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<p>[QUOTE="fatima, post: 1172382, member: 22143"]To the party that said "we don't know what is causing these declines", the answer is Yes we do. The prices we are seeing is for paper silver and mostly due to the the bankers pulling out all the stops to keep from having to deliver on the massive silver shorts they created. They dump massive naked shorts on the market, and get the crimex to increase their margins, in hopes of scaring off a lot of longs, so they are not forced to deliver the silver or pay them off with huge premiums in cash not to take delivery. There simply isn't enough silver to cover even one day's trading these days. </p><p><br /></p><p>As noted in the video (of those cartoon bears) that I posted earlier, the<u> price of physical silver is diverging from that of paper silver</u>. A quick check of the Nucleo Exchange at bullion direct shows that ASE's are trading for around $45/coin whereas the current silver price is around $41. </p><p><br /></p><p>The point of this is to use the opportunity to acquire more physical silver.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1172382, member: 22143"]To the party that said "we don't know what is causing these declines", the answer is Yes we do. The prices we are seeing is for paper silver and mostly due to the the bankers pulling out all the stops to keep from having to deliver on the massive silver shorts they created. They dump massive naked shorts on the market, and get the crimex to increase their margins, in hopes of scaring off a lot of longs, so they are not forced to deliver the silver or pay them off with huge premiums in cash not to take delivery. There simply isn't enough silver to cover even one day's trading these days. As noted in the video (of those cartoon bears) that I posted earlier, the[U] price of physical silver is diverging from that of paper silver[/U]. A quick check of the Nucleo Exchange at bullion direct shows that ASE's are trading for around $45/coin whereas the current silver price is around $41. The point of this is to use the opportunity to acquire more physical silver.[/QUOTE]
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