What determines Price? According to Adam Smith, it is the "invisible hand" of the marketplace. Price is where Supply meets Demand. So what happens when you manipulate Supply or Demand? You control the Price. It really is that simple. The fact of the matte is, that we will shortly witness the "Great Disappearing Silver" caper of 2010.
This will shortly occur when 100% of the silver that only exists on paper disappears from the marketplace. Yes, the Banksters have once more proven that fractional reserve lending has more than one useful application. It is always in their best interest to suppress metals prices as long as we continue to use their worthless paper as currency.
"Nelson Bunker Hunt and Herbert Hunt, the sons of Texas oil billionaire Haroldson Lafayette Hunt, Jr., had for some time been attempting to corner the market in silver. In 1979, the price of silver jumped from $6/oz to an all-time record high of $48.70/oz. The brothers were estimated to hold one third of the entire world supply of silver (other than that held by governments). The situation for other prospective purchasers of silver was so dire that the jeweller Tiffanys took out a full page ad in the New York Times, condemning the Hunt Brothers and stating We think it is unconscionable for anyone to hoard several billion, yes billion, dollars worth of silver and thus drive the price up so high that others must pay artificially high prices for articles made of silver. (more)
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