How can the CFTC allow this type of criminal plundering of the silver price by virtue of FIVE, COUNT THEM FIVE, margin increases in a matter of 8 days. Is this normal for any futures market? NO. Did they really do this to "decrease volatility"? Are out of your Fu**ing mind? Of course not. The entire operation of the CME to raise margin requirements this swiftly in an unprecedented manner is to knock the shit out of the PAPER/ELECTRONIC Silver Price. That is all. This is purely criminal behaviour and it is endorsed by our public officials and propagated by the big banks like JP Morgan who are short more silver than is available to deliver PHYSICALLY. This is a big con game and it smells of fear and greed and desperation. How far will this drop in PAPER SILVER go? Great question.
Of course NO ONE knows for sure, but like I said before, Buy The FuC*I*InG DIP Bitchez. Cuz you will be rewarded handsomely in the future. But, be sure to buy physical silver only so this way you won't be separated from your metal when the CROOKS run BullSh*T Paper operations like what you are witnessing right now.
Jim Sinclair always says to SELL THE RHINO HORNS, and to BUY THE FISHING LINES. Guess what? There was a big Rhino horn and now the fishing line is going deep.
Remember this, they are now trading the total annual worldwide production of silver in 1 day or less. But, this is just trading paper IOU's of silver. The COMEX IS RUNNING OUT OF SILVER. Look at the chart below from 24hGold.com. The silver price is not in a bubble. It is just the opposite. It is at the VERY BEGINNING of a massive move up in prices. BTFD.