Replies to post #18625 on ***Precious Metals Investors Club***

[White Cobra]

Clearly Cartel Raid on Silver (Gold as well?)

Yes, it seems crystal clear that another cartel raid has hit silver for sure.

As the article says, $16.5 million ounces of paper silver were dropped on the Asian market in a five minute period. Sorry, this is just too obvious a raid for those who may still believe the market reflects true supply and demand.

I am not sure, but it seems gold is being hit as well. Not sure if there is evidence for a Cartel raid or not here. Someone else may be able to better determine this.

[milo3]

Neither Rick Rule or Doug Casey believe the price of silver is being manipulated. These are two very smart individuals. Maybe they're thinking only long term manipulation can't be changed by manipulators. Obviously it is in the very short term. Oh well............

[Stinky_pinky]

I didn't do it! Ha Ha. S~P