KWN har intervjuat sin "London Trader" som berättar om massiva köp av silver vid 33 USD/oz nivån. Order som legat inne sedan 16:e februari och nu blivit fyllda. Så länge silver ligger under 34 USD/oz så menar han på att det kommer att fortsätta ackumuleras kraftigt med silver från bl.a. Kina. Vidare menar han på att bullion bankerna som ligger extremt naked short i guld och silver börjar få slut på ammunition. Det börjar helt enkelt dräneras på fysiskt guld och silver på dessa nivåer. Det är ingen som är beredd att släppa sitt fysiska innehav (förutom de själva) på dessa nivåer. Enda sättet att få in nya säljare är att lyfta guld och silver avsevärt från dagens nedpressade nivåer.
Massive Physical Silver Orders Filled Near $33
"The Chinese are divesting out of paper right now. So we are seeing a huge uptick in euro physical silver purchases, as well as dollar silver purchases. When silver took out $33, a huge amount of physical orders were filled"
"When silver reverses, it will be the one that leads the market higher. Also, the commercials have been covering in silver the same way they have been in gold"
"The physical silver orders that were just filled have been waiting since February 16th. Those orders near the $33 level were filled in huge size on Tuesday. These long-term accumulators are buying every dip. There were some fills at $34, but some very large orders were filled near $33. As long as we stay under $34, there is going to be constant accumulation."
"These guys (bullion banks) are so naked short and the last thing they need is to have physical disappear at this time. This is the ammunition they have to drive the market lower and they don’t have very much ammunition.
Even in the virtual market they are running out of sellers they can cover into. There simply aren’t enough weak hands for them to cover in size and as I said, the last thing they need is for physical to be disappearing at these levels.
The real (physical) market is taking over now and the virtual (paper) market will not be as important going forward as the price of silver begins to rise again."