Silver’s 10.5% Drop Reflects Structural Liquidation, Not Manipulation, Says Former Bullion Bank Executive

(Kitco News) – Silver’s wild 10.5% plunge this week sent prices tumbling to a low just shy of $75 before clawing back some ground, and the move has traders arguing once again over whether this was a case of coordinated pressure or a sign of something deeper shifting in the precious metals rally. Gold wasn’t spared either, dropping nearly $150 in the same session and briefly testing the $4,880 level before bouncing back.