{"id":9969169845,"date":"2011-09-08T17:37:57","date_gmt":"2011-09-08T21:37:57","guid":{"rendered":"http:\/\/blog.lonestarbullion.com\/post\/9969169845"},"modified":"2018-03-15T04:49:43","modified_gmt":"2018-03-15T04:49:43","slug":"does-the-government-manipulate-silver-prices","status":"publish","type":"post","link":"http:\/\/lonestarbullion.com\/blog\/2011\/09\/does-the-government-manipulate-silver-prices\/","title":{"rendered":"Does the Government Manipulate Silver Prices?"},"content":{"rendered":"

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 One of the natural questions that is so commonly asked by investors is \u201cIf silver is such an incredible investment and $100 silver is a no brainer, than why have the prices stayed so low for so long?\u201d\u00a0 <\/span>This is an important question to answer.\u00a0 <\/span>From 1980 to 2007, silver prices traded between $3.50 and $8 an ounce. \u00a0<\/span>There were a few spikes that lasted a couple of months that pushed silver to $11 or so, but no consistent runs.\u00a0 <\/span>So why has silver stayed so low?<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>In 1980, the US held the largest stockpile of silver in world history, over 3.5 Billion ounces!\u00a0 <\/span>At that point in time, there were numerous other governments who held large stockpiles as well.\u00a0 <\/span>However, from 1980 to 2007, both the US government and almost every other major nation in the world sold off their large stockpiles of silver.\u00a0 <\/span>The United States sold so much that in 2007 they only had 20 million ounces of silver left and in 2010 that amount was down to less than 7 million ounces!\u00a0 <\/span>Additionally, private investors net sold 1.7 Billion ounces during that same period.\u00a0 <\/span>This means during this 27-year period somewhere between 5.5 Billion to 10 Billion ounces of silver were dumped on the market!\u00a0 <\/span>Simply based on the law of supply and demand the only natural response was suppressed silver prices for decades.<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>One natural question that arises is \u201cIf 5.5 Billion to 10 Billion ounces of silver were sold from 1980-2007 than who were the buyers?\u201d\u00a0 <\/span>This question only accentuates the interesting nature of the silver market.\u00a0 <\/span>The buyers of the silver were industrial manufacturers.\u00a0 <\/span>At the same time the US and other major governments started their mass sell off of silver, the technology age began its major run.\u00a0 <\/span>An absolutely massive amount of silver was required every year just to meet the industrial demand required for electronics and other equipment.\u00a0 <\/span>Consequently, it was industrial usage that consumed the massive amount of silver that was sold between 1980 and 2007.\u00a0 <\/span>So in 2007, when the massive sell off ceased the demand for silver continued to increase both industrially and from an investment perspective.<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>In 2007, most of the major governments around the world had exhausted their massive silver stockpiles and that stage of market manipulation came to an end.\u00a0 <\/span>Was there additional manipulation and are there any other ways the US government or other agencies can manipulate the price?\u00a0 <\/span>All of these questions are excellent and will be answered in 2nd<\/sup> part of this series.<\/p>\n

Josh Renfro<\/p>\n

President & Founder<\/p>\n

Lone Star Bullion LLC<\/p>\n

First released at www.livesilverprices.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 One of the natural questions that is so commonly asked by investors is \u201cIf silver is such an incredible investment and $100 silver is a no brainer, than why have the prices stayed so low … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105,117,111],"tags":[30,31,28,29,60,217,6,4,58,115],"class_list":["post-9969169845","post","type-post","status-publish","format-standard","hentry","category-invest-in-silver","category-investing-questions-and-answers","category-investing-reports","tag-gold-and-silver-bullion-in-houston","tag-gold-and-silver-bullion-in-san-antonio","tag-gold-and-silver-in-houston","tag-gold-and-silver-in-san-antonio","tag-governments-greatest-kept-secret","tag-invest-in-silver","tag-lone-star-bullion","tag-silver","tag-silver-manipulation","tag-silver-prices"],"_links":{"self":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts\/9969169845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/comments?post=9969169845"}],"version-history":[{"count":8,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts\/9969169845\/revisions"}],"predecessor-version":[{"id":13838258052,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts\/9969169845\/revisions\/13838258052"}],"wp:attachment":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/media?parent=9969169845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/categories?post=9969169845"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/tags?post=9969169845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}