Silver Manipulation

October 19, 2011 at 14:32


Silver analyst Ted Butler provided compelling evidence of silver price supression by JP Morgan and big US banks through his analysis of the recent trading data released by the Comex.


…. We know now that concentration is the prime requisite for manipulation. To witness the most concentrated participant suddenly increase its silver short position by more than 30% is something almost beyond comprehension.


The fact that JPMorgan was the sole seller is the clearest proof possible that silver has been manipulated.


Silver Backwardation Chart

Silver Backwardation Chart. Click to enlarge