Gold futures also followed suit tonight, August 1, 2017 (see also Kitco.com for another chart on this price crash).
This would normally be shrugged off as just another example of the utter farce that global capital markets have become. However, a glance back in recent history at the silver market’s most recent chaos moment – on July 6th – and a ‘funny’ thing stood out!!! This from zero-hedge (Tyler Durden).
Gold also followed suit that night too…
At exactly 1906 ET on July 6th, Silver futures flash crashed again.
And it even looks like the machines tried to front-run each other a little into the 1906ET mini-flash-crash.
So, we ask again, what is it about 1906ET that sends the algos in overdrive? Or is it all just coincidence? Probably nothing, right?
Conclusion: Why invest in any mining companies when the leaders of this industry refuse to do anything to correct this injustice within our markets? This manipulation of silver/gold prices has now been obvious to me for over six years. I have written multiple missives on this issue. Yet I find that very few miners seem to desire to understand why their projects get so little following. Could it be that they do not care about how the system operates? Why the complacency? Why the lack of complaint? Does anyone understand why our miners do not act to try correct this problem? I am: