Gold and Silver Finally Breaking the Big Banks?

That's what seems to be possible right now. The COT structure has the big money commercials hugely short and the tech funds taking the other side, making for a powerful force trending for a lower price soon for gold and silver.
Ted Butler - the center of the Silver anaylsis universe - has titled this the Rope a Dope market. The commercials are waiting out the tech funds for a big downward flush out - maybe $30 or more on gold and perhaps $0.50 on Silver. Silver is looking weak because it catches the downdraft and only a tail wind from the updraft.

Options suggestions are to go short from here for a mid length contract in silver and gold, then bail out when the clean out begins - and there will be a clean out. Then convert those profits into a long position as far out as you can in Gold and Silver, scooping up a front run on both the correction and the spring back.

My silver long options are already layed in and I am waiting to convert at the end of October, early November when I expect Silver to have successfully crested the $14 level and left me whole in my positions. I need closer to $15 to make any serious money on them.

Listenting to Bloomberg about Wall Street loading up on commodity traders and converting mortgage brokers into traders. Ha! That's like converting a marathoner into a sprinter or maybe even a shot putter. Could happen but seems like pushing up hill.

Also read Grandich's letter about what he sees coming with the U.S. attacked and attacking from all sides - militarily, economically, manufacturing, and financial.
We are world-class, down and dirty, bring out the belt, shouting from the roof tops ---SCREWED. While I think Grandich is way off in terms of the threats he sees coming from the towel head cultures, his economic analysis is more cogent.
One aspect he misses entirely is how the U.S. has sealed it's own fate with the regulatory burden of our markets and businesses has made growth a slog through process. More orchid than weed. We want growth like weeds, not the occasional example of a Microsoft or Google Orchid.

We have choked off our own life force and rigor mortis will set in.

Buy tools, including guns, generators, water pumps, anything you think you might want in the next 5 years.
Sounds crazy but those things hold their value better than a falling currency when an economy collapses. And the markets are not going to save us at all.

G-d only knows what will - Gold and Silver.