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Message Subject
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IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
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Poster Handle
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Anonymous Coward |
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To any who still believe that silver is NOT manipulated I say this. Silver being both an industrial and investment metal with all in mining/refining costs in the $22 range should tell you something.
That something is the financial powers that be do not want true price discovery.
Basic deductive reasoning says such a duality of uses would (should) enable the price of silver to float relatively consistently in a range near to or above its all in extraction costs. In other words, if the economy is "growing" at plus 4% as claimed then industrial applications for the metal should be a force driving up the price.
If fears of inflation a fiat devaluation or outright collapse of currency are a concern then its investment demand should drive the price.
Oddly /sarc neither appears to be the case.
So yeah, there's no manipulation. It's just us tinfoil hat wearing conspiracy theorists imagining smoke where there is none.
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