Well, I suppose Steer could be right about JPM and silver. So that would mean that they “allowed” it to go to $50 in 2011. If that is the case then maybe we just have to hope they allow it to go up again sometime in the near future.
There are so many commentators in pm’s I wonder if any of them really know. There’s no doubt that pm’s are manipulated.
Looks like the SM is poised to bounce today but pm’s might just rally with it. We’ll see.