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Joe Serino's avatar

Great analysis. A good compliment can be seen from Bix Weir at RoadtoRoota.com who has documented the silver price manipulation and suppression for 20!years so none of this is a shock or surprise but a long anticipated break from paper trading as physical demand by industry has broken the system and will lead to free price discovery. Do not fear this. We should’ve been screaming about the Crimex all along. I say good riddance.

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David W Kaiser's avatar

Another factor is possible manipulation of silver's price by J. P. Morgan and the other bankers. They are buying vast quantities of physical silver and at the same time holding vast quantities of paper contracts that they are shorting. It has been speculated that they will allow the price to go up to $200/oz. and then crash the market to make lots of money. As home stackers, while you are safe from paper's and ETF 's rise and falls, don't make assumptions on your supposed wealth or make financial decisions based on your silver holdings.

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