...and as long as you're reading Butler.

cladking

Check out Israel friedman's 2nd article about half way down the page.

cohodk

Seems no one knows who the shorts are, but perhaps the shorts are really the mining companies. They sell to lock in a price and then mine it and make delivery to close the short. Conspiracy guys are gonna hate this plausible scenerio.

cladking

<< <i>Seems no one knows who the shorts are, but perhaps the shorts are really the mining companies. They sell to lock in a price and then mine it and make delivery to close the short. Conspiracy guys are gonna hate this plausible scenerio. >>



I don't know, but it strikes me that this is a tremendous amount
of silver and it's not to the mining company's advantage to do any-
thing that would suppress the price.

There are independent rumors that these are Chinese concerns.
Whether or not there are good reasons for this action are open to
interpretation and verification but China is net importer of silver.
This does suppress the price so this might constitute not only the
cause but an explanation that regulators have yet to act.

The copper markets blew wide open when Chinese manipulation
dissolved last year. They may have been involved in the nickel mar-
kets as well but there aren't even rumors to this effect. If true they
probably were involved on the demand side.

cohodk

That could also be a possibility.

I have done extensive work in analyzing stocks with huge short interests and in most cases prices are not supressed. In fact, quite the opposite occurs.

Copper did have a parabolic spike in early 2006. The price has been (mostly) sideways since. Markets have a uncany ability to balance themselves out.

cladking

I was mistaken earlier when I suggested China imports silver. They are
exporting now and are the 3rd largest producer.

shorecoll

I heard month's ago on CNBC that the mining companies had been hurt as they had forward sold much of their production in the sub-$400 range.

Gemineye

Well I read Izzy's first solution on the mortgage crisis and if that's his fix then he should go back to where he came from....

Longshot

<< <i>Well I read Izzy's first solution on the mortgage crisis and if that's his fix then he should go back to where he came from.... >>



Seems kind of silly.