The last couple of sessions silver has tried to make a move in sync with gold but each time it breaks above the technically significant level of $18.50 there is heavy selling to drive it back down. This again is more of the usual blatant manipulation geared to keeping the metal contained by flooding the market with paper silver contracts, which are unbacked by real metal and cannot be settled if the contracts are called for delivery. Fraud and breach of trust on behalf of the crooks to rig silver. If the metal were to trade above $18.50 it would attract fund buying on a technical basis and therefore set up a breakout. With the open interest still very high this could trigger a short squeeze. Count on the crooks to do all they can now to restrain silver and prevent that from happening.

As always, the only way to beat them at this game is to buy physical bullion on the cheap and take possession. Buying ETFs, or pool accounts, or playing the paper game will only play into the hands of the Cartel. They have unlimited paper to dump but very finite real silver bullion is available.

cheers!

mike