2016年2月28日 星期日

Harvey Organ: Options Expiration RAID!

真係禁住金銀價來個期權結算, 所以想買平貨要乘機啦 !

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We are now entering the last week of the month and you all know that it means with respect to keeping the price of gold/silver in check until March 1
options expiry:
for the Comex:  Wednesday Feb 24   expired
for OTC and LBMA: Monday, Feb 29.

Generally the bankers get their way during options expiry week.  Yesterday lease rates went dramatically lower on silver and gold.  That told me that today, the bankers would try and raid.  During last night and early this morning, they used every “paper” muscle they could but instead they came up against huge physical demand and lo and behold gold basically finished unchanged.  Today was a huge victory for us in gold.  The bankers will regroup and again try and raid tomorrow or on Monday.

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