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To: rayrohn who wrote (8131)8/5/2008 10:25:36 PM
From: jaker  Read Replies (1) | Respond to of 41547
 
Gold and Silver miners so manipulated... So much crap they pull, I can not keep up. If one thinks long term they will go up, just hold your nose on the dips.

Lease Rates. The miners dig it out of the ground, they can either sell it on the spot market. But often it is more profitable to lease it and try and catch the futures spread.
To Central Banks, Institutions or Hedge Funds.

Maybe the rate is not going their way... Hell, they just short their own stock... Geez what a racket, I believe this is why we see the violent swings in the metals market,... run by rackeeters... As with other schemes it will work until it won't.