tag:blogger.com,1999:blog-8123338579877576362.post1533414244002880472..comments2023-10-31T07:07:05.659-07:00Comments on Robert Mix's Blog: Silver Article, Maybe Two Coming Soon, MeanwhileRobert Mixhttp://www.blogger.com/profile/12141824576251526483noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8123338579877576362.post-80641650384844827502011-07-25T17:55:45.785-07:002011-07-25T17:55:45.785-07:00"Tomorrow is option expiration on the Comex. ..."<a href="http://jessescrossroadscafe.blogspot.com/2011/07/gold-daily-and-silver-weekly-charts_25.html" rel="nofollow">Tomorrow is option expiration on the Comex</a>. I hear that there are quite a few call options open around the 1600 strike. So we would expect the price of gold to get hammered down below 1600 sometime this week.<br /><br />"When options are in the money, they are converted into open futures contracts. So there may be a lot of new holders of futures contracts who get a stiff gut check on Wednesday through Friday, if it does not come tomorrow."Jim Rhttps://www.blogger.com/profile/17419179432204743768noreply@blogger.com