More manipulation by the big banks but is failing because the bullion dealers are asking very large premiums over the paper spot price. The bullion dealers have more of a handle on the actual silver supply then the big banks. Watch the bullion dealer prices and not the paper spot price. I have never seen such high premiums over the spot before on silver bullion. See JP bullion. Something going on and the banks aren't controlling the actual price of silver bullion.
It is dropping again but with a caveat. As gold plunges the gold/silver ratio is dropping also which never happens. That is why in my last post I said the banks have lost control over the physical silver market and the bullion dealers are now holding the cards with their high premiums on physical silver, especially silver coins.