Machine Shed

The bounceback in the POSX continues this morning and The Machines are again taking us to the woodshed with Comex Digital Silver now down a full dollar, or nearly 5%, on the week.

And this is what can happen in August. We’ve been warning about this type of BS and here we are. The POSX has spiked back above its 50-day and The Machine have responded by driving CDS back below its 50-day. It’s ridiculous. It’s bullshit. And it’s what counts as “price discovery” for physical metal in 2022….

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