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View Full Version : Do the Gold-Silver Price Manipulators Collaborate with the PlungeProtectionTeam?


gunDriller
9th June 2010, 04:02 PM
Right now Silver is where it was on Monday afternoon

http://www.kitco.com/images/live/silver.gif

Monday morning it was at $17.40.

So it almost looks like this week is a repeat of last week.

Will we have another stock market tumble (Plunge Protection Team withdraws their support, or goes into sell mode), with the usual dip & cram-down for silver ?

Anyway, I can't help but wonder if JPMorgan coordinates their silver price takedowns in conjunction with the Plunge Protection Team.

If I worked for the JPMorgan silver short team, I would definitely make it a point to get to know some of the PPT guys.

I wonder how the Silver Short team's salaries are determined ? Ordinarily financial sales people get a percentage. I'm sure they are paid salaries but, for example February 2010, when they did the cram-down to $15 for silver - did the JPMorgan short team get bonuses for this work ? How do their managers determine their bonuses ?


My guess is there is collaboration between these 2 groups but I can't say how they signal each other. (the telephone ? 8) )
Serpo
9th June 2010, 04:42 PM
My guess is there is collaboration between these 2 groups but I can't say how they signal each other. (the telephone ? 8) )


My guess is semaphore
Ponce
9th June 2010, 04:49 PM
They all work in consert for their own benefit ......intill.........it gets away from them and all that they can do is to sit at the side line......silver will do it one of this days.

Back in 1980 I saw it go up $1.00 at a time..........it was fun.
gunDriller
9th June 2010, 05:05 PM
They all work in consert for their own benefit ......intill.........it gets away from them and all that they can do is to sit at the side line......silver will do it one of this days.

Back in 1980 I saw it go up $1.00 at a time..........it was fun.


how could you get the price - just from the newspaper ? or a live ticker on some TV station ?

there were no Kitco price charts in those days.

just wondering 8)
Ponce
9th June 2010, 06:49 PM
Well gun we have something called THE RADIO, its been around for a while... all you do is to turned on with a knob and with the second knob go to a certain number in the dial..........and then a little guy will talk to you from inside the magic box :oo-->