patrick.net

Silver price can and have been manipulated in the past but gold is another story its pretty much a currency onto itself. Both going up this fast isnt a manipulation its currency depreciation but of the flip side at least all currencies seem to be going the same direction to gold.

Gold is going up because there are too many central banks buying way too much bullion for the Fed and its conspirators in the commodities markets to counter, especially when the Fed also has to buy trillions in bad loans for QE infinity; i.e., they've run out of pilots for the helicopters.

Silver closes above $90 for the long holiday weekend.



It's exciting to see what will happen Tuesday morning; the curse of living in interesting times.

Has silver found its new level? It's no longer a monetary metal and its main uses are industrial and investment. Has silver become so essential and precious that one ounce is worth more than a barrel of oil?

What is the price of a barrel of oil today?
WTI Crude 61.19 +2.84%
Brent Crude 65.57 +2.66%
Murban Crude 65.31 +2.24%