posted on Feb, 25 2012 @ 07:31 AM
So to all silverbugs we are used to silvermarket smackdowns. When JP Morgan & co flood the market with naked shorts or increasing margin requirements
and the price starts crashing. This is the game they play, they cant let silver price go up, or these few Too big to fail banks are in big trouble.
But what happened this friday was that a HUGE amount of papersilver was sold in 7 minutes (102 million oz)
This is the amount of phyz that have been mined this year.
But this time someone actually bought these shorts. China????
If this is china then we should see some interesting days ahead. Im not saying that this is the end of manipulation, but we are getting close to the
point when phyz silver investors are getting their reward as comex
seems to be dry of silver.
Read more from silverdoctors
This is getting really interesting with oilprice rising and all.