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Re: rumors fly about CFTC silver manipulation investigation
 
Mike1953 Views: 883
Published: 13 y
 
This is a reply to # 1,971,375

Re: rumors fly about CFTC silver manipulation investigation


All these rumors of silver manipulation seem to source from the very ones seeking to sell silver to the retail investor. I agree the price will go much further but these attempts by the 'I want it NOW' crowd also reek of manipulation. Of course silver will go higher as the dollar goes lower but in relative purchasing power I can't see an exponential gain for when the dollar collapses what is the gain in selling silver at 100 or 500 dollars an ounce in exchange for dollars headed to zero? I see silver as a store of value not as a 10 bagger trade.
Follow the money in the X over spot entry fee to purchase, there is considerable profit to be made from the churn. I would encourage anyone who is awake to continue exchanging excess dollars for silver but not to get caught up in the delusion of it being a lottery only to be a victim of churn by selling out as soon as the market turns against them.
It's not a game, it's survival.
 

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