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Ponce
5th June 2011, 10:43 AM
Silver Price Manipulation and the Coming Silver Shortage.

I am posting this video I made in Feb., 2008 to give my readers a chance to view my previous financial predictions. Sure, I was a little heavier back then (the result of a Mormon Illuminati induced car accident), but I think that even a blind man can see that I was 100% accurate in my financial forecasting.


I project that by the end of this year the dollar will be worthless, food shortages will escalate, and riots/gangs will take over our inner cities. You need to liquidate your dollar based assets now and purchase hard commodities like silver, food, temporary shelter, seeds and other supplies you will need when the grid comes down.


Don't be a sheep. They get eaten by the wolves.


Gold will be confiscated. Silver can't be confiscated because it has too many other uses. The Satanic Psychopaths do not want you to own silver, thus the manipulation of spot prices to the downside. They are also buying up every ounce they can get their hands on, thus the price manipulation to the down side and shrinking silver inventories. Many companies have already gone out of business and the COMEX supplies of silver are down a whopping 38% over the past 2 weeks!


"The supply situation in the silver market gets more interesting by the day.


Registered COMEX silver inventories have fallen to multiyear lows at 29,631,268 ounces. In the last 5 days they fell from 32,132,903 ounces to Tuesday’s holdings of 29,631,268 ounces. As can be seen in the table below registered silver inventories fell every single day last week leading to a sharp fall of 8.4% in 5 days.


Registered metals are those metals which meet the standards for delivery under the silver futures contracts and for which a receipt from an Exchange-approved depository or warehouse has been issued. Eligible metals are those which meet the delivery standards as stated in the rules for which no receipt from an Exchange-approved warehouse has been issued.


This is a long term trend that has been seen since the early 1990s when total COMEX silver stockpiles were over 101.45 million ounces.


However, the scale of the drop in inventories since early 2008 is significant and the trend has accelerated in recent weeks.


Registered silver inventories are down a sharp 38.5% in just two weeks – from 41,044,280 to 29,631,268. (Source)

That my friend, is the definition of price manipulation. Supply is down, demand is up and prices go down? This is Phase 1 of the Illuminati silver shortage plan. They don't want you to have any, so they buy up whatever they can while shorting the spot price of silver through Put Options. Phase 2 will begin shortly. Prices will escalate substantially and you will no longer be able to afford silver bullion.


For the doubters, I suggest looking at my predictions in the above video. Gold was at 680 an ounce after a short lived price drop.

http://www.moneyteachers.org/Silver+Shortage.htm

gunDriller
5th June 2011, 11:24 AM
The Satanic Psychopaths do not want you to own silver, thus the manipulation of spot prices to the downside. They are also buying up every ounce they can get their hands on, thus the price manipulation to the down side and shrinking silver inventories. Many companies have already gone out of business and the COMEX supplies of silver are down a whopping 38% over the past 2 weeks!

That sounds like a paradox.

For sure when people buy silver and the US$-denominated price falls, it can be un-nerving.

For many people, the price suppression encourages silver ownership - it allows them to buy more. They just have to not freak out if the paper price drops 50%, like it did in 2008.

I think the silver price manipulation has a lot to do with making the US$ appear to be more valuable. It is about the cheapest way to intervene in international currency markets, given that the silver market is relatively small.

Even if the US gov. has to back-stop JPMorgue's losses, when they undergo a short squeeze and have to buy silver for a loss to cover their position, it's not a big deal - since the US gov. can create $ out of thin air.

Sometimes I wonder if it's a very odd but mutually beneficial relationship - JP Morgue helps silver investors buy more silver, and in the process the value of the US $ is propped up.

sunnyandseventy
5th June 2011, 12:09 PM
Gold will be confiscated. Silver can't be confiscated because it has too many other uses.

Anyone who thinks that gold will be confiscated but silver will somehow receive a pass is delusional. More than likely they'll take your silver too and let your prove in court that it's not gold, if you want it back.

gunDriller
5th June 2011, 02:19 PM
they're already doing the confiscation via asset seizures.

and the banks are getting away with housing confiscation via foreclosure fraud & gross errors.

they will try to confiscate anything they can get their rotting putrid maggotized hands on.


and i know rotting & putrid - i started a culture of fly larvae for my spoiled rotten chickens. ;D

Ponce
5th June 2011, 02:40 PM
Like I read a couple of days ago......"Silver will be the future gold".......why hell, I say that our now days regular coins will be the future silver coins of tomorrow.

agnut
5th June 2011, 10:43 PM
Hi and good thread Ponce. I called a large coin dealer a few days ago and he said that his last order for silver rounds took 2 ½ months to arrive.

So imagine that you had sold 1,000 ounces of silver at a near peak of $47. And say that silver is now at $35. So you go to the coin dealer and offer to buy 1,000 ounces at this lower price. The dealer tells you that he has no silver for sale but he will have some coming in the end of August. By the way, he is no longer taking orders at current spot prices plus premium. No sir; he wants you to plunk down a pile of money now and to pay the balance when the silver arrives AT THE SPOT PRICE AT THAT TIME !!

And God only knows what price per ounce that may be.

Sort of makes you feel all warm and fuzzy right about now ? Or dread of the aforementioned horrific uncertainties ?

See, you should have been buying physical silver with a mindset that you are obtaining insurance against horrific uncertainties. By selling for a quick buck, you may well be the one getting bucked off the silver bull.

Hey, nothing is certain in this world except death and that dishonest persons will try their best to take your wealth by any means necessary. Do you believe that silver will collapse to $15 an ounce ? Especially with China and India buying all they can get their hands on ?

Peter Degraaf said it well in the following article

Gold & Silver Update
So You Sold Out After Listening To The 'Top Pickers'
Now What Do You Do?

http://www.gold-eagle.com/editorials_08/degraaf053011.html

And let’s not forget Silver Shield’s excellent article “Don’t Hold Your Breath”.

Ponce; both you and I shake our heads in disbelief when we hear of others who sell their physical silver because it might go down soon. Has anyone really come out ahead with that kind of speculative thinking ?

Best wishes,

Agnut

P.S. If you are concerned about silver confiscation, how about holding some sterling silver or at least some 90% silver coinage ? I find it hard to imagine that tptb would attempt confiscation of women’s sterling silver jewelry or dinnerware ? As I wrote long ago, if momma ain’t happy, ain’t nobody happy. I sure as Hell wouldn’t want to be in their shoes if they tried. 90% silver coins; I’m not so sure. Depends on how bad things get.

Silver rounds and bars of .999 purity are ready for immediate use in industry as well as accountable backing for a currency. But 90% coins and silverware and sterling jewelry are fabricated goods with a utility in mind. Just one man’s opinion but we will see how it turns out in the future, won’t we ?