Eric Sprott is CEO of Sprott Asset Management and a long-time proponent of owning both gold and silver. He is also a long-time proponent of the belief in the conspiracy theory whereby large financial institutions are colluding to drive silver prices down, as when prices fell from around $50 to $32 an ounce in May.
Silver manipulation appears to now be concentrated in a single bank and a decline in premiums for silver bullion becomes understandable. For more information, click here
By Melissa Pistilli-Exclusive to Silver Investing News The Dow, along with other major indexes, plunged out of control Monday as investors everywhere shook off any perceived fantasy that the $700 billion bank bailout would serve as a panacea for the U.S. financial crisis. The Dow fell to 9,525.32, it’s lowest level since October 24, 2003. [...]
By Melissa Pistilli – Exclusive to Silver Investing News Recently, I attended the Sixth Annual Silver Summit in Coeur d’Alene, Idaho where investors, mining executives, industry analysts, and silver aficionados met to discuss and learn more about what’s happening in the silver market. Needless to say, it was an interesting time to be at a [...]
The Market Oracle(Editorial) reports since gold and silver prices have gone down and all others including Ted Butler, Rob Kirby, James Conrad are all blaming manipulation. Mike Shedlock explains the conspiracy. Let’s take a look at those manipulation theories starting with Ted Butler. My comment: That is a rather interesting statement. Gold and silver did not act as [...]
Tuesday, June 14, 2011