CME RUG PULL SUCCEEDS: MARCH SILVER OI PLUNGES TO JUST 10,526 CONTRACTS
CME Lives to DIE ANOTHER DAY⚠️
The COMEX will survive March silver deliveries, but it came at a HUGE EXPENSE: the CME just SHREDDED any credibility they had remaining (even @PeterLBrandt has now been converted on silver manipulation & threatened lawsuits against the CME).
Yesterday we reported that DURING the CME Metals Trading Halt, 31,828 contracts were traded while the public was locked out of the futures market.
When trading resumed, silver - which had been in the process of breaking out above $91- was slammed $4 lower back to $87. A second wave of selling materialized at the London Open, & then a THIRD wave was unleashed at the NY Open - ultimately sending silver over $6 lower to $84.98.
🚨CME Open Interest Data for Wednesday shows that they were successful in reducing OI in the March Silver Contract by OVER 50%!! March OI plummeted by 11,356 contracts to just 10,526!
The CME successfully reduced the amount of silver potentially standing for March delivery to just 52.6 million oz!
At the same time, silver’s momentum was halted, recent uptrend line was broken, & spec longs COMPLETELY FLUSHED from the silver market.
And yet silver still sits over $87/oz.
The bullion bank cartel can manipulate an Options Expiry Day, they can manipulate a month end close, they can manipulate a short term chart- but they CANNOT MANIPULATE THE FUNDAMENTALS.
YOU CANNOT MANIPULATE THE END OF A BULL MARKET. What the CME & the banking cartel have done will only add additional fuel and FURTHER UPSIDE for the coming move in silver.
When the CME pulled this EXACT SAME TRICK on November 28th, Silver EXPLODED over 120% over the next 60 days.
🔥BUCKLE UP LADIES AND GENTLEMEN, THE SILVER BULL IS ABOUT TO GET WILD‼️
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