By Damon van der Linde
Silver Investing News
“In my heart of hearts I believe it was a manipulation,” said Sprott in an exclusive interview with Silver Investing News. “There was no market, it was a setup. They’ve just pushed it down. It’s ridiculous.”
The recent price correction has largely been attributed to the increased margin requirements from the CME group. Between April 25 and May 5, COMEX increased silver margins to as much as 12 percent – or $21,600 per contract – from 6 percent, before silver tumbled 25 percent. LINK...
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The word on the street is that this summer will not be a quiet one in precious metals. If you haven't started accumulating, we suggest you start NOW! BK
