RE: Bashers and Manipulators vs $Thanks for that most illuminting post as Oryx does an excellent job on the basher crowd and reveals then for what they are.
Just think of the time, effort and dollars those that employ the detractors (investment banks at the top of the food chain) must expend. It is so obvious they are deseperate to keep their multi-year game in play while the headwinds they are bending into and denying are gaining momentum and wll soon be hurricane force. By attacking the paper they hope to stem any growing investment interest. It is much cheaper to attack the JPMs.
With respect to silver this is especially explosive as the CFTC and the likes of JP Morgan are petrified to say a word lest it be the spark to incendiary silver price rises. A pending law suit against the active manipulators of silver is on deck and may just be the unexpected event that roils the markets. It will be the first time I believe that a law suit is pressed during an active market manipulation according to Ted Butler.
Last I remember, SFMI has a 14 to 1 ratio of high grade silver to high grade gold (with an estimated $billion plus combined deposits in the mountain). Talk about a recipe for a thrilling success! Now, if you were so massively short silver that you can not possibly deliver on demand, wouldn't you be advertising a falsely negative perception of silver and against any potentialy productive silver explorer/miner to the whole market? Thus we see the continuos effort of that intent right here and on so many other BBs and about other PM stoicks. Talk about a campaign!
We are close, close, close...think between now and mid September...latest. Those not positioned will be chasing lightening.