Open Interest on Silver tells itsover at Comex Exchange the Volumes the CME report are desperation

originally posted by: Aliquandro
Wondering what you think is going on right now... metals are dumping again? I thought you implied MEMEX was going to prevent the price manipulations

Pretty sure he isn't going to be able to answer...

a reply to: AugustusMasonicus

You have to realise what metals mean for the hegemony of the dollar, they are the only alternative, if they are not controlled the dollar becomes worthless.What metals should be and what they are becomes irelevant, at some stage the buying power of Gold and Silver will decide its own worth.Which it seems to be doing whatever price the spot is ,trying to get it around that price is impossible.Their is some sort of shortage for silver which is getting some serious massaging.

originally posted by: anonentity
You have to realise what metals mean for the hegemony of the dollar, they are the only alternative, if they are not controlled the dollar becomes worthless.

They aren't controlled, they're subject to the free market. What's stopping you from buying or selling them to anyone at any time you like? Nothing.

a reply to: AugustusMasonicus

Of course the price is controlled JP Morgan just got fined a billion for rigging them.

a reply to: anonentity

Spoofing your investors isn't controlling the global market, there are thousands of other commodities brokers to use.