlement is in currency (fiat fictions) ...
Jeff Clark, Senior Precious Metals Analyst at GoldSilver.com, delivers a prescient speech about the silver price, and how its next bull run might unfold.
Bix Weir joins us to review the latest in the silver markets. He also walks us though the latest manipulation of the markets. It's all a big club and you are not in it.
