Why did silver drop today may 11 2011

why is silver prices down may 11 2011 : , the silver price quotations have dropped from nearly 50 to 34 dollars per ounce over a week and a half. This is the steepest silver drop since 1983. And investors should adopt a more careful attitude towards silver now, Iosif Diskin says in conclusion:

"Speculators who tasted this, have lost 40 per cent over the past weeks. Silver is not very liquid, you know. There’re several cases in the history of finances, when speculators made an attempt to create a monopoly and inflate silver prices. Their attempt ended in failure twice. Therefore, all those who are ready to take the risk and many others who have invested in silver, of course, have reaped great benefits, while all those who got involved later lost all their money. Therefore, silver is a pseudo-stable asset and an object for impudent speculators rather than anything else ... and well can read Gold Silver Prices today may 11 2011...

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