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<p>[QUOTE=&quot;InfleXion, post: 1710645, member: 29012&quot;]I will meet you halfway. Economy matters a lot for short term price fluctuations, but it doesn&#039;t impact the bull market which is entirely based upon real interest rates. Yes the economy indirectly influences rates since a weak economy cannot sustain rising interest rates, but there is a degree of separation there. The economy can do whatever it wants, and if real interest rates are negative we will have inflation on all asset prices over time.&nbsp; </p><p><br /></p><p>The silver supply/demand fundamentals are even independent of this bull market and won&#039;t come into play until there is either a full on shortage or the CME is history. </p><p><br /></p><p>I also agree that markets are heavily driven by psychology, however I do not agree that this recent takedown had anything to do with psychology or China. If that were true we would not be seeing a disconnect between paper selling and physical buying, rather people would be selling physical, and that isn&#039;t happening. </p><p><br /></p><p>It was a coordinated take down by Merrill Lynch (BoA), JP Morgan, and Goldman Sachs. Moynihan, Dimon, and Blankfein all met with the President Thursday 4/11 after all, and the STOCK Act (Stop Trading on Congression Knowledge) was also repealed the Monday after that (4/15) after being proposed by Congress on Friday 4/12, the day after they had their Thursday powwow, thus making insider trading OK for Congress due to repealing of any disclosure requirements just in time to profit from insider info. Merrill sold 5 million oz of paper gold that Monday morning. Then the HKMEX run by Nathan Rothschild piled on after hours. They aren&#039;t even trying to fool people anymore, but not many are paying attention anyway apparently. </p><p><br /></p><p>After decades of price suppression to damage the public perception of metals and thus stifle competition with centrally controlled debt-based currency it ultimately doesn&#039;t matter what organic growth we have or what central banks do going forward. You can only keep a beachball on the bottom of the ocean for so long, maybe a very long time, but eventually nature will win out. The damage has been done. This is just damage control, hence the unjustified volatility. Volatility tells us that markets are conflicted. There is no reason for such confliction with inanimate objects unless there is coercion.[/QUOTE]</p><p><br /></p>

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