Silver's price suppression game got temporally busted when the silver shorts got taken for a fast ride higher very near the $50 level and this was just the derivatives market. Physical silver demand has overwhelmed the US Mint's ability to supply Americans with the Silver Eagles so much that minting facilities at the "old granite lady" in San Francisco were called into action just to meet bulging demand. Very little discussion, if any, takes place in the media addressing that some savy Americans and others are jumping ship from their suspect fiat currencies into silver as gold is becoming expensive.

The manipulators last game in town is zeroing in on gold's cheaper proxy in the form of the gold explorers through fraud by selling phantom securities which never get reported to the exchanges as naked shorts and were never issued by any company's transfer agent. Each time one of the explorers releases favorable news the so called shorts just back up the truck and smother investor enthusiasm with their dumping routine. What took place in the silver market by sqeezing the commerical whores is destined to reoccur in the exploration sector as the public slowly awakens and wants their affordable piece of the pie in the form of gold explorers.

Sure the current shareholders in this sector have been whipped by these sociopaths and sure, the regulatory bodies have been influenced to stay asleep but still, I suspect that as a result of the massive organized criminal intent by the inventment banks and the hedge funds to ruin companies that their day of reckoning will be upon them sooner than they think. What they have done amounts to stealing investor's capital, keeping the mining industry depressed where jobs can't be created thus effecting the local health of many economies.

In California alone, the gold mining industry is almost completely out of business aided by the politicians who use excessive environmental regulations to buy votes. There is one company, The Original Sixteen to One Mine, Inc.(Disclosure: I have an equity interest), that refuses to die and will be celebrating its 100th anniversary this summer. The State has been responsible for redirecting company funds from exploration and mining to attorney expenses in its defense of bogus claims by their employees. A big one was, once they brought manslaughter charges against the company, its president and its mine manager in the accidental traggic death of one of our miners. In the end, the State's case didn't hold water and the Company wasted its resources in the courtroom. This is just one horror story that the State created.

Unfortunately for believers of hard money, gold and silver are a political football and in one way or another, we have all been made to suffer. Since today Wall Street and the government are one, we're receiving the double barreled shotgun effect. Not only have they stressed us out concerning our investments but the government has severly effected our lives and the lives of our family in their belief that the economy can remain healthy solely on promises, debt expansion. Currently, their house of cards is wavering and has been so for awhile. Jim Sinclair says the whole thing can fall apart in as few as two weeks. Just make sure you have a comfortable seat if the music stops. I call gold, silver and the mining shares our insurance cushion.

Concerning silver, if trading took place only in a physical market the price would be allowed to find its own true value. Derivatives have been allowed to expand by regulators so much in daily trading that there are from 25 to 500 more derivative ounces in contracts than are being mined each year. This obvious price suppression game will end someday with silver reaching unbelievable dollar amounts.