Yeah but in this thread it was argued that the price of silver would go down? why would you say that? Why would Klein say that? Remember, he's an Elliot waver, and these "prechtarites" have been wrong all along! So why give credence to this Prechtarite over any other now over the previous times?

I might contend (though I am not an expert) that if JPM declares a force majeur, that indeed, the price may drop in the COMEX, but the physical would take off.....and the price discovery process from the comex vs physical ownership would begin to exagerate its difference even further. There is already a difference, but at this point, wouldnt you see an even bigger and bigger price difference demonstrating the final nail in the coffin for the COMEX when it comes to Silver at least?