As Billionaire Eric Sprott points out in this MUST WATCH interview with SGT Reportthe reason behind the down-move is actually the opposite of what you may think:

13 Days In A Row: Eric Sprott Breaks Down the “Salami Slicing” of Silver by the Shorts, and Explains that “This Has Never Happened Before”: 

In A Critical Update, Eric Sprott Dissects This Week’s Mauling of Silver:
What They’re Really After is Silver.  The HUGE Short Position in Silver, if it Ever Got Out of Control, Every Dollar Up is $1 BILLION in Losses. They’re Trying to Get it Under Control, But They Can’t Get the Longs to Capitulate! 

“I Feel Pretty Good”
While He’s “Not A Trader”, Eric Sprott Reveals He Is Optimistic For Where Gold and Silver Prices Are Headed This Summer: 

Early Stages of a Short Squeeze?
With Options Expiry Over, the Naked Shorts Have Released Gold and Silver to ROAR HIGHER:

SprottEric Sprott Has Good News For Silver Bugs:
It Looks Like 2016 All Over Again – It’s A Great Time To Be In the Game!
The Billionaire Explains Silver Just Did Something That “Shocked” Him:

SprottEric Sprott Analyzes Trump’s Trade War With Mexico (and likely China Next):
It’s scary to be honest…You could see Russia, China, even the EU stop buying US bonds… ”
How Will This Affect Gold and Silver? 

SprottBillionaire Eric Sprott Breaks Down Today’s Historic Inauguration of Donald Trump, & the Impact Trump Will Have on Gold and Silver Prices.
If Trump Believes the Dollar is Overvalued, He’s Going to Do Something About It.  That’s Incredibly Bullish For Gold!…”

SprottAre BIG Bull Moves in Gold and Silver Prices Just Getting Started?
Billionaire Eric Sprott Discusses His Outlook, Explains Why “Everyone’s A Seller of Bonds”, and Reveals What’s Next For Precious Metals: