ALERT: WOW!!!
Here's a great example of the old saying "SOMETHING IS ROTTEN IN DENMARK"!
After shedding silver short contracts for the last 3 months the BPR reports that the US Banks have...
INCREASED THEIR SILVER SHORT POSITION BY 5,880 CONTRACTS OR 29.4M OUNCES IN A MONTH WHILE THE PRICE OF SILVER ROSE 25%!!!
http://www.cftc.gov/dea/bank/deaMar11f.htm
No wonder the price of silver was on the run tonight...
THE BAD GUYS ARE IN MASSIVE TROUBLE!!!
Ask yourself what the price of silver would be IF the Bad Guys hadn't dumped 30M ounces of paper silver on the market?
Now ask yourself...
HOW WILL THEY COVER ALL THESE CONTRACTS BY MARCH 28TH?!
There is a list of potential excuses the Banksters may give the CFTC for this move including the new silver miner hedges (those hedging miners are in on the scam). They may also be splitting the short between 4-5 different US banks BUT it does not negate the fact that the price of silver ROSE $7 during the time that they were selling all these shorts!
Buckle up my friends...WE HAVE ARRIVED!
Bix Weir