The price of silver has been rigged to just a few dollars more than its cost to produce it & if it would only drop below cost it would suit the big USA Bullion Banks, they need a low price for physical silver to clear their silver derivative bets, a high price would send them broke. China would like to see the Bullion Banks go broke, but if that were to happen it would be like shooting themselves in the foot because more than that, they want to acquire as much cheap physical silver they can. This suits everyone else like India, except the silver stackers and exploration company shareholders. It will be easy to notice when silver does go to it's real value, the silver gold ratio will drop from the high 80's rapidly to maybe below 20 & be in the three figure range, $100 being the lowest one of those.
ARD Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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