Where are all my detractors now? I've been harping on illegal price suppression schemes by the large bullion banks for years, to an audience who generally dismissed me as a conspiracy theorist. This may cause the price of silver to soar even more now that the commercial shorts have to cover their shorts--and their tracks. I'm going to guess they'll get a slap on the wrist (i.e. a fine with no admission of guilt) since they're doing it on behalf of the Fed--even if the CFTC enforces its position limits.
Either way, manipulation only works--until it stops working. The horses have left the barn. Silver, bitchez!
http://www.reuters.com/article/idUSWALQLE6QE20101026?loomia_ow=t0:s0:a49:g43:r1:c0.353211:b38714236:z0
Tuesday, October 26, 2010
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