Although this is a shameless plug for Zerohedge.com, the information is accurate.
Some comments on the other page asked how you can manipulate prices down. They think the prices can only be done up like the Hunt brothers did in the eighties. J.P. Morgan bought 40,000 short positions, more than all the physical silver in the world. This knocked the prices down. Right now they have gotten out of it, mostly, but that’s not to say they won’t do it again. BTW, for the uninformed, when investors take silver off the market, unlike gold, it has a huge industrial market, that shorts the industrial need and no matter what the insiders do, it has to go up or the industrialists have to stop making all the products that use silver. Lots of luck with that. Buy silver.
Comments are closed.
Enter your email address to subscribe and receive notifications of new posts by email.