http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_J/threadview?m=tm&bn=10073&tid=384772&mid=384901&tof=2&rt=2&frt=2&off=1

If you have been paying attention you would know that our group starts buying after Feb 8. The big hedge funds we talk to want to buy when the price is over $31. They would rather buy at $31 then at $24 because they (as well as we) would interpret the price above $31 as indicative of tight supply while a price of $24 as indicative of abundant supply.

They would gladly pay $40 if this indicate how tight the supply is rather than a lower price if this indicates the Morgue somehow was less afraid of a raid. This is a scheme to force a premium from the Comex and the buy in price is really irrelevant if we can be assured that the Comex doesnt have physical to deliver.

The key to this is to see how many Mar contracts are standing for delivery as Mar 1 approaches. The bulk of the buying will occur near the end but the process starts on Feb 8.


The only way this will fail is if Comex and The Morgue can deliver physical silver. Period. The buy-in price is irrelevant. But if they cant deliver the physical, then their only defense is to hike the price.