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Message: the friday rout explained

Re: the friday rout explained

posted on Oct 14, 2008 01:28PM

antheon, you didn't answer the question. once again, where are the shorts going to find the metal they have sold short? do you honestly believe that these are legitimate commercial transactions? please explain any legitimate reason that the banks would be short one year of silver production. do you think that silver and base metal producers have sold short that much silver, in today's environment, at these prices?

if you think there is no problem obtaining physical silver at these prices, you haven't tried to obtain any lately. ask your local coin dealer, or any bullion dealer on the web to sell you anything at the comex price, and see what happens.

am i supposed to believe that all of these analysts are wrong, and that you are right? and for the record, those analysts have done very well for the past seven years, up until this year. i have no doubt that the goldman and morgan traders have intimate knowledge of the markets. they also have all the money in the world with which to manipulate the markets by selling unlimited amounts of paper silver and gold.

there has been a panic to sell gold and silver on the futures exchange, driving silver down to $9.50 at one point, while at the same time there has been a panic to buy real gold and silver

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