Silver manipulationInteresting debate on whether the PM's are manipulated or not....thought I would start a list of the things that dont make sense to a falling silver price when the world is printing money and wars are starting and soverign debt is out of control....
Re: Silver
1/ Rostin Behnam when the price of silver exploded and demand sky rocketed..."said we were abe to tamp down the silver market with the tools at our disposal"
2/Silver price below the avg cost of production for producers
3/Price of silver going down on the paper mkt yet physical mkt record premiums to buy it
4/Comex inventory near all time low levels down 80M ounces to near 40M ounces
5/record shorts in SLV...
6/Volker when analyzing his success in bringing down inflation....did one thing wrong he said should have controlled the price of gold
7/The mints running out of product in silver 1 oz coins...if no one wants it what is the problem with the inventory
8/system designed with 5000 oz contracts....that can be further leveraged with debt if you can borrow cheaply at the libor rate.....personally this doesnt work great for me but I hear you can make good moeny doing it...
Add to the list? I am sure there are a lot m ore