Bo Polny or Bo Baloney? Can’t find him anywhere. Seems to be a figment of the Imagilony.

@ Who
 
These two will give you a different perspective – but understand that they are both LONG TERM gold and silver bulls, and I am too.
 
1. Go to Seeking Alpha http://seekingalpha.com/ and put in Avi […]

The unfolding Cyprus events are so outrageous that I suspect some giant f***up is headed our way. 600 tons of paper gold sold on the Comex today for a $60 drop. Something awfully smelly is going on.

Pity Santelli did not state that there was still safety in physical gold – to the uninformed it sounded like he was writing gold off altogether.
 
The comment that people were buying art to protect against […]

AGX – you are so right about how it went down at MFG. It was a giant warning sign of “confiscations” to come, but it blew over and people have grown complacent since then. And here’s Cyprus with another wake up […]

AGX – your post about MFG says it all.I remember when my money got caught there, I could not believe my funds actually belonged to MFG, and that Id become a common creditor, even standing behind the big secured […]

For March’s 13 days it’s now 170 tons bought on Shanghai.

In the first 12 trading days of this March 130 tons of gold was bought on the Shanghai cash market (that does not include what was sold on the London OTC market, which is larger, but harder to get the exact […]

Nobody’s celebrating the extra 27 ozs. We’re an ungrateful lot arent we?!!

@ PowerBall – my apologies – where I said Commercial net shorts position today is about 80 000, its  around 50 000 – transcription error. The latest COT is based on the COT at end last Tuesday. After Tuesday and […]

@PowerBall
 
i did not mention that the COT graphs I use are the NET positions of the 2 Forces. Commercials hold both long and short positions (as do Large and Small Specs), so its their net position thats […]

TA charts are not very useful for PMs. But the COTs are very significant. The simple reason is that essentially the PM paper market is about two opposing Forces – the Commercials versus the large Speculators, and […]

@ GultarDan
 
No sellers of physical under $5 above spot says it all. I smell a short covering rally around the corner.

For 5 minutes, between 8.30 and 8.35 am Eastern time, the Cartel threw about 78 000 silver short contracts at the market. Yesterdays total volume for 24 hours was 46 000 contracts.
 
The Cartel is overreached […]

Here’s the 1 hour chart netdania. How’s that desperate volume spike around 3.30 Eastern Time. My screen shot is South African Time  – subtract 7 hours for Eastern.

8.30am Eastern
 
Wow – just look at that. The Cartel is throwing everything they can -  on Monday the Chinese return to the London physical market, and the cartel is crapping itself.

The last sub 11000 silver futures OI was just before the big price rise of August 2012. I am trying to find out if it’s all OI or just the next active month.

Sorry – possible correction to point 3 above – the total OI in silver futures may be for all futures months, not just the most active one. I used graphs that simply state “total OI Silver futures” – never thought […]

Sadly PM Advisory Nesletters have little to work on besides TA, and they have only a 50% chance of being right. i have found only 3 sources of better than 50% predictive rates:
1. The Friday COT reports, which […]

They’re getting a lien to attach church assets. i wonder if any gold gets declared and what sort of tonnage.