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Major Gold And Silver Price Suppression Now A Weekly Occurrence. So What?

By Patrick A. Heller
Commentary on Precious Metals Prepared for CoinWeek.com

Over the past four weeks, the prices of gold and silver have experienced a major decline once each week.  Last week, the suppression occurred on Friday, April 13 during the last 15 minutes of COMEX trading, between 1:15 and 1:30.

How is it possible to identify this event as a manipulation rather than just the actions of a free market?  Unfortunately, that is becoming quite easy to detect.  Significant price moves resulting from market developments rarely occur in a vacuum.  If investors were worried about falling demand for commodities, you would see price declines in a number of industrial metals as well as precious metals.  If investors perceive a greater likelihood of another round of quantitative easing, the value of the dollar would tend to drop as US stock markets rise with gold and silver prices.

Last Friday, there was no particular news that should have led to a major impact on gold and silver

Article source: http://www.coinweek.com/commentary/opinion/major-gold-and-silver-price-suppression-now-a-weekly-occurrence-so-what/

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