These days there are no “market forces” as taught and known by generation of economists, businessmen, and stock market players. The “hidden forces” of the unholy alliance between the Fed and its TBTF banks, the various illegalities of High Frequency Trading, and various hedge funds are the “market forces” these days.
I recall how gasoline dropped from the very high $3’s to $1.69 in a matter of months, nearly without a break, back in 2008, ending on the very day of the election. Goldman Sachs stepped up eventually and said, yeah that was us, we jiggled some percentage requirement for Unleaded Gas in one of our big hedge funds, so everybody had to sell it by the ocean liner full for months.
What about the continued drop in gold & silver quotes?
I’m a keen student of the 1920’s hyperinflation in Germany. I have some umpteen million Mark notes handed down by family who fled.
Germans who possessed gold merely stepped across the border & turned it into Swiss francs or British pounds, which circulated in Germany & made the Mark even weaker.
How explain the drop in precious metals?