Interesting read on gold and silver miners complicity in fixing PM prices....
I have no idea whether we'll go lower from here or not. But as I've been saying for years, the miners will never address the real issue...and that's the price management scheme in all four precious metals by JPMorgan et al. And as I said last week, they'd rather let their companies crash and burn than live up to their fiduciary responsibilities to their shareholders...and if you doubt me, just pick up the phone and talk to any precious metal mining company about this. Normally I'd tell you what the answer will be, but you should find out on your own. But I can tell you that they don't give a damn about you...and that's one of the things you'll find out pretty quick.
And don't expect anything from either the World Gold Council or The Silver Institute. The reason they are there is to make sure that this issue never sees the light of day within the gold and silver mining industry.
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