China & Silver

Also, as you know, silver is well into its sixth year of a structural deficit — and this data point from China just released, is yet another straw in the wind that despite the current ‘wash, rinse & spin’ cycle engineered by the collusive commercial traders of whatever stripe…the days of double-digit silver prices are numbered.

In light of that, I’m wondering if the efforts of the Big 8 commercial traders to reduce their short position in it — and gold, to new record lows…aren’t in preparation for this exact event.