Silver priced below $4/oz was one of the most one-way bets in the history of commodities. Any objective analysis of that market would have indicated silver clients required much less hedging than in any other commodity market, not more. This negates the lies of the bullion banks.
Instead, building and maintaining a short position at least an order of magnitude larger than what could possibly be justified by market conditions yields only one, possible conclusion: This blatantly manipulative short position was/is a millstone aimed at dragging down the silver market and the price of silver.
We can support this obvious conclusion with irrefutable empirical evidence: the collapse of silver inventories. As I explained in theoretical terms in a
But there's more. When precious metals commentators were accused of being "conspiracy nuts" for pointing toward obvious, serial manipulation of the silver market they were frequently asked, "Where is your whistle-blower?"In rebuttal,
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