What I believe is happening in the gold and silver market!

[longonsilv]

Hi all gold and silver lovers.

BB and the alliance with the BB.
What I am talking about is, Ben Bernanke of the Fed.
reserve and the (5) bullion banks connection to keep
the dollar and possibly other currencies propped up as they
coordinated and then initiated huge short position
contracts on the paper precious metals markets.

A good argument for this is when the price of gold and silver
were at it's peak the dollar index was at a low point of 77 but now
it is in a healthy higher point at about 83

This manipulation happened in a dramatic way on April 12
of this year and again to a much smaller degree just
this past Wednesday after 10 AM where I am sure
they made many millions of dollars in that short transaction.(no pun intended).
On April 12 they could of made up to 1 trillion when gold dropped
by $200 in a short peroid of time.

Meanwhile the Fed. is printing funny money and keeping very low
interest rates.
The stock market is booming with this practically intrest free money.
This scam continues.

April 12th and last Wednesday was just one of thousands
of coordinated short position contracts that have happened
over the past months and years in the precious metals market
by these bullion banks.

What is even more disturbing is these bullion banks are
buying physical gold now that they can get it at a discount
that was created by them.
Talk about manipulating the market!!
Or this could be an unintended consequence on what the bullion banks
have to do now.
I believe what is happening here is that physical gold, not
sure about silver, is now being bought up by Russia,China and
India and other eastern nations at a discont created by the bullion
banks and now these bullion banks are worried that very little gold
will be left in western banks to at least cover a small portion of their
physical gold and silver obligations to their cutomers.
If just some of their customers demanded the physical silver and gold
that these banks are telling them that is there and are paying storage fees
for the gold or silver which is NOT THERE.
Look for a run on these banks involved and the gold and silver markets
will explode.

Right now the ratio between gold and silver at close today was 66/1.
This ratio may go higher if gold becomes the major player but
not sure on that one.
We will have to see how all this plays out in the coming months.

Longonsilv

[madfranks]

Welcome to the forum, and good first post!

[longonsilv]

Hi all gold and silver lovers.

BB and the alliance with the BB.
What I am talking about is, Ben Bernanke of the Fed.
reserve and the (5) bullion banks connection to keep
the dollar and possibly other currencies propped up as they
coordinated and then initiated huge short position
contracts on the paper precious metals markets.

A good argument for this is when the price of gold and silver
were at it's peak the dollar index was at a low point of 77 but now
it is in a healthy higher point at about 83

This manipulation happened in a dramatic way on April 12
of this year and again to a much smaller degree just
this past Wednesday after 10 AM where I am sure
they made many millions of dollars in that short transaction.(no pun intended).
On April 12 they could of made up to 1 trillion when gold dropped
by $200 in a short peroid of time.

Meanwhile the Fed. is printing funny money and keeping very low
interest rates.
The stock market is booming with this practically intrest free money.
This scam continues.

April 12th and last Wednesday was just one of thousands
of coordinated short position contracts that have happened
over the past months and years in the precious metals market
by these bullion banks.

What is even more disturbing is these bullion banks are
buying physical gold now that they can get it at a discount
that was created by them.
Talk about manipulating the market!!
Or this could be an unintended consequence on what the bullion banks
have to do now.
I believe what is happening here is that physical gold, not
sure about silver, is now being bought up by Russia,China and
India and other eastern nations at a discont created by the bullion
banks and now these bullion banks are worried that very little gold
will be left in western banks to at least cover a small portion of their
physical gold and silver obligations to their cutomers.
If just some of their customers demanded the physical silver and gold
that these banks are telling them that is there and are paying storage fees
for the gold or silver which is NOT THERE.
Look for a run on these banks involved and the gold and silver markets
will explode.

Right now the ratio between gold and silver at close today was 66/1.
This ratio may go higher if gold becomes the major player but
not sure on that one.
We will have to see how all this plays out in the coming months.

Longonsilv

Something I also noticed about yesterdays gold and silver charts
was a gradual increase in the price of gold starting in the morning
and ending @ the close.
While silver stayed straight lined stagnent all day.
I have never seen this before or I may have missed this same
occurrence in the past!
This could be what I surmised in my original post, that these bullion
banks are purchasing physical gold. Looks like a huge amount just
in one day.
If it was a paper market buy many times during the day it would, I believe,
have effected the upward price of silver also!
Are some of these ETF's bundled with all or a few precious metals
like gold with silver?

Just some added observations that are just my opinion.

Longonsilv

[gunDriller]

meanwhile, Silver is available below the 'average' cost of production.

i looked that up, it was between $21 & $22 on a few different websites. of course it varies with different mines.

[longonsilv]

I believe Silver Wheaten out of Canada is in it for the long haul.
This is a silver streaming company that has contracts to buys the leftover
slag from different gold mines and buys this silver bearing slag real cheap
without having to mine it.
On the upside this stock outpaces the volitility of the spot silver price.
It's price per share at the moment is slightly higher then the spot silver price but on the
upside it's share price outpaces the silver spot price.

I am in it for a small play right now but then again I could get burnt if silver
goes south from here. Bought at 24 a share and now at 21.
A gamble "YES".

longonsilv

[Cebu_4_2]

I believe Silver Wheaten out of Canada is in it for the long haul.
This is a silver streaming company that has contracts to buys the leftover
slag from different gold mines and buys this silver bearing slag real cheap
without having to mine it.
On the upside this stock outpaces the volitility of the spot silver price.
It's price per share at the moment is slightly higher then the spot silver price but on the
upside it's share price outpaces the silver spot price.

I am in it for a small play right now but then again I could get burnt if silver
goes south from here. Bought at 24 a share and now at 21.
A gamble "YES".

longonsilv

Load the truck in small amounts. Break it up into 5 spots and you'll be good. Never waste FRN's in 1 gamble... LOL, It's paper do what you want lol.

[Mouse]

Thanks for tipping us on who you work for. Long Silv Wheaton....

[JohnQPublic]

Welcome longonsilv, you fit right in here. Don't let the suspicions about you concern you, a little paranoia is normal on sites like this, and we are one of the extremes.

[longonsilv]

Thanks JohnQ,

I guess when you speak from the heart that does not matter.
I did say it was a gamble and if that was not enough to convince
people that I was sincere then well, so be it.
I am no silver wheaton pumper just a small invester expressing my
view on a particular stock play.
You are right about paranoia, I see it on other forums all the time.

Thanks,

longonsilv

[longonsilv]

Hi all,

Well a little over a month ago I was pushing Silver Wheaton when
the stock was @ 21 and close to but above the spot silver price.
I did mention how much faster its stock price moves above the spot
silver price on the upside.
That was an understatement, the other day it just reached to a high
of 29 but dropped back. More volatile then spot silver price on the upside.
A lot of investers were jumping in on the stock and then we got
some profit taking.
My gut call, a little over a month ago, was that gold had carved out a bottom
and my gut was right.
We could see another smaller pull back and then a much higher G\S price
later this fall.
Just my humble opinion!

longonsilv

[chad]

Hi all,

Well a little over a month ago I was pushing Silver Wheaton when
the stock was @ 21 and close to but above the spot silver price.
I did mention how much faster its stock price moves above the spot
silver price on the upside.
That was an understatement, the other day it just reached to a high
of 29 but dropped back. More volatile then spot silver price on the upside.
A lot of investers were jumping in on the stock and then we got
some profit taking.
My gut call, a little over a month ago, was that gold had carved out a bottom
and my gut was right.
We could see another smaller pull back and then a much higher G\S price
later this fall.
Just my humble opinion!

longonsilv

chasing paper, lol

[gunDriller]

i thought 'longonsilv' was banned. maybe that was someone with a similar name.

just saying, nothing against an honest member with a pro-Silver name.


anyway, i was looking at some Wheaton docs.

they have agreements with one mine to purchase their silver - at $4 an ounce.

i wonder how much they had to invest to get that agreement.