Silver: Victim of Motive, Means, and Opportunity

Silver gets little respect, but that is sensible in a world dominated by paper assets and pretend values.  Similar to a murder investigation, let’s examine the motive, means and opportunity used to “manage” silver prices. MOTIVE:  The price of silver is important to industrial users, since there are thousands of uses for silver, many of which have no alternative except silver.  If the price of silver rises too rapidly, people notice.  Worse, a price rally in silver probably will spread to the gold market, which is watched globally by banks, institutions, and people.  A rapidly rising price of gold informs the world that central banks are “printing” to excess, governments are creating too much debt, and the financial elite are mismanaging by “skimming” too much from the global economies.  A rising gold price is worrisome to many.

First published here: Silver: Victim of Motive, Means, and Opportunity