Alasdair Macleod: “We are quite likely to have a failure on COMEX in the silver market”

Matterhorn Asset Management’s Lars Schall has released an excellent interview with GoldMoney’s Alasdair Macleod, discussing the latest take-down of the metals post QE4, the outlook for gold and silver, and cartel manipulation of the metals.
Macleod states that massive amounts of physical gold and silver have been flowing to Asia, and that the latest bank participation report indicates massive problems are brewing for the banksters in the COMEX silver market. With cartel shorts near a record at just under 300 million net ounces, yet with the silver price substantially lower than the 2011 high, Macleod believes that we are quite likely to have a failure on COMEX and in the silver market in particular.

Click here for more on the impending failure of the COMEX silver market:

2 comments on “Alasdair Macleod: “We are quite likely to have a failure on COMEX in the silver market”
  1. Bill says:

    I have some silver I would be willing to sell — not at $30 bucks an oz though.

  2. Ross canning says:

    Bring it on baby. 2013 is the year of change. This may very well be the catalyst.

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