Message:

<p>[QUOTE=&quot;fatima, post: 1036257, member: 22143&quot;]A speculator is simply one who looks for higher profits by increasing risk so they are not the ones holding down the price by definition.&nbsp;&nbsp; </p><p><br /></p><p>The CFTC is investigating the two bullion banks for silver price suppression.&nbsp; The bullion banks work on behest of the Federal Reserve and other central banks in the metals market.&nbsp;&nbsp; The accusation is they are involved at metal price suppression by selling massive amounts of un-backed paper (shorts) to hold down metal prices.&nbsp;&nbsp; </p><p><br /></p><p>The rumor is that a group of Asian buyers have called their bluff and have bought every short they can produce so far.&nbsp; The risk to the bullion banks is they will have to come up with the actual metal if the shorts are not bought out by delivery time.&nbsp;&nbsp; In the past, over the last 20-30 years, this has never been a problem because they had the ability, for the most part, to cover their positions.&nbsp; This is an unpredictable high stakes game and anyone else trying to time the market will get burnt.&nbsp; </p><p><br /></p><p>The long term effect is that physical metal is flowing from the West to the East, which at this point, would seem to be the end result.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in