Unfortunately this is simply the bear grinding out the bullish element to incentivise the move of assets away from weaker individuals and over into the “right hands”.
After the property is owned by “the right pockets” it will rise in price.

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Could an Illinois Bankruptcy be the Catalyst for CONTAGION & the Complete Loss of Faith in Paper Currencies?

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50 MILLION Ounces of Silver Was Just Dumped on the Market in One Minute.
Who Was Behind This Silver Dump?
Derivatives Expert Rob Kirby Reveals the Culprit: 

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Is A German Defection to Russia About to Drill the FINAL NAIL into the USDollar Coffin?

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Gold & Silver Analyst Craig Hemke Joins Us to Break Down the Action in the Gold & Silver Markets & Andrew Maguire’s Big Prediction:

Is the Paper Gold Derivatives Game About to COLLAPSE?

Silver futures prices on the COMEX futures trading platform briefly plummeted at approximately 7:06am Singapore time Friday, with the price for the front month (most active) September silver contract falling from a US $16.06 quote down to a low of US$14.34 all within  a 1 minute interval.

In 2008, Gold & Silver Initially Puked Along With the Market Before Skyrocketing to $50 and $1900. 
How Will the Metals Perform During the REAL Financial Crisis On the Horizon?

For those who continue to be frustrated by the low precious metals price, silver is down another 20 cents as I write this article, take a GOOD LOOK at the charts in this article.  The market WARNING LIGHTS are no longer working, so when the CRASH happens, it will be a complete surprise.