Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jiggyboy

Reports are trickling in the the Justice Department is looking into possible criminal activity and price fixing in the silver market by the large bullion banks...


25 posted on 05/03/2010 5:55:21 AM PDT by djf
[ Post Reply | Private Reply | To 23 | View Replies ]


To: djf

I saw an article at zerohedge on that, but decided not to post it. They’ve jumped the gun a couple of times on other things, and even the “money” DoJ quote there was IMO little more than “we’ll get back to you” boilerplate.

And even if they do get serious, I have no doubt whatsoever that we would first see another 40% drop in silver a la summer 2008 as a deliberate and coordinated effort with JPM et al to close out their short positions.


26 posted on 05/03/2010 7:46:24 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
[ Post Reply | Private Reply | To 25 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson