Gold and Silver Markets: Can Some Sense Be Imposed On These?
We recently talked about imposing sense on markets and the economy. We emphatically distinguished imposing sense from making sense. "When we try to make sense out of the economy and the financial markets, we typically try to analyzed what's actually happening and attempt to provide some explanation that makes some sense..." "... Imposing sense is a different matter. Here we try to discern what should be when it comes to our economy and the financial markets. Put simply the difference is between what is and what should be..." Let's approach the recent dramatic drop and Gold prices with this distinction. First an attempt to make sense: Relying on long-time proven resources, the dramatic drop in gold, and most especially silver prices seems to have been a carefully manipulated event. The likely chief culprits were the big banks who have shorted silver for many years. Now, many others had shorted silver as well, but the big banks were the big ka...
