Kiwisteve, before I reply to your post, my wife is a kiwi and will return home tomorrow after three weeks in Europe.
Alex Wallenwein doesn't really give a reason for the drop unless I missed it. He calls the reasons given by many others as hilarious and smoke and I agree. I believe that the reason that this takes place in NY nearly every time is that the Bullion Banks are struggling to keep the price down and get their money back from the paper players. Alex also states what I have been saying for a long time, we are in the middle of a supply crunch in silver that is only going to get worse. Following ia a line from the article:
"Until then, what happened today is no threat to your wealth if you are solidly invested in physical gold and silver".
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