Tomorrow’s Friday Road Trip will be a DOOZY as we get closer to the end of the Silver Fix. I will discuss what I expect will happen to the price of silver in the weeks and months following the end of the fix and the default on certain contacts related to the fix between now and the end of the year.
Needless to say, you should be standing on the sidelines with your physical silver in hand and expect an extraordinary amount of silver price volatility from August through the end of the year. Remember – with computers and derivatives they can “place the price” at $0/oz or $1M/oz with a click of a mouse!
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