I’ve watched the gold and silver markets for a long time and it seems obvious that these markets are continuously manipulated.
What I don’t understand, however, is how “they” can manage this over extremely long periods of time. Inflation is what is being hidden with respect to gold and silver. But, AFAIK, nothing else is. The price of almost everything else just slowly rises with time. But not gold and silver.
How can that be managed long term? Seems impossible to me.
The thing that many folks don’t understand when it comes to trading and investing is the other side of your trade.
Once you have bot something, you are now a seller of that thing.
When I read and hear about “Major Banks and Institutions” that have bot boat loads of Gold and Silver and what do they know ? ?, and you should join in ?
They need YOU.
They need someone to sell too.
People who buy $25k ads to tell you to ‘Buy gold as a hedge against inflation’ are scamming you.
People like Mark Levin.
Raise your hand if you didn’t know gold and silver prices are manipulated. :-)
I think this is currency manipulation.
Driving up the selling price of gold and silver is really just driving down the value of currency.
Potential new industrial use of silver could use ~3% of 2015 (886 Moz) production by 2020; and, result in a compounded increase of ~1.5% per year thereafter, for the following 15 years. By 2030 could possibly use about one-quarter of current yearly production.
Someone’s talking point about a coming shortage of silver in about 2 years will be used to talk the price up.