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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Andrew Hoffman
Miles Franklin
This RANT was catalyzed by the incessant “walk-downs” PMs endure nearly EVERY NIGHT in New York “Globex” trading – from 6:00 PM EST until the Shanghai Exchange opens at 9:00 PM EST. A perfect example of the “typical” night can be seen below (blue line); in which a Cartel ATTACK during the early Globex hours, immediately reversed when Shanghai opens…
Of course, the BEST example is May 1st, 2011 “SUNDAY NIGHT PAPER SILVER MASSACRE.” The Chinese markets were closed for a holiday; but the Cartel knew passive Shanghai trading would be enabled when at the onset of normal trading hours. Hence, the Cartel ATTACKED at the Globex open; at the MOST THINLY-TRADED time of the ENTIRE WEEK…
Continue Reading at MilesFranklin.com…
2013-04-08 16:46:49
Source: http://silveristhenew.com/2013/04/08/chinese-overnight-trading-coming-soon-to-the-cartels-chagrin/