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by Michael Noonan, Edge Trader Plus:
The fundamentals for gold and silver worsen with each passing week, it seems, yet the price for gold and silver still languish in down trends. If everything is as precarious as is depicted in so many other articles citing how PMs are in dire straights, for the same deteriorating reasons presented with pinpoint numbers, as in reduced stocks of deliverable metals, increased transfers from West to East, why are gold and silver still near recent lows for the past two years?
No one has offered answers to such a glaring fundamental discrepancy of excessively low supply, exceptionally strong demand and totally manipulated price.