29.04.2015 - What’s with JP Morgan and its massive silver hoard?
All markets are rigged – and silver especially so! That may be a cynical appraisal but the fact remains that any entity with sufficient capital behind it can usually move any market in the direction that suits it – the size of the market concerned perhaps being the key factor here as to whether this would be easily accomplished, or even attempted! And silver is a small enough market to be in the sights of the big money which theoretically can move it whichever way it wants through huge forward purchases or sales in the futures markets. As those who’ve been around a while will recall, oil billionaires Nelson Bunker Hunt and William Herbert Hunt, back in 1979/80 attempted to corner the silver market in just this way...............................................Full Article: Source
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