We said it yesterday here, today the prominent Chief Investment Strategist of the Sprott Asset Fund, John Embry publicly made the same statement: silver's sudden access market smash-down of over $1 Wednesday afternoon was simply JP Morgue (Blythe) trying to protect their ass. Embry believes the renewed manipulation reeks of desperation by the cartel, and frankly, COMEX registered silver inventory supports that belief. We'd be pissing our pants too if we were short 6 times the total silver inventory on the COMEX!
Once silver breaks out of its current consolidation, the next massive upleg should commence.
Click here for John Embry's latest interview with Eric King:
