Hi, Manipulation of PM prices is IMHO done to create the illusion that paper (fiat) currencies actually have value. The ONLY thing that gives the Aussie dollar value, is that our government will accept it in payment of taxes! If they stop taking it, would you still accept it? Le Metropole Cafe is a GATA website that covers PM price manipulation. King World News, and Silverdoctors are excellent resources too. Voltaire stated "All fiat currencies eventually find their intrinsic value, which is zero". He has been right about 3000 times already, and providing you allow a 50 year window for a fiat currency to fail, he has not been found wrong yet. Our current world wide experiment with all the world currencies being fiat currencies started when Nixon closed the gold window in the early 1970's. Now we are in the midst of currency wars, so things are IMHO unfolding as Voltaire predicted. AYN being a silver producer, are IMHO a Real Money Factory! Gold and silver are IMHO real money, and paper and plastic merely fiat currencies. DYOR K
AYN Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held