[Cringing Negativism Network]

Keep an eye on Beijing.

If the Chicoms decide Trump is going to win - they’ll proactively get in front of it, and revalue the Yuan to stave off protectionist measures.

Could be, they’re unloading tons of silver now, to re-buy with more valuable Yuan later.

Which would be a (huge) money-making opportunity for anyone who were to buy, before then...

Just saying.

[bigheadfred]

Yeah, well, I don’t have any money.

And from what the doctors tell me, by the end of the summer/fall I won’t have any.

So what the heck.

[ponygirl]

A silver correction is way overdue. It actually started to drop a while back, but then the Japan earthquake hit and everything skyrocketed again.

[Mariner]

"Could be, they’re unloading tons of silver now, to re-buy with more valuable Yuan later."

I don't believe enormous...or even modest sums of money are invested in silver.

The Chicoms don't play in such small markets. If they want silver they will buy as much as they need. If they don't, they won't.

Silver is basically an industrial metal and only has MONETARY value if gold ends up being the dominant money.

Don't get me wrong, that could happen. But it's not imminent. This bubble has to bust first.

And this commodity/stock bubble is the biggest that's ever been within the context of the REAL economy being at least 30% below it's frothy peak.

This move in silver will be followed by gold, oil, wheat, soybeans etc.

The end of Fed largess is probably at hand.

[PA Engineer]

Could be, they’re unloading tons of silver now, to re-buy with more valuable Yuan later.

This is May Day in China. The markets are closed. The selloff came from New York Globex. It was a slaughter of the "longs" to prop up the "shorts" (COMEX). These were "electrons" in the banking cloud. I never believed all the reports on the COMEX until a couple of years ago when I began to look seriously at the markets. This chart is all the evidence you need.