For months, including this past week, markets have rallied on hopes for a vaccine and more stimulus – even as the real economy is suffering under expanding virus restrictions and as a stimulus deal keeps getting thwarted by partisans in Washington.
Something must be seriously wrong behind the scenes at the U.S. Treasury and Federal Reserve for the M1 Money Supply to increase more in the past two weeks than it did in six weeks during the beginning of the pandemic shutdowns in late March.
The Supreme Court will have the ultimate role of essentially upholding the Constitution, for which the Deep State and its vassal state officials have been showing the most objectionable and egregious disrespect.
In commentary today two of our friends, silver market analyst Ted Butler and GoldSilverPros editor and publisher Robert Kientz, seem astonished that the U.S. Commodity Futures Trading Commission does nothing about manipulation of the gold and silver markets.
Getting back to gold, it’s not just this week’s increase in the concentrated short position of the 8 largest traders or the sharp increase in net buying by the other large reporting traders that stands out.