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Cartel Extends PM Raid on Monday Asian Open

Sunday, October 7, 2012 22:10
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(Before It's News)

from Silver Doctors:

B4INREMOTE-aHR0cDovL3NndHJlcG9ydC5jb20vd3AtY29udGVudC91cGxvYWRzLzIwMTIvMTAvU2NyZWVuLVNob3QtMjAxMi0xMC0wNy1hdC05LjIyLjQzLVBNLnBuZw== *Updated: 2nd wave of attack in progress, silver smashed under $34
Friday’s desperate attempts by the cartel to prevent a weekly close about $35 in silver and $1800 in gold were well documented on SD (and even Kitco’s weak attempt to erase the evidence of the massive raid).
This week’s silver COT report revealed that the cartel piled on another 31 million ounces to their net shorts, bringing the commercial net short position in silver to a mind-blowing 289 million ounces.

Thus, it should be no surprise to SD readers that the cartel has just initiated another water-fall decline smash in silver.

Read More @ Silver Doctors



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