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<p>[QUOTE=&quot;Smitty, post: 1385703, member: 35044&quot;]Goodness gracious, these threads always seem to get so contentious.</p><p><br /></p><p>To me the thread topic is extrapolating the question - What happens when silver lease rates are very low?</p><p><br /></p><p>Recent history shows that when lease rates are low prices start to spike up. When prices spike up there&#039;s suddenly a series of large shorts that seem to be trying to push them back down ... usually successfully. You can call this manipulation or not. It really doesn&#039;t matter. What matters is that it happens more often than not. If it happens more than not then it becomes a higher probability than not. And successful investing is simply about betting on higher probabilities.</p><p><br /></p><p>Do we invest in silver to be &quot;right&quot;, or to make money? I know what my answer is. I don&#039;t have to be right all the time. I just want to give myself the knowledge to have the best chance to make money. </p><p><br /></p><p>Now, as to whether &quot;manipulation&quot; is happening, well, that&#039;s something people can choose to believe or not. Doesn&#039;t really matter to me as I don&#039;t finalize my trading on what other people think (with the possible exception of Jim Rogers), so I really don&#039;t care to get into a back-n-forth about it. People can choose to do whatever they want with their own money. However, if you do suspect manipulation, that opinion gives you an option of looking at the timing of events connected to the schedule of actions (contract expiration, amount of physical silver, etc.) on the COMEX market. This should only be of consequence to &quot;traders&quot; of silver who are looking for the best entry/exit points. I bought the bulk of my silver at $8-11, which in itself is a 37% price gap. But so what ... look where it is now. Long-term holders should probably not be as concerned with manipulation and just buy on pull-backs because as long as they keep printing money silver will go up.</p><p><br /></p><p>&nbsp;For those who want to explore the accusations of manipulation in simple terms, they can start with this series of interesting <a href="http://www.youtube.com/watch?v=Gl47z2g2EvI" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.youtube.com/watch?v=Gl47z2g2EvI" rel="nofollow">cartoons</a>. Then study the daily contract action on the COMEX and read the accusations surrounding the silver manipulation court case against JP Morgan, starting with the Bear Stearns takeover and the August 2008 Bank Participation report.</p><p><br /></p><p>Another thing to notice is that SLV is now touching a downward trendline. Which is an additional technical reason it may get knocked down. But again, that&#039;s something to add to the arsenal of &quot;probabilities&quot;. Nothing in investing is &quot;definite.&quot; If you need to have &quot;definites&quot; you need to put your money in the bank (where you &quot;definitely&quot; know it will lose value <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />).[/QUOTE]</p><p><br /></p>

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