Forget everything else. Forget spot price. Forget options. Forget SLV. Forget your wifes birthday. Forget watching porn tonight.
RING THE FUCKING ALARMS. Everyone knows the comex is in a defacto default. But the slow, decent of the 'inventories' should be alarming-well not really the bears vids have been harping on this since November of 2010. But if you are late to the game, this blog for the next 30 days will be dedicated to the countdown.
Paper price vs. spot price is about to go full retard by firework day.
Only thing standing in our way is a move like 2008 to drain everything, and prop the $US till September...that being said there is no QE3, LOL, its going to get exciting.
My math sucks, but at this rate, the Comex should have 0 ounces in it, on July 6th. And this is NOT taking into consideration that the last 15 million ounces will be snapped up in half the amount of time. Happy fourth of July, you will see fireworks my friends.