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>Silver and the Unmentionables  - Jeffrey Lewis - 
I have to agree the trading of silver/gold the last few months has been bizarre, to say the least. Ten/twenty years ago, every time something bullish for PB happened in the real world (eg, war, or threat of war), and these prices would jump. Now? We've had what, 3 wars/near wars in the few months and....nothing. If anything, a drop.

Now, some claim that it's all paper selling/shorting to keep the market low, but, at some point, it really seems like physical demand would start to put a dent in the paper selling. Especially in Shanghai, where trades are ultimately settled in physical, not paper, PM. How can the "evident" large scale manipulation go on this long without there really being that much physical to go around?

Imagine if this were done in pork bellies. Sooner or later, you're going to need to come up with real pork bellies to settle the trade. "Sooner or later" has been wayyyyy past "later" if the PMs are really being manipulated on the scale it seems like.


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Beginning of the headline :The purpose of a taboo is to avoid destruction. Those who do not respect the taboos of a culture endanger the cultural identity.Therefore, disregarding the taboos produces self-destruction and/or destruction.Many of you read Jeff Clark's (of Casey Research) recent piece outlining the reasons why silver prices will likely move higher. It was a great piece from an organization with great reach. But it missed the unmentionable elephant in the room. Here is a summary in all its bullish glory.http://... Read More
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