Don't forget it can be manipulated to the upside too, once those in control decide that's where they intend to make profit. Dollar strength is less important under the Trump regime so we could see a multi-year fall in the dollar from here forward resulting in manipulation of metals to the upside. Once the short covering starts hold on to your hat!
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But if that happens, we will not need Manipulation to the Up Side! Unless you consider "letting the free market" do what it does "manipulation" by the absence of downward pressure. It has been driven down for so long that all they need to do is "cease and desist" and prices will skyrocket!
usdebtclock.org indicates that PM prices will be extreme, if we just normalize prices to the available dollars, last I checked Silver would be $730/ozT for example.
Also, note that GSR ;) Lots closer than 15:1 :D
Absolutely they can move it both ways. I just only see examples of downwards manipulation lately.