Morning Hobbers
It is interesting that they were able to goose the $ this am. The chart looks identical to yesterday's, just shifted up.
If what we read is true, there will be some buying of the paper that the cabal uses to push the price down. That is the weakness of the cabal. They are compelled to push the paper price lower but to maintain integrity they have to deliver a small percentage of metal to continue the bluff. Lately there seems to be more players willing to call the bluff.
We can't know what the ed game will look like, but they can not sell what they don't have indefinetly. Their graft is exposed. Their derivative conveyor belt is stalled. Their ability to deliver even a small amount of metal is showing signs of weakness.
"... it's nice to see the grip of the cartel apparently not as strong and long lasting as it used to be."
They are indeed getting weaker and their day of reckoning is near.