"The reasoning for the suppression is governments/bankers
The Commodity Futures Trading Commission is now investigating the possibility of criminal activity in manipulating the silver futures market, particularly at JPMorgan. The belief is that as investors realize that the precious metals market is manipulated, gold and silver prices will rise exponentially, but until then prices will suffer. "Our complaint is that more often now they're doing it surreptitiously as a mechanism of supporting their currencies, supporting government bonds and suppressing interest rates," says Chris Powell, secretary and treasurer of GATA. The opposition, however, believes that claims of price suppression are completely unfounded. "If this is suppression," says Jon Nadler, senior analyst at Kitco.com. "I think it's completely ineffectual, and let me have more of it."
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