Hycroft Mining Holding Corp (HYMC)

[bobhwang]

hahahah don't count on it, any moment and gold will take off...


he numbers are in. A record 5.79 million silver Eagles were sold in October!

The next article I’m linking to explains partly why Shanghai is running out of silver at a breathtaking pace while prices are falling. You see, exporters found a clever loophole to make a 4% arbitrage! http://www.bullionstar.com/blog/koos-jansen/the-great-chinese-silver-market-debate/


Without the Shanghai physical drain on silver supplying the mints, the COMEX and LBMA would have defaulted by now. This is no accident. China created the loophole like a Trojan horse targeting the Achilles’ heel of the financial system. Silver is the sacrificial pawn. A PLANNED CHECKMATE IS NOW IN FULL VIEW. The silver drain out of Shanghai is stoking one last breath of fire out of the dragons mouth and wrecking carnage while suppressing gold and silver paper prices even further. This allows China to buy up what’s left on the chess board at cheaper prices. The recent 41% drain of JPMorgan’s gold inventory in just one week is evidence of this!


When the Shanghai exchange runs dry out of silver, they will use the event as a legitimate checkmate excuse to revalue both silver and gold. This ties in with Dr. Jim Willies “GRAND GOLD SHOCK EVENT” prediction. China’s physical gold holdings will go up in value all while they rake in their paper shorts on the other side. This will cause shockwaves to the gold, silver and the FOREX derivative markets!

Conclusion

With prices now scraping the upper $15's and expected to keep falling till December due to huge short positions, the cartel is forced to push the paper price even lower in preparation for the inevitable COMEX default and paper settle. Wall Street took the arbitraged silver bait and it’s almost time to back up the truck and go ALL-IN! Gold and silver are about to slingshots out of the station! The game ends when Shanghai runs out of real silver! The checkmate is now in full view! Harvey Organ will be proven right with his prediction too! It will happen before year end!

http://www.silverdoctors.com/the-last-move-before-checkmate/#more-48318