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How can anyone deny that the price of silver is being manipulated

When every week or so a [i]single order[/i] like this (July 6 at 19:00) will smash the price? This drop was roughly 10% and was so steep that it was declared to be a glitch and trading was frozen for a bit, but I think that's just not true. Glitches like this don't just happen in systems like this that deal with many billions of dollars and are supposed to have so many fail-safes that they're impossible to break.

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Picklebobble2 · 56-60, M
False indicator ??
Info said and taken as fact before truth emerging ?
Invisible · 26-30, M
@Picklebobble2: No, this shift was from a single massive order
Picklebobble2 · 56-60, M
@Invisible: i wonder who placed the order ??
Invisible · 26-30, M
We can only assume it's a big bank. They probably don't even have the silver to cover it -- it's all paper that you can't redeem for any real metal from the comex
Picklebobble2 · 56-60, M
I imagine commodity markets are pretty busy these days.
What with so much uncertainty in the world of share prices and currencies.
Invisible · 26-30, M
Not really, actually. Assets are all very low in value, but real estate and stocks are giving huge returns, so people are generally more interested in them than things that seem to be going nowhere, even though they're in a big fat bubble
Picklebobble2 · 56-60, M
@Invisible: That doesn't sound good. Without the creation of jobs and a rise in incomes there's only one way that will go.