GameStopping Our Freedom Of Speech!
GameStopping Our Freedom Of Speech! by J. Johnson for JSMineset
The February Precious Metals Options expiration happens next week Tuesday. With that in mind Gold goes lower, with the April contract trading at $1,768.50, down $6.50 after the typical London hit down to $1,759 with the high to beat at $1,776.30. Silver is harder to shake loose from the physical buyers grip with the May contract at $27.09, down 2.8 cents after that huge market-makers-middle-of-the-night-slam-dunk down to $26.105 before it recovered with the high to beat at $27.29. The US Dollar is still rangebound with the trade calculated at 90.26, down 34 points and close to the low of 90.215 with the high at 90.66. Of course, all this happened before 5 am pst, the Comex open, the London close, and after the Gamestop Hearing happened, in which one law faker, feels people who discuss the markets on an open free speech platform are a threat to the markets, controlled by Algo’s. “This episode exposes a serious threat to our financial system,” Scott said. “When tweets, social media posts, do more to move the market than material legitimate information(??), the risk is enormous…”
On Venezuela, Gold is now valued at 17,662.89 Bolivar, proving another reduction of 138.83 overnight with Silver now carrying a 270.56 Bolivar value showing a loss of 1.79. Argentina’s current price for Gold shows another 1,045.88 pull with the last buy at 157,498.18 Peso’s with Silver trading at 2,412.44 A-Peso’s taking back 12.94, or half of yesterday’s gains. Turkey’s last Lira price for Gold is at 12,326.87 showing the currency pulled another 75.76 from yesterday’s value with Silver’s last trade at 188.81, a reduction of 0.92 T-Lira.
February Silver’s Delivery Demands now shows a post of 366 fully paid for contracts waiting for receipts and again, with Zero Volume posted during London’s trading period. Yesterday’s full day of activity had 2 new buys at $27.125, down 18.9 cents over the previous Comex close, with Thursday’s calculated close at 27.077, down 23.7 cents where no trade was made, which also witnessed a reduction of 98 contracts that got receipts, maybe. Silver’s Overall Open Interest shows another 2,178 contracts leaving the field of play giving us an early morning total of 181,082 paper promises that trade against a product that can’t be found at these prices.