Metals

Gold & Silver Trading Halted: The CME is Playing a Very Dangerous Game

By  |  0 Comments
Loading...

from Miles Franklin:

Gold & Silver Trading Halted: The CME is Playing a Very Dangerous Game — Andy Schectman

Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, speaks with Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, about the sudden CME gas & metals trading halt, massive silver withdrawals, Mexico silver supply risks, and whether silver is quietly becoming a national security asset. After silver broke above $90, the CME halted trading, citing “technical issues”. Andy says, “These games… are greatly eroding confidence in the Comex.” He warns that “the moment the market believes there isn’t enough metal… it unwinds violently.” In this episode of The Real Story, they break down:

  • The CME “technical issue” and what happened at $90 silver
  • Millions of ounces leaving COMEX – where is it going?
  • February open interest and delivery stress
  • Mexico cartel violence and global silver supply risk
  • Project Vault and potential U.S. strategic silver stockpiling
  • Gold replacing U.S. Treasuries as central banks lose trust
  • What a violent unwind in metals would actually mean