The capping job shows the cartel is active, and the algo pattern signals to traders with eyes to see that the cartel is expressing its influence. This silver signal has a high correlation to subsequent cartel actions.
The gold cartel is setting up to smash both silver and gold over the rest of this week, when holiday trading brings very thin volume. THAT is what whomever setting this silver algo program this morning is telegraphing.
- Source, Eric Dubin of Silver Doctors: