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Passions and opinions in the silver market always run high. Some market participants believe there is a cabal of institutions and governments that hold the price of the metal down. Recently, a handful of traders received government RICO indictments for spoofing or manipulating the price of silver futures. We will likely see more charges on other individuals in the coming weeks and months.
Silver has been a manipulated metal for thousands of years. The first example of manipulation dates back to around 3000 BC when the first Egyptian pharaoh Menes stated that two and one-half