>>24131321 lb

Dudes full of shit……

The lost a B-52 that crashed and sent two more B-52's to 'rescue'? Niggah please. Looks like somebody put a bowl on his head and cut his hair too.

Has silver found it's "new normal"?

Just pulling an idea out of my ass here. The new Basel III requirements went into effect on Monday I believe. These essentially spell out that banks must be their own safety net because da goobermint ain't bailing their sorry asses out anymoar.

Banks must now maintain a certain level of ready capital to cover their obligations. Word is that JPM alone has 175 million ounces of silver. JPM is also one of the primary metals market manipulators suppressing prices.

My theory is that all JPM and friends had to do to raise/obtain this capital was to let metals rise in price to a level that covers the Basel III requirements.

If I'm right (along shot) then the ~$90/oz level will be the new floor and raising the capital cost them nothing.