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With the recent spike in the price of silver from $27 to $35 per ounce, I wondered when the cartel, led by JP Morgan, would retaliate. It seems that when the Asian markets opened Monday morning, the cartel "sold" (on paper only) over half of the US production of silver in just 5 minutes.
http://www.silverdoctors.com/silver-smashed-to-33-50-on-asian-open/
This dropped the price a dollar per ounce. However, what is more significant is the fact that the market recovered half of its loss within hours, as bargain hunters bought the lower-priced silver.
It looks like JP Morgan is running out of bullets to save their huge load of silver shorts. If buyers absorb what JP Morgan has to sell, then it is the end of the manipulation game for them.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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