No matter what the SM does, or even the USD for that matter, gold and silver can never be seen as “go to” investments when shit hits the fan.
Captain Hook – I didn’t respond to you yesterday, but you’re wrong. The manipulation is purely the banks and their chosen hedge funds playing against each other keeping prices down across the sector, and if not the metals, then they attack the shares. Pure psychological warfare.
The small “speculators” as you call them aren’t big enough to even move the needle. Do they get wiped out when they try? Sure, but they have zero influence on this market.