Detailed Explanation to a Good Question from "The Golden Truth"

One of the blogs I follow, The Golden Truth, received a comment in the form of a question today.  I thought it should be shared, and I hope Dave does not mind.

The comment:
Dave,
Any thoughts as to why gold and silver have been moving in opposite directions to each other the last couple of days?

Dave's reply:
Good question. Primarily because this is what is known as "roll" week in the futures market. The last day you can hold May silver contracts is tomorrow, unless you fully fund your account for delivery. Since most long positions are speculative funds who have no intention of taking delivery, there is usually heavy selling in the week prior to "first notice" which is this Friday.

Typically the gold/silver manipulators (JPM, HSBC, GS, etc) will try to force the market lower during "roll" week, because they know they have a large amount of natural sellers. In fact, it can be argued that silver is performing much better than usual right now and I think because it seems that a large number of the longs are rolling forward to the next front-month, which is silver. Typically in the past, on a day like today during roll week when you wake up and silver is getting hammered, it just stays down. Silver has been bouncing back all during the last trading week.

The Golden Truth can be accessed at: http://truthingold.blogspot.com/
Go there and read today's post: Physical Gold Buying vs Paper Fraud

In it Dave states "It is becoming more readily apparent to anyone observing and participating in the trading/investing of gold and silver that the physical market is beginning to overwhelm the fraudulent, fractional bullion practices of the Big Wall Street Banks. This is a scandal that ultimately looms much larger than anyone realizes and will take gold and silver to prices that will shock even astute, long-time precious metals market participants."