View Full Version : Silver short Squeeze could be imminent

Pat Pat
3rd April 2010, 11:11 AM
Silver Short Squeeze Could Be Imminent

On December 11th, 2009 NIA declared silver the best investment for the next decade. In our December 11th article, we said that it wasn't a coincidence that the very day Bear Stearns failed was the same day silver reached its multi-decade high of over $21 per ounce. We went on to say, "The reason why we believe the Federal Reserve was so eager to orchestrate a bailout of Bear Stearns, is because Bear Stearns was on the verge of being forced to cover their silver short position."

JP Morgan took over the concentrated short position in silver from Bear Stearns and gained complete control over the paper price of silver. Within weeks, JP Morgan was able to manipulate the price of silver down to below $9 per ounce. NIA believes they were able to drive the price of silver down through "naked short selling", selling paper silver that is unbacked by physical silver.

On February 5th, we witnessed another sharp decline in silver prices, which NIA described on February 7th as being "just a temporary wash out, before a huge surge in silver prices later in 2010". Since then, silver prices have rebounded by 18%. The temporary wash out that occurred on February 5th was predicted by independent metals trader Andrew Maguire, who came out this week exposing the fraud that is taking place in the paper silver market.

On February 3rd, Andrew Maguire wrote Eliud Ramirez, a senior investigator for the CFTC's Enforcement Division, giving him the "heads up" for a "manipulative event" signaled for February 5th. He warned the CFTC that JP Morgan was about to manipulate down the price of silver after the release of non-farm payroll data on February 5th. Andrew said that the takedown would happen regardless of if employment was better or worse than expected and the price of silver would be flushed to below $15 per ounce. During the next couple of days, silver was crushed from $16.17 per ounce down to a low of $14.62 per ounce.

Despite all of the evidence given by Andrew Maguire to the CFTC of gold and silver manipulation, Andrew wasn't allowed to speak at last week's CFTC hearing on limiting gold and silver positions held by banks like JP Morgan. Bill Murphy of the Gold Anti-Trust Action Committee (GATA) was allowed to speak (within a five-minute time constraint) and present some of Andrew Maguire's evidence, but right when his presentation began there was a technical failure of the live television broadcast, which was mysteriously fixed as soon as he was done speaking. Bill Murphy was scheduled for several mainstream media television interviews after the CFTC hearings, but they were all abruptly cancelled at once.

A couple of days after the CFTC meeting, Andrew Maguire and his wife were involved in a bizarre hit-and-run car accident in London where a second car coming out of a side street struck their vehicle, which resulted in a police chase using helicopters and patrol cars before the suspect was nabbed. Andrew and his wife were released from the hospital with minor injuries. (NIA does not believe in conspiracy theories but when you consider that this is a potential multi-trillion dollar fraud that could bring down the world's financial system, it really makes you think.)

The silver market provides a window into what is happening in the gold market. Because the silver market is very small and its short position is so concentrated, its price is easier to manipulate than gold, but the same manipulation is taking place in gold on a much larger but less noticeable scale. In our opinion, the CFTC is under pressure not to do anything about the manipulation because the lower gold and silver prices are, the stronger the U.S. dollar appears to be. If we saw an explosion to the upside in gold and silver prices, it would result in a complete loss of confidence in the U.S. dollar.

NIA believes the precious metals markets are currently being artificially suppressed by paper gold and silver that doesn't physically exist. At last week's CFTC hearings, Jeffrey Christian of the CPM Group admitted that banks have leveraged their physical bullion by 100 to 1. This means for every 100 ounces of paper gold/silver that trade, there could be as little as 1 ounce of physical gold/silver in the vaults backing it. However, Mr. Christian sees no problem with this because he says "it has been persistently that way for decades" and there are "any number of mechanisms allowing for cash settlements".

What Mr. Christian fails to realize is, most investors around the world holding paper gold/silver believe they own physical gold/silver. There will come a time when these investors don't want cash settlements in U.S. dollars, but they will want the physical precious metals themselves. When investors around the globe eventually call for physical delivery of their precious metals, NIA believes it will result in the biggest short squeeze in the history of all commodities.

The physical silver market is now more tight than ever before. In the first quarter of 2010, the U.S. mint sold 9,023,500 American Silver Eagles, the most since the coin debuted in 1986 and up from 8,299,000 sold in the fourth quarter of 2009. All U.S. silver mines combined are currently producing only 40 million ounces of silver annually. This means the U.S. needs to use almost all of its silver production just to keep up with the demand for American Silver Eagle coins.

Silver closed this week at a 10-week high of $17.89 per ounce and a major short squeeze to the upside could be imminent. With the spotlight now on JP Morgan, NIA believes they will be less likely to naked short silver at these levels and manipulate the price down like in February. With the mainstream media blackout, it is important for NIA members to work harder than ever to spread the word and help expose what could be the largest fraud in the history of the world.

Please spread the word about NIA and have your friends and family subscribe for free at: http://inflation.us

4th April 2010, 06:45 AM

4th April 2010, 06:50 AM
Full Andrew Maguire interview on King World News:


GATA round table on King World News:


4th April 2010, 11:18 PM
would love to see 45:1. :o

5th April 2010, 04:39 PM
After the Dec. 11th NIA article there were a number of negative comments about them on the old site along the lines of:

From Google Archives at ociation+goldismoney.info&cd=1&hl=en&ct=clnk&gl=us

By Wildcard:
Not that the info isn't good, but bear in mind NIA is that site george4title works for and is ran by that scam artist *(jonathan lebed). He probably steals his info at sites like GIM and then just throws it in a blender and spits it back out. Yay, ad revenue.

By Madcow:
Agreed. The 'National Infl. Assoc.' is just a website of an unemployed realtor who spends his time pumping out youtube shock videos from information collected from any source. He'll latch on to any subject that is breaking news or popular. It's all about the Google ad revenue. The loser even flaunts his checks on his videos and in the next video asks people to donate money to another scam artist, manoftruth, who has now on GIM posting his videos about buckets of wheat. I'm quite sick of it. Looking at this top ten list I think I could have created that too after listening to 1/2 hour each of Peter Schiff and Gerald Celente.

By ishkabibble:
Jonathan Lebed has been gathering people around him in what appears to be a shielding attempt from another scam. George4title is one of these people. Jon was the original owner of inflation.us, which was later transferred to George4title, and has since been transferred again.

I just stumbled upon a possible pump and dump scheme

for the people who are fascinated about the hyperinflation issue cause they watched Peter Schiff or Marc Faber on youtube, you would probably notice that this website is commonly spammed in the comments section of their videos.

The site is owned by a youtube user named George4title (aka. G4T) and the videos he posted in his old youtube channel involved him going around in California, filming certain areas and basically just showing how bad the economy is over there. His account was eventually deleted and the last video he posted was this:

Grocery Store accepts silver

Now, let's talk about another guy named Jonathan Lebed. He was involved in pumping and dumping and was caught by the SEC at age 16. More info here So what does Jonathan and George4title have in common?

someone on youtube did some investigating

after this video was posted, George4title posted a response and admitted that Jonathan was his sponsor

More comments about George4title:

George said that Peter Schiff tried to file a lawsuit against him but it turned out it was false. But George asked people to donate to him to pay off legal fees.

More comments from the same guy about George4title's scams:
http://www.youtube.com/watch?v=kxWYCXrfqqU (start at 3:47)

so what's George doing now?
He's back!

I signed up to this channel 1 month ago and I've watched his videos and it seems he really oversenationalizes a lot of things. Hyperinflation may happen but it's just the way he presents the issues in the videos seems oversensationalized. oh yeah, he also created a 3 part documentary on hyperinflation called "Hyperinflation Nation," which is pretty entertaining.

"The National Inflation Association was founded by a YouTube character named George4Title , and his partner Jonathan Lebed. Jonathan Lebed: Stock Manipulator, S.E.C. Nemesis -- and 15"


6th April 2010, 07:25 PM
Personally, I hope the charade continues for a long time. I got a lot of buying to do. 10-15 years might be nice.