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View Full Version : Is the Jig up on silver manipulation?



Steal
11th July 2010, 08:28 AM
anyone else hear anything on any of this??

Now, I was under the belief that the metals are setting up for a nice pullback, more so silver. This was confirmed (by me) on checking out nucleo , see link, opened to silver bullion bid/ask page. This is the open market, what buyers are willing to pay and sellers willing to sell for. If you look at silver eagles, philharmonics and maples, price was just dropped alot and in large quantities, 500-1000+.

nucleo (https://www.bulliondirect.com/nucleo/showProducts.do?cat=Silver_Bullion&category=1)

http://www.youtube.com/watch?v=Iy-iY8zl9Go&playnext_from=TL&videos=IcgRjGvh3sU&feature=sub

http://www.youtube.com/watch?v=woAZEYuy8Bo

97guns
11th July 2010, 09:37 AM
thanks for the links

gunDriller
11th July 2010, 09:52 AM
i don't think the jig is up, i think they're going to keep manipulating.

the CFTC hearings were March 25, we're over 3 months later & from listening to Ted Butler, Jim Turk, Harvey Organ, etc. - and from watching the market - i could swear they're manipulating as much as ever.

it is sort of a gift to buyers of physical, if they can get physical.

i have the impression that the manipulators have very deep pockets ... they are manipulating the stock market up, and PM prices down.

i don't understand the entire situation, i can't read the price charts like Ted Butler.

i expect eventually that physical shortfalls will cause a default, e.g. by JP Morgan or HSBC, & they will get a bail-out ... and offer cash settlements to investors ... and keep pretending.

Carbon
11th July 2010, 10:00 AM
Let 'em manipulate - I'll keep buying physical.

Sooner or later, they won't be able to keep up with physical supply and demand and the gig will be up. It might take awhile - but PM value to FRN's will then increase dramatically... if you can find anything outside of plate.

Or, the d0llar will just fall thru the floorboards, causing the same effect.

TLM
22nd July 2010, 11:27 AM
Apparently it was signed into law yesterday, July 21st, that the CFTC Commissioner must come up
with proposed position limits on traded commodities.
http://www.investmentrarities.com/ted_butler_comentary07-21-10.shtml

I read somwhere else that it is supposed to be done by the end of the year.
The question is, will the position limits for silver be more favorable to JP Morgan or the holders
of real sliver?

Peace
TLM

gunDriller
22nd July 2010, 01:47 PM
yes, i think the jig is up - slightly - when the position limits go into effect.

but the market manipulators can always bribe the British government, and take their market manipulation to the LBMA. or to Hong Kong.


silver touched $17.50 this week, and $17.30 a few weeks ago.

back in February, $15.00 was the floor. i'm wondering if $17 is the floor now, or if the manipulators will make one last run for $16.


i think at some point, traders will pile on on the LONG side, because there's money to be made, even if it's against the wishes of the issuers of the fiat currencies.

i wonder how many NY & London metal traders actually convert some of the fiat currency they make into physical metal ?

i would think they would, they know what a scam it is - how could they have faith in the fiat currency ?