A Closer Look At This Week's Intervention In the Metals Markets

Here is a somewhat lengthy video but is quite good.

It goes into a long discussion of bullion bank activity and leasing.

I think that the silver shorts are still staring into the abyss and are quite concerned about their precarious market positions.

But it could have been something more 'official.'

The recent rigging of the LIBOR market is not a bad model for the carry on effect of this