Feb 15th 2013 7:00pm
Indirectly, the price of silver has become a central banking question. Proof of direct intervention is unnecessary. The overwhelming concentration of net shorts on the Comex, whether hedged or not, constitutes the basic violation of the fair market pricing mechanism. The challenge for the next generation of silver traders will involve not only understanding and embracing the concept of purchasing power, but in rediscovering an appreciation of the true value of monetary commodities like silver as investors come to terms with producing a meaningful return on investment in a persistently inflationary financial environment.