Washout Becoming Increasingly Likely in Gold & Silver

金銀大洗倉, 大家須綁好安全帶, 只要持有的是實金實銀, 又無借錢買, 哪怕大波動 !

silverdoctors.com

From T. Ferguson:

We must admit that it is looking increasingly likely that a washout is coming. Previously, I had only put this at one chance in four. After these past three days, we must now consider this a 50/50 probability, at a minimum.
It is looking increasingly likely that the goal of all of this is to drop gold through $1525-1535. This would:

1. Trigger all sorts of long-term sell stops for The Cartels to cover into.
2. Allow Maria Headiromo to proclaim that “gold is officially in a bear market”, down over 20% from its all-time highs of August 2011.

Everybody and their brother is looking at $26 silver as a final line of defense. What concerns me is JPM et al working collusively with the other commercials to pull their bids. This creates an air pocket into which the Large Specs sell even more and blow silver through $26.

The resulting waterfall triggered by all of the long-term sell stops would take silver to $25 or even $24. Fast. At that point, everyone who is going to sell will have sold and the long climb back up begins.
This is why I’m pleading for strength and courage. A drop through $26 would frighten nearly everyone but it would be The Bottom and the ultimate and best buying opportunity…

No time for summer soldiers and sunshine patriots around here. Your faith is about to be severely tested. Do you have the courage of your convictions or are you easily swayed? Will you succumb to pressure and follow the crowd off the cliff or will you stand tall?
IF the Large Specs run price through $1525, what will you do? Do you have a plan? If silver falls through $26, will you be ready? Again, today’s action dramatically increases the likelihood of The Final Washout. You have been warned. Prepare accordingly.