Many times over the years I have thought out loud if the big shorts on the COMEX would one day just default on the bullion and settle in cash. The Turd today mentioned that both Chris Powell and Ted Butler are pondering same. So, it has come to this...and ppeople wonder wy bulk ammo sales hit an all time high just post election.
If so, what really worries me here, with sentiment as bad as it's ever been, is ... what if we are at the end game now and the cartel has decided to run the shorts harder than they ever have... and especially in the stocks? ... close the markets...declare settlement in cahs...just as the big end game hits?
If gold and silver are 'run' in December...with so many positive signs for both fundamantally and technically...it will really decimate the remaining longs and the route could be murderous. Let's hope today's showing red in the HUI isn't a usual signal by the cartel that gold and silver will be smashed as hard as possible this week. Of course, we can find some peace in the fact that there are so many physical buyers out there that they cannot possibly pull it off... can't we?