I smell a whole lot of BS in this story. The reason gold and silver tanked yesterday is because the big banks went short silver several months ago and as the price rises they are having to cope with the margin calls on thousands of contracts. That is billions of dollars the banks are having to pony up for being short silver.

My heart bleeds for their forecasting of markets., NOT! They were very cognizant of what could happen IF the price of silver were to spike. They intentionally drove the down to make money on their short positions but somehow Joe Public began holding their silver stash and that put pressure on the COMEX to begin releasing their silver reserves to cover long contracts that were due. Which in turn began a shortage of silver which then pushed the price up. Big banks got caught holding short positions and now they are panicking because they are running out of money due to the margin calls.

That and China has stopped shipping silver out of country. Yea, you can send it there to be processed, but you cannot get it out because of this new law.

I now believe this BS story about making fake gold and silver is just another scare tactic to force mom and pop silver holders to begin selling their holdings, now, before the price drops to a few dollars. The story is simple market manipulation.