Cartel Raid coming

"Now silver:

The total silver comex open interest shook the bankers to no end as the reading today came in at 147,465 for a monstrous gain of 4965 contracts. If you exclude the non economic spreaders who basically left silver a while ago, we are now at record levels. In oz, the open interest represents 737 million oz of silver or greater than 103% of annual silver production. This is totally unheard of and this is presenting our commissioners with a dual headache. The high open interest in silver and the decline in volume in gold. It seems that players do not want to enter the gold market due to its rigged nature. On the other side we have many wish to take on the bankers in silver which is a lower market cap as compared to gold.

The front options expiry month of February saw the open interest surprisingly rise from 86 to 121. It looks like more players are trying to get their hands on the last remaining oz of silver. All eyes are on the front month of March and to the shock of the bankers, the open interest ROSE by 483 contracts instead of falling or rolling over to the next delivery month. The open interest for the front delivery month remains resolute at 61,720 contracts. Midnight Oil night for our bankers tonight. Expect a raid again. Remember that options expiry for gold shares is this Friday night and they always raid going into options expiry!

The estimated volume at the silver comex is very surprising. The estimated volume today is 47,206.

The confirmed volume yesterday was very good at 66,810 contracts."