Why is SILVER being discounted so much versus GOLD ?

Lol, but illegal to whose perspective?

I understand that the Chinese government can sell 100 tons of gold, and force a drop of $50 in spot, then buy the 100 tons back and raise the price by $50. Personally, I feel that market manipulation happens a LOT out there, as we all are on the sidelines betting with our paltry sums.

I see Silver having the same fate, with Gov’ts jumping in, but also big Tech trying to capture industrial supply. Buy/sell inventories to influence / suppress price to gain inventory advantage.

 

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Liquidity is important. If a dealer buys a bunch of gold coins and knows he can sell them within 1 week, he is not taking on much risk.

OTOH....same $$$ value in silver, maybe he needs weeks or months to sell it.

 

Then the price will adjust and go lower to account for the shenanigans.

And who says the Chinese CB can sell 100 tons of gold and not depress the price and take the loss themselves ?