"I'm sorry, my name is Turd".
"No, your name DumDum".
Look, I try to do everything right on this end but I'm not in control...(yet)...so I'm at the mercy of TPTB just like you are. The stock market is down a little. The dollar is down a little, too. Yet the entire commodity complex, with the exception of the grains, is getting whacked. The PMs are getting hit particularly hard as silver is down about $2.50 from yesterday at this time. Why? Is it the Primary Dealers of the Fed doing their Master's bidding through their prop desks, ruthlessly driving back commodity prices in preparation of QE3? I think you know the answer to that but ZH chimes in to help you along the way:
As mentioned in the previous post, The Comex isn't failing tomorrow but the supply of physical silver for delivery in July is below the level to settle even 5,000 contracts. This fundamental must, eventually, carry some weight in the "market". However, with QE to infinity assured, we can't know for certain how far the C/C/C will go in trying to collapse PM and crude prices at the behest of The Fed. Here are some charts for your guide but caution reigns supreme. This is still not for the faint of heart and nothing is certain. If you must play, play just a little. Right now, I have 2 July 40s and 2 July 45s. I have 1 Aug 1550 and 1 July $102 crude. That's it. No big positions and no big risk.
Hang in there. More later. TF