The monthly COMEX options expiration is on Tuesday. The bullion banks always take gold and silver down prior to this event. They will make sure that all the $1,600 gold call options and $40 silver calls expire worthless, as well as to repel the key $1,600 and $40 ROUND NUMBERS, respectively, for the THIRD TIME in FIVE DAYS.
Here is a fact I bet most of you are unaware of. Last year China consumed 23% of the world’s silver production.
I have received numerous emails asking me why we promote NIA in our pages. First of all, we do not promote NIA; I just reprint some of their excellent essays on gold and silver. There is growing concern that NIA is a “pump and dump” firm and our reader, Bob U. sent me the following link to a Peter Schiff commentary addressing this topic. I suggest that you check this link out: