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Jon Nadler Proves Precious Metals Manipulation

Futures market manipulation of metals prices is not only possible, it is documented in many past cases.

In the futures market there is a long for every short. It's a zero sum game. Some people have erroneously written that when someone is short, they have to cover. Not so. Futures traders (I am one of them) can roll over a long or short position indefinitely and this is routine procedure to maintain a position in the market.

Futures market selling can easily overwhelm a small market like silver and the only way that selling to artificially depress prices would fail is if the longs stand for delivery and the shorts don't have it to deliver. At that point there would be a short squeeze until the number of the shorts in the market with product to deliver matched the number of longs who wanted delivery.

In the futures markets, less than one percent of contracts are delivered, which is is so easy to manipulate the market.