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<p>[QUOTE=&quot;desertgem, post: 2009550, member: 15199&quot;]so I guess they didn&#039;t succeed in slamming silver down today. They may try overnight, but it seems to bounce back lately. (Cited from: <a href="https://www.cointalk.com/threads/when-are-you-going-to-buy-precious-metals.254321/page-3#post-2009510" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/when-are-you-going-to-buy-precious-metals.254321/page-3#post-2009510">https://www.cointalk.com/threads/when-are-you-going-to-buy-precious-metals.254321/page-3#post-2009510</a>)</p><p><br /></p><p>I believe it is incorrect to imply that &#039;someones&#039; are moving the price down purposely. The way to do this is by selling at lower and lower prices, but to do this with no purpose loses money for them and that is not their intention. If people , investors were really interested and had belief in the value of precious metals, they would be buying strongly ~ and they are not. So they are the ones allowing the price drops. Bulls may not think so, but in the minds of most investors, the 2004-10 fear that the USD is collapsing, China will bankrupt us demanding payments, U.S. become a 3rd rate country never occurred and look a long way away. Today&#039;s news have 18% of multinational industries saying they will be moving back to US due to the economic stability and basically those countries are moving into the era the US has been suffering and now greatly recovered. If the metal producers really thought they were going to have a reversal , you wouldn&#039;t see the below ( from the article quoted) which gives the feeling the silver companies know they are in for bad times and are also whistling through the graveyard.</p><p><br /></p><p>“With all-in sustaining costs of US$10 an ounce, we can do just fine at these levels,’’ said Ira Gostin, vice-president, investor relations at <b>Tahoe Resources Inc. </b>(<a href="http://www.stockhouse.com/companies/quote/t.tho/tahoe-resources-inc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.stockhouse.com/companies/quote/t.tho/tahoe-resources-inc" rel="nofollow">TSX: T.THO</a>, <a href="http://www.stockhouse.com/companies/bullboard/t.tho/tahoe-resources-inc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.stockhouse.com/companies/bullboard/t.tho/tahoe-resources-inc" rel="nofollow">Stock Forum</a>), which operates the Escobal mine in Guatemala, the world’s third largest silver production&quot;[/QUOTE]</p><p><br /></p>

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