Thread by @DesoGames

I wanted to QT this together with today's #Comex #Gold and #Silver #Shadowcontracts update because it's related;

I think (early data, not sure) they're closing the shorts in preparation for the Failure of Comex in December; And they're using silver to run cover for gold 🚨

https://twitter.com/PalisadesRadio/status/1326407439219089408

November 10th data is quite interesting you see. We're in the midst of rollover, so we would expect to see contracts disappear. Since both #gold and #silver roll over, both should reduce OI.

This certainly happens, especially on the 9th with such a big drop on the vaccine news.

But on the 10th, price went sideways the entire day. So does that mean no contracts where lost?

No. In fact, on the Prelim report, 8,224 (8750 on final) contracts worth 822,400 ounces of #Gold where closed. But #Silver went up with 1,778 (1620 final) contracts. 8,9Moz of metal.

Here's one of the Shadow article pictures. Notice a pattern:

Gold goes sideways and silver drops, price drops (Oct 6). Gold rises and silver drops, price goes sideways (Oct 15th). Nov 10th it happened again.

But it always seems to be #Silver running cover for #Gold.

You'll notice that aaallll of the contracts added to #Silver are for March 21 or further out even.

That's the next active month for Silver so it makes sense and it's not like they can add contracts to the past. But it's also awfully convenient that the system's set up this way.

Comex is supposed to be *a production hedging tool*.

Are you telling me, that on the same day we expected to produce 822,400 ounces less #gold in February 2021, we expected to produce 8,9 million ounces more #silver in March 2021?

The day after 30,5Moz went poof?

No of course not. These are overleveraged shorts being closed, desperately, trying to minimize the inevitable damage.

Since #gold is the big brother, it gets the better deal. Even if #silver 10Xes it'll be smaller in price then gold.

If you're asking yourself what the key thing here is; It's that the price shouldn't be equalized by the making and destroying of contracts like this.

It's a PRODUCTION hedging tool. Not a PRICE hedging tool. If there is a global shortage like there is now, price SHOULD go up.

Indeed it should. And when it does the Bullion banks will get massive losses, as will everybody else.

So they're doing everything in their power to survive one more day, close one more short, and throw one more bar of #gold or #silver out the back.

Observe the mystery OI:

Now you could say all of this isn't happening. I might still be very much wrong.

I'm also starting to feel less and less anxious over time. Take that however you will.

Shit like this 👇keeps happening though. I'd really not chance it.
(Final numbers came out while typing).