25 Aug 2012

Silver Manipulation Chart

So you don’t believe the silver market is being manipulated by JP Morgan? How do you explain this chart? In what non-manipulated world does demand exceed supply by 37% and the price of the product stays flat?

“Silver demand/production faces an annual shortfall of some 8,678 tonnes in 2011. On a silver ounces basis this translates into a deficit of 115 million ounces.”

– David Chapman

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