Silver Price Manipulation JP Morgan -v- Bunker Hunt Australia’s leading television broadcaster has compared JP Morgan as silver price manipulators similar to Bunker Hunt in the late 1970’s, with one major difference. JP Morgan has a concentrated short position to drive the silver price lower.

Bullionmark CEO, Mark van der Sluys, who was interviewed by the Lateline Business program believes the silver price is manipulated lower to maintain confidence in paper currency in particular the US dollar. “It is well understood that interest rate markets are manipulated through Quantitative Easing and currencies are managed through market interventions, so why is it such a shock that large investment banks are managing silver prices lower to support broader central bank and government policy?”

When asked about the recent sell off in the silver price, van der Sluys suggests “that the silver fundamentals remain strong and precious metals are the ultimate hedge against Government and Central bank incompetence. Gold and Silver should be part of every investment portfolio.”

This entry was posted in Conspiracies, Money and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s