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<p>[QUOTE=&quot;Cloudsweeper99, post: 1447524, member: 3011&quot;]I like silver and I am invested in it since 2004 as a result of some research and because it was just emerging from a 24 year bear market.&nbsp; I&#039;ve read a lot of Butler&#039;s articles.&nbsp; Where I differ with him is his idea that silver prices are supressed by bankers manipulating the market through shorting futures.&nbsp; If they are manipulating it lower, they are doing a fairly bad job.&nbsp; I don&#039;t know why anybody would think that COMEX is the primary silver depository anymore.&nbsp; Central Fund of Canada doesn&#039;t use it, and most likely neither do a lot of other investors who stockpile silver for industrial or investment purposes.&nbsp; The government of Chia is rumored to be perhaps the largest owner of silver [and by the way, I believe they are a client of JPM but I no longer have a source for this information so take it as rumor].&nbsp; Butler is waiting for the &quot;manipulation&quot; [i.e., shorting] to end, and if that is the case it seems likely that he will never publish a sell signal on silver regardless of the price action.&nbsp; That&#039;s my problem with his analysis.&nbsp; When you talk about JPM stealing $1.2B of metal as if it was fact, it just adds fuel to the conspiracy fire and prevents a cool-headed analysis of the silver market.&nbsp; I don&#039;t find that sort of thinking as useful to an investor.[/QUOTE]</p><p><br /></p>

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