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<blockquote data-quote="SNAKE PLISSKEN" data-source="post: 4191321" data-attributes="member: 42582"><p>Unfortunately silver isn't worth enough yet to offset the cost of recycling for most applications. As far as precious metals being manipulated on Wall Street we only need to look at the last 2 times silver went up to $50 per ounce. Both events were created by a few greedy men putting a squeeze on the old supply and demand price by short selling. This practice is common for precious metals and artificially keeps prices low, so they can stockpile until the price finally breaks through the squeeze.</p></blockquote><p></p>
[QUOTE="SNAKE PLISSKEN, post: 4191321, member: 42582"] Unfortunately silver isn't worth enough yet to offset the cost of recycling for most applications. As far as precious metals being manipulated on Wall Street we only need to look at the last 2 times silver went up to $50 per ounce. Both events were created by a few greedy men putting a squeeze on the old supply and demand price by short selling. This practice is common for precious metals and artificially keeps prices low, so they can stockpile until the price finally breaks through the squeeze. [/QUOTE]
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