Post by jeffolie on Mar 31, 2010 16:52:39 GMT -6
Silver skyrocket
Denninger did a piece on a gold squeeze warning of investing in thin markets. You need to be very nimble to take advantage of such a skyrocket because the Hunt silver peak lasted for a very, very short time.
The price of metals have NOT skyrocketed with all these manipulation relevations. What would it take to make a short squeeze? Probably regulatory action would be needed and I am not holding my breathe.
I hold my physical precious metals not because of a potential short term short squeeze. I expect a Dollar crisis in 2013.
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Andrew Maguire & Adrian Douglas: Discuss What Could Be the Largest Fraud in History - Andrew is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders. Adrian Douglas Board of Director from GATA, the man who Andrew reached out to joins in this interview where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in hollywood thrillers. They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale.
www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
Highlights:
-The silver market is small and easily manipulated by large institutions.
-The silver market has been manipulated and the price suppressed by large banks.
-There have been no whistleblowers (until now) because they new how the market was being manipulated and could profit from it.
-The CFTC has been hoping this will be just swept away so they do not have to deal with it.
-Currencies are in trouble, a higher silver (and gold) price reflect the problems with he currency. Therefore it is in the interest of governments and large banks to keep the price of silver down.
-There is more paper silver then real silver
-The price is pushed down through naked short positions.
-Large banks can short the COMEX price of silver to be able to buy it cheaper else where. This is completely illegal.
-A day of reckoning will hit when silver is depleted due to artificially low prices OR criminals will be put on trial.
-This has national security implications.
-The price of silver will skyrocket. It’s a matter of when, not if.
-The story is to big for MSM, MSM is protecting their interests.
Silverseek also has an article up on the CFTC meeting. Please read it here in full:
news.silverseek.com/GoldIsMoney/1269985869.php
taoeconomics.com/content/biggest-scam-financial-history
Denninger did a piece on a gold squeeze warning of investing in thin markets. You need to be very nimble to take advantage of such a skyrocket because the Hunt silver peak lasted for a very, very short time.
The price of metals have NOT skyrocketed with all these manipulation relevations. What would it take to make a short squeeze? Probably regulatory action would be needed and I am not holding my breathe.
I hold my physical precious metals not because of a potential short term short squeeze. I expect a Dollar crisis in 2013.
===================================================================
Andrew Maguire & Adrian Douglas: Discuss What Could Be the Largest Fraud in History - Andrew is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders. Adrian Douglas Board of Director from GATA, the man who Andrew reached out to joins in this interview where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in hollywood thrillers. They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale.
www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
Highlights:
-The silver market is small and easily manipulated by large institutions.
-The silver market has been manipulated and the price suppressed by large banks.
-There have been no whistleblowers (until now) because they new how the market was being manipulated and could profit from it.
-The CFTC has been hoping this will be just swept away so they do not have to deal with it.
-Currencies are in trouble, a higher silver (and gold) price reflect the problems with he currency. Therefore it is in the interest of governments and large banks to keep the price of silver down.
-There is more paper silver then real silver
-The price is pushed down through naked short positions.
-Large banks can short the COMEX price of silver to be able to buy it cheaper else where. This is completely illegal.
-A day of reckoning will hit when silver is depleted due to artificially low prices OR criminals will be put on trial.
-This has national security implications.
-The price of silver will skyrocket. It’s a matter of when, not if.
-The story is to big for MSM, MSM is protecting their interests.
Silverseek also has an article up on the CFTC meeting. Please read it here in full:
news.silverseek.com/GoldIsMoney/1269985869.php
taoeconomics.com/content/biggest-scam-financial-history