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Gold/silver

Discussion in 'General Investing Discussion' started by Tropo, 9th Sep, 2008.

  1. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
    Gold/silver

    "Is there a connection between 2 U.S. banks selling an additional 27,606 silver futures contracts (138 million ounces) in a month, followed shortly thereafter by a severe decline in the price of silver?
    That’s equal to 20% of annual world mine production or the entire COMEX warehouse stockpile, the second largest inventory in the world.
    How could the concentrated sale of such quantities in such a short time not influence the price?"....

    More is here: The Smoking Gun - SilverSeek.com