How much Higher can Silver Prices Go?
ZeroHedge.com questions the incredible run in silver prices and the possibility that we may have peaked. Food for thought, the iShares Silver Trust (ETF) (NYSE:SLV) has increased 104% in the past 12 months.
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(Tyler Durden | ZeroHedge.com) Now that silver continues hitting nominal high after high (except of course for the record price hit during the Hunt Bros period), and there is a very distinct possibility we may see an unprecedented melt up in the price of silver to over triple digits for a variety of previously discussed factors, here is a post we produced a year earlier, courtesy of a "deep insider" which dissects with exquisite detail the nuances of silver market manipulation, which in retrospect may have been just a little early.
Considering that every single trope mentioned is now in play (even the unmasking of Buffett's unbelievable PM bashing hypocrisy when he himself was one of the people who utilized blatant silver market manipulation for his own purposes when it suited him back in 1997 to send silver soaring), we believe readers should re-read this post in its entirety as it presents a walk-thru for the mechanics, and strategy, of the ongoing unprecedented move higher in the shiny metal.
From A Deep Insider's Walkthru To Silver Market Manipulation, posted originally in April 2010, when silver was lower.... way lower. Continue>>
SOURCE: http://www.zerohedge.com/article/deep-walkthru-silver-manipulation-redux
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