Wake up. Silver is MANIPULATED!! I'll say this again since its important.
Commercials arent shortng silver because they are anticpating a collapse in gold/silver. Commercials are shorting silver in ever increasing record nakes short contracts because they are trying to precipitate a collapse in gold/silver prices.
All the techies seem to forget the most important fact when they are looking through their tea leaves reading the past, THE SILVER MARKET IS MANIPULATED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Is this new information for anyone out there? I hope it isnt. When the author of that assinine Seeking Alpha article spoke of how precient the Commercials were in predicting silver price collapses in days gone by, he ignorantly neglected to mention that these price collapses were accompanied by disgusting unparalelled margin increases, after hours not for profit selling, unbacked short selling of such massive, massive, massive amounts of silver that the ONLY reason for such selling is to crash the price.
One can always complain to the ridiculous CFTC about these facts, except that CFTC Commisioners Bart Chilton, Gary Gensler, Jill Sommers, Commisioner Wejten and Scott OMalia are either clownishly, buffoonishly inept, or expertly corrupt. If this isnt already common knowledge to readers here and I hope it is, then google 1. CFTC Justice Painter told by CFTC Chairperson to never rule in favor of a plaintif 2. CFTC Silver Investigation, 3. Judge quashes CFTC position limits mandated by Dodd Frank, ect, ect, ect, ect, ect, ect, ect, ect.