It appears John Embry has the same feelings on the latest silver assassination attempt as The Doc.
It’s a small market and it’s been abused many times in the past. A major bullion bank, who is now being sued in a class action suit, has a massive short position and has been very active on the short side of this market. It’s in their best interest to cover these shorts and there is no better way to cover them than to drive the price down and get the longs to throw their positions over the side.
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