Silver Doctors
Marshall Swing on Coming Collapse:
TPTB Want it (Gold & Silver) All!
Posted on October 30, 2014 by The Doc
"We are in a bottom for sure. How long will it last is anybody’s guess- but silver stackers need not worry.
This is only a question of how much fiat can you raise in order to purchase hard core, hold in your hands bullion to hold for a couple of years through the greatest worldwide total economic collapse in history and the institution of a one world government and one world currency.
They simply must destroy the U.S. dollar along with all the world’s currencies otherwise the many that hold USD would retain power and that means many nations and small businesses that oppose them.
“The Powers That Be” want it all for themselves!
But, just like this guy came back to life after being declared dead, silver and gold are going to have their day in the Sun for those who invest in the physical metal not the fiat paper futures.
Time did not allow me to write a report last week but then again not much happened in the silver futures and not much happened this past COT week either.
Gold is a slightly different story and while price is pretty much dead there as well and is bound to a range there is great upheaval in the futures positions.
In silver, 10/7 – 10/14, all major players open interest totals change was well under 1,000 contracts. Lifeless! Only the commercials in the 10/14 – 10/21 report had numbers above 1,000 contracts as they took almost 3,200 new total long positions and about half as many new short positions while new total open interest only increased 863 contracts.
The real story is in gold as 10/7 – 10/14 as total open interest grew almost 18,800 contracts with the large speculators betting big the bottom is in and they gobbled up over 19,500 longs. The commercials added over 12,500 short contracts to their totals. This past period 10/14 – 10/21 those large specs grabbed over 13,500 longs while covering over 9,000 shorts. The commercials bit off almost 25,000 shorts! That is about 3.125 Billion USD in short ounces of gold.
Those speculators who have sold their shorts have done well. Those who are still holding on to shorts, and they are many, are in a tenuous position as they could lose all their profits in a sudden price rise.
Will the commercials lull the gold speculators who bought long to sleep with continued depressed prices? That is where I am placing my bet as there is no indication in silver of an imminent price rise and we already have a wide gold silver ratio so it seems better to me to lull speculators to sleep to get them to think the short game is the place to be so when the time comes in the next 11 months to go really heavy short right before the price skyrocket the commercials can flip long on the way down and the speculators get caught holding all the negative paper short fiat indebtedness obligations.
They will become lifeless slaves!
Until next week, stay thirsty for physical at these low prices my friends and buy physical with every fiat dollar you can muster!"
Marshall
