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Nearly Entire Open Interest in COMEX Silver Trades Hands in Single Hour

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 07 Mar 12 2:30 AM | 37 view(s)
Boardmark this board | De's Test Board 		Msg. 39443 of 45651
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By: malterwitty
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CURRENT EVENTS

The all-out cartel paper attack on silver continues. We documented last week how the cartel dumped 225 million ounces of paper silver on the market in 30 minutes coinciding with the release of the FOMC Monetary Policy report to being the raid. 225 million ounces of 30 minutes is approximately 7.5 million ounces a minute.

The paper shenanigans continued this morning, as 12,428 paper silver contracts were traded in a span of only 5 minutes at approximately 9:20-9:25 am today. That's 62.14 million ounces of paper silver in 5 minutes crushing silver from $33.02 to $32.54....or 12.42 million ounces of paper a minute!

http://silverdoctors.blogspot.com/2012/03/nearly-entire-open-interest-in-comex.html




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