I think it's a hybrid. Some of this is genuine reaction to the chaos in the commodities markets as a whole due to the war in Iran and the Fed announcement causing the dollar to strengthen. Overall, most of the banks typically short silver and manipulate the market to make quick money with impunity, so I'm sure they have a hand in it also.

I think this is a temporary correction and we're going to see it go back up, but only if a floor forms around $65. If it drops below that, we could see it drop further as more contracts holders are forced to liquidate.

!BBH
!PIZZA
!ALIVE