Hey vhf, if Friday was any indication of what may transpire if JP Morgan takes their foot off the brake then we are in for a wild ride. I'll be watching closely tonight and especially tomorrow morning once the London and NY markets open.
I found the following quote taken from the the NY Post article most interesting:
"Regulators are pulling trading tickets on JPMorgan's precious metals moves on all the exchanges as part of the probe, sources tell The Post."
Comment:
What would happen if regulators like the inept OSC pulled trading tickets on precious metal juniors from exchanges including Toronto and the Venture? How many occasions have short positions on juniors been increased preceding good news or during a strong run in the shares or underlying PM commodity prices?
Also, I forgot to give Ted Butler kudos as well since he has been leading the charge for transparency in the silver market.
