Has anyone considered

derryb

that the recent attack on PMs might only be a concentrated effort to bring price down for some major investors - like financial institutions that are having serious trouble raising capital elsewhere? Would be interesting to see who the recent major buyers are. Wouldn't be surprised to find the Fed/Treasury behind this to help out funds/banks that need a quick "injection."

storm888

Obviously, on Friday some pretty large players were dumping SLV.

It is more likely that they simply needed CASH, than that they became convinced
the bull was dead.

But, we have seen more than the approx 20% drop that is generally considered to
announce the BEAR.

jmski52

that the recent attack on PMs might only be a concentrated effort to bring price down for some major investors - like financial institutions that are having serious trouble raising capital elsewhere? Would be interesting to see who the recent major buyers are. Wouldn't be surprised to find the Fed/Treasury behind this to help out funds/banks that need a quick "injection."

Yes, that is a major consideration. I count heavily on the assumption that we will never know the real situation since we are about 10 layers removed from the real action, and that the most logical approach is to observe everything social, monetary and political as it swirls around us.