I dont believe their will be a rally tonight.
The purpose of these smash downs is to put fear into investors to keep them away.
I wonder how many hundreds of millions of ounces of paper silver JP morgan and HSBC printed to smash it down this time.
Last year in May when it peaked just under USD$50 it was smashed down with over 1 Billion ounces of paper silver sold.
Anyone who has done their research knows that volume is not even physically available.
This class action lawsuit against JP morgan will do nothing either as they will settle out of court, pay the fine and compensation as they make more money shorting the market.
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