Silver fell a very sharp 85 cents from $18.40 per ounce to as low as $17.65 per ounce yesterday. This resulted in a 4.25% price fall soon after the London bullion markets closed yesterday, despite no market news or corresponding sharp moves in other markets.
Silver had been performing very well in the first two months of this year, having surged 15% in price. In fact, there were 10 consecutive weeks of gradual gains.
It … Continue reading...
Some commentators have, over the years, claimed that the price of silver has been manipulated by the large banks. They were always considered to be conspiracy theory nuts and bona-fide members of the tin-foil hat brigade.
Well, guess what? It turns out that they were right all along.
I had a friend create this video version of this post if you’d prefer that instead (this tool was used to create it):
Their allegations of … Continue reading...
Some pretty big news broke last week that seems to have gone under the radar of mainstream media.
After a civil lawsuit was brought against Deutsche Bank with regard to them manipulating the price of silver, a ton of evidence to back that claim has built up over the years and the bank finally admitted, in a court of law, that it had indeed rigged the price of silver.
There’s huge significance in this silver … Continue reading...
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