could be GOOD if Royalties are going Short against the BOX to keep prices cheap for themselves ? The Cost of carry of a Short position gets expensive at low Prices even if it beggets more DEALS ! In FACT that applies to all Shorts at zero interest Rates ..when they rise ITS ALL OVER !
and Bull MArket STARTS ! NO MORE CHEAP CREDIT CARRY …NO MORE DEALS ..NO MORE CHEAP SILVER ! ZERO RATES KEEPS PRICE of GOLD & SILVER DOWN …The CREDIT cost of CARRY for Shorts and FUTURES gets too high and the BULL MARKET must begin…or everybody defaults on their DEBT !!!!!