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<p>[QUOTE=&quot;NorthKorea, post: 1305427, member: 29643&quot;]Billionaires would have no reason to prop up the silver market given how harsh the penalties were for the Hunt brothers with silver in the 80s and Hamanaka in the 90s. It&#039;s simply not worth it. Virtually any actions that drive up the price of an industrial metal are pegged as manipulation.</p><p><br /></p><p>As for the &quot;short term support&quot; aspect of your post, my posting of the chart was directly in response to the comment that silver would bounce back immediately. We&#039;re seeing a small rally in Asia right now, but once Hong Kong closes, that will likely reverse since Asia didn&#039;t pierce $32.60. If LME doesn&#039;t pierce $32.60, it&#039;s unlikely to support the $32 psychological support line. That would mean we&#039;ll see $31 psychological support retested today during the NYMEX trading session.</p><p><br /></p><p>Until the numbers dictate otherwise, I insist that we&#039;ll see $28 silver before we see $35 silver.[/QUOTE]</p><p><br /></p>

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