Silver Just Called the COMEX’s Bluff

Silver Just Called the COMEX’s Bluff

By Matthew Piepenburg – 321 Gold.com

December means many things: A year coming to an end, a time for reflection, a time for looking ahead. A time for family and friends, and of course, a time for holiday belly-expansion.

However, what many may have missed this December is that it was the month the paper markets in silver had yet another near-death experience.

Hiding in Plain Site

As usual, this critical turning point in metals, as well as its neon-flashing signal of a globally debt-sick financial and currency system, went largely unnoticed.

In financial markets, the daily buzz remained forever focused on the usual suspects, from BTC’s massive falls, MicroStrategy’s losing gambit (-59% YTD) and an over-stretched stock market to crude oil’s annual loss or the never-ending deflation/inflation or strong vs. weak DXY debates.

These are, of course, important debates and topics. Most investors understand them, and thus most investors, bull or bear, have an opinion about them. That is why they fill headlines.

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