New price cap?

R

rodmadman

New Member
Looks like the cartel's new price cap is $16.60 USD . Wonder how long they can hold it there. All the claims are they are getting weaker by the day. I wonder how long before we see natural price discovery. Im sure the suppression has caused a large decrease in supply. I think we will see industries going deeper into inventory holds as well at this point with assumed capitulation reached. I may be wrong but Im an optimist.
 
rodmadman said:
Looks like the cartel's new price cap is $16.60 USD . Wonder how long they can hold it there. All the claims are they are getting weaker by the day. I wonder how long before we see natural price discovery. Im sure the suppression has caused a large decrease in supply. I think we will see industries going deeper into inventory holds as well at this point with assumed capitulation reached. I may be wrong but Im an optimist.
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lol just lol
 
rodmadman said:
Looks like the cartel's new price cap is $16.60 USD . Wonder how long they can hold it there. All the claims are they are getting weaker by the day.
Click to expand...
This is the equivalent of some old lady hearing her washing machine rumbling and complaining that it is caused by Satan.
 
rodmadman said:
Looks like the cartel's new price cap is $16.60 USD . Wonder how long they can hold it there. All the claims are they are getting weaker by the day. I wonder how long before we see natural price discovery. Im sure the suppression has caused a large decrease in supply. I think we will see industries going deeper into inventory holds as well at this point with assumed capitulation reached. I may be wrong but Im an optimist.
Click to expand...

5e6116694147369871eda4b177afec9ad0dce249c30070c34952716e7d639098.jpg

Source: Cartel

:rolleyes:
 
non farm payroll due out tonight. Should have an impact one way or another. Will either head north to about $17.50 or head south to about $15.00
 
Caput Lupinum said:
non farm payroll due out tonight. Should have an impact one way or another. Will either head north to about $17.50 or head south to about $15.00
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Either way silver is probably up for us in terra australis, bad news silver is up everywhere, good news and the usd stream rolls over the aud. I should have held onto that au ounce I sold...
 
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