Thursday, June 2, 2011

Silver Prices Get Hammered Lower As Comex Silver Inventories Hit All Time Lows

In the most heavily manipulated market of all, silver going down in price as inventories dry up and investors gobble the white metal up, expect this to happen as the paper pushers punish paper silver prices and exacerbate the silver shortage even more.

Remember, price controls never work.  This is a form of price control.  The artificially low price allows more silver to be purchased by the public and industrial users.  This leads to less and less available silver to purchase and eventual shortages.

Take a look at the decline in available silver inventories at the Comex or better known as the Crimex.