Recent developments that put the boyz under pressure:
The boyz need some physical at the margin to hold onto the last tread of credibility in the crimex. Mine production has been in a steady decline for five years. In addition the historic mass stores of bullion are being distributed to “trusted” locations and the ability to borrow, swap, or lease is shrinking. Soon the ETF’s may have to suffer audits demanded by share holders. New pm ETFs are in the pipeline that will be managed by trustworthy organizations.
The physical market is getting tighter each day. There is increased pressure to audit the fed. There is the threat of CFTC imposed position limits. Politicians are power hungary cowards and they want to be reelected. They now have a small incentive to “do the right thing”.
The sheeple are waking up. they are going to non-mainstream media for their information in greater numbers. This is resulting in new behavior best demonstrated by the Tea Party movement. The politicians are crooked cowards that will desperately cling to their seats in DC. They may actually support passing lgislation for position limits and fed audits, but temporarily enforce compliance.