Note from Jim: Re: Kitco Report of $23 Silver This Morning.
I don't buy that it was a Kitco glitch.
That kind of glitch still allows trading. Values like that trigger sales. The sales cannot be backed out; someone is on the hook for losses, even if it is Kitco.
Did someone do this to bankrupt Kitco? Did someone do this to expose the market manipulations?
Did someone do this to defraud other buyers/sellers and run off with the profits?
Only time will tell.