One of the world’s largest silver miners describes why he wrote an open letter to the CFTC. To date there has been no response. Here is the interview out today explaining why an extraordinary situation has become common practice.
https://www.youtube.com/watch?v=RfA84Drx004
Here is a copy of the letter.
http://www.firstmajestic.com/i/pdf/3259_001.pdf
Here is the latest data showing that the top silver miners continue to lose money at current prices. This seems to have become a permanent condition, which presents a major problem for silver miners.