disclaimer: i am not sophisticated or very conversant in this, but have some notions i'd like to toss out. based on the limited silver supply, the supply of paper silver and the huge volume of trades evidence manipulation. meanwhile people are catching onto that and buying silver in huge quantities, buying up the market. one would think that by now jp morgan's ability to keep on shorting would be exhausted, as well as other manipulators, particularly because china is wise to metal manipulation and seemingly has the wherewithal to buy up huge tracts of the metals market. so perhaps manipulation is not exclusively based in ny - perhaps chinese counterparts play in tandem, whether shorting the metal or buying it up cheap ... ? i particularly ask because if there's manipulators on multiple fronts perhaps this game will stay in play ... forever?
Here it is! Before your very eyes - No sooner had you asked... SMASHDOWN! Recovering nicely now though... This is what JP Morgan does for sport... And they all need to be SHOT..... (purely IMHO of course lol!) Watch & learn... http://silverdoctors.blogspot.com/2011/11/why-hello-blythe_16.html x
The question then becomes how long and how many more times can they do it? It wouldn't surprise me to learn the Chinese are behind it. They are punch drunk on PM right now. War is coming and they want to make sure they have as much as they can have befere that for the cheapest price they can get.
Can anyone show actual evidence of long term price suppression rather than just short term "manipulation" (ie just taking advantage of knocking the price down a bit and then letting it continue on it's merry way). malachii
Mate you have to have observed the mkt for long enough - Google GATA, Silver price suppression, silver price manipulation, check out Max Keiser, have a look at my JP Morgan thread on here - this is not a theory - everyone including Congress, the FBI and uncle Tom Cobley & all know about it - you really need to dyor http://www.bloomberg.com/news/2010-...nt-efforts-to-control-price-chilton-says.html http://www.zerohedge.com/news/another-lawsuit-filed-against-jp-morgan-silver-price-manipulation http://www.roadtoroota.com/public/94.cfm http://www.youtube.com/watch?v=Y--jCrDOSjk http://www.marketoracle.co.uk/Article29403.html https://www.articleproductions.com/Gold_and_Silver_Price_Manipulation_-4298 http://news.silverseek.com/SilverSeek/1311261813.php http://marcusbrooks.blogspot.com/2011/05/silver-price-manipulation-jp-morgan-v.html That should get you started x
well, by tandem i wonder if the JPM crew hammer down silver prices from one side and create a buying opportunity for themselves as well as a tandem entity, and then the tandem entity returns the favor. and perhaps that buying opportunity isn't just paper, perhaps parties working together ante up by actually flooding the market with real precious metals which essentially get traded back and forth between them while individuals like us get all befuddled. i'm just thinking out loud. while i'm making a fool of myself, where can i learn how to understand some fundamentals and read charts and sophisticafy myself some?
After our recent exchanges I really cannot believe you said that RM... Oh well... here goes... Look at Brother John's video above AND look at the last 3 session overlays on say Silverdoctors - look at the time on the graphs - this kind of thing usually happens on weekends - but surprisingly this happened midweek... You don't need to be asking for evidence - it's out in the open for everyone here to see... Why are there so many class action lawsuits lined up against JPM? Why are Chilton & Gensler going after them with teeth bared? We all know (as you well should RM) that the manipulation of the POS is a direct mechanism not only for JPM & their friends to profit massively annually, but that The US Fed and government at the highest level are complicit in using this to directly support the US$ - otherwise everyone would be rushing out to buy silver & gold... BUT what we see now is because of the enormous amount of paper SLV & GLD (custodian? Yes, JPM) involved in relation to actual phys metal, these sell signals to dump sh$tloads of paper are orchestrated internationally... When JPM 'acquired' (aka 'mugged') Bear Stearns they inherited the biggest short silver position ever created - and they've used this to control the silver market and to a slightly lesser degree the gold market ever since... (Understand then that JPM, The US Fed, COMEX, LME, LBMA, Bank of England are all Rothschild controlled... You MUST research the history & timelines involved stretching back to the early 17C to understand the relationships involved... they have made TRILLIONS over the last 250 years in orchestrating events to their own advantage... Funding wars, taking down opponents, controlling money supply whist converting real wealth into paper for the masses... Hence why the fiat system is now so questionable when compared to real assets... it's just that... worthless paper ripe for hyperinflation...) Did no one hear the name Andrew Maguire? http://www.youtube.com/watch?v=yLxoeLqQMlw PLEASE DISTRIBUTE THIS INFORMATION: LINK A http://www.gata.org/node/8466 LINK B http://www.gata.org/node/8477 LINK C (click the icon on the bottom left) http://kingworldnews.com/kingworldn...10/3/30_Andrew_Maguire_&_Adrian_Douglass.html LINK D http://www.nypost.com/p/news/business/jpmorgan_chase_story_in_uk_DsMN4PnXFoQG5KdevIsQ7N LINK E (click the icon on the bottom left) http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/31_GATA.html LINK F http://www.gata.org/node/8494 UPDATES: http://seekingalpha.com/article/196794-gold-silver-the-cftc-and-conspiracy-theories http://www.commodityonline.com/news/Will-fraud-lift-gold-prices-to-$10000ounce-27107-3-1.html http://www.huffingtonpost.com/nathan-lewis/its-ponzimonium-in-the-go_b_519893.html http://kingworldnews.com/kingworldn...2010/4/7_Andrew_Maguire_&_Adrian_Douglas.html http://www.nypost.com/p/news/business/metal_are_in_the_pits_2arTlGNbMK7mb1uJeVHb0O http://www.kingworldnews.com/kingwo...2010/5/1_Ted_Butler_on_the_Metals_Market.html http://www.youtube.com/watch?v=sANWk4yU2sg http://www.cftc.gov/PressRoom/PressReleases/silvermarketstatement
They do NOT 'flood the market with real silver' - that's not the mechanism. They make these trades amongst a small club of influential financial institutions, signaling what they're going to do so they can all benefit financially - again - JPM, HSBC, Citi etc will never release real metal onto a sell phase - its ALL paper... Didn't you know that HSBC have been forced to enter a Tolling Agreement with investigators about this? Basically they are obliged to assist with the ongoing investigations of the CFTC - giving evidence if necessary on their buddies JPM... (but behind closed doors we all know that the FBI have been told not to prosecute...) Why? Because they understand that if they wanted to JPM could bring the US$ down to its knees in a matter of DAYS... not weeks or months... but DAYS... (That's how powerful Rothschild & their agents are... their business, in conjunction with the Bilderberg Group, Skull & Bones, Club of Isles etc is to 'manage' the transition of their vested interests, financial & political power etc thru this period of paradigm shift in World economics from West to East - this IS NOT 'conspiracy theory' - its very real indeed.) START JPMorgan remains primary defendant * Investors say silver prices driven down illegally * HSBC entered "tolling agreement" By Jonathan Stempel NEW YORK, Sept 14 (Reuters) - HSBC Holdings Plc (HSBA.L) has for now been dropped from an investor lawsuit accusing it of conspiring to drive down silver prices, leaving JPMorgan Chase & Co (JPM.N) as the only bank defendant in the case. Investors had in at least 43 complaints filed in 2010 and 2011 accused banks of amassing hundreds of millions of dollars in illegal profit by manipulating prices of COMEX silver futures and options contracts, including by amassing huge short positions. While these lawsuits were later combined, an amended complaint filed on Wednesday in the U.S. District Court in Manhattan dropped HSBC as a defendant, saying the bank had entered a "tolling agreement" with the plaintiffs. Such agreements may give plaintiffs more time to raise claims without tripping rules on statutes of limitations, or indicate that settlement talks are ongoing. The complaint does not explain why HSBC entered its tolling agreement. HSBC spokesman Rob Sherman declined to comment on the tolling agreement, but said "we will continue to vigorously defend ourselves through the proper legal channels." A lawyer for the investors declined to comment. The amended complaint against JPMorgan seeks class-action status, and triple damages for alleged antitrust violations. It accuses the New York-based bank of having distorted silver prices between 2007 and 2010 by making "repeated manipulative and uneconomic trades." One series caused COMEX silver futures to drop an unusually large 12 percent on Aug. 14 and 15, 2008, letting JPMorgan reap $220 million on its short positions, the complaint said. It said JPMorgan would often cause "violent" price swings by placing "fake" trades late in the day, when market activity was thin, at prices "far removed" from what then prevailed. Tasha Pelio, a bank spokeswoman, said: "These allegations are entirely without merit and we intend to defend ourselves vigorously." The Commodity Futures Trading Commission began probing allegations of silver price manipulation in September 2008, and last year proposed regulations to give it greater power to thwart traders who try to manipulate prices. Silver prices have faced regulatory scrutiny in the past, including after the billionaire Hunt brothers drove prices up in 1980 in a failed attempt to corner the market. The case is In re: Commodity Exchange Inc Silver Futures and Options Trading Litigation, U.S. District Court, Southern District of New York, No. 11-md-02213. (Editing by David Gregorio) END
This is from Brother John's last video post here on SS & YouTube - Listen VERY carefully what he says about the insurance exposure of JPM & Goldmans on Greek bonds - this is the way these people do 'business' - sleight of hand - slippery, snake-like... always wriggling themselves out of (or into a situation which suits them) http://www.youtube.com/watch?v=iiSnCK3gpTM x
For Malachi & RM - How did these organizations become so powerful in the first place? Long read - but very very worth it http://www.apfn.org/APFN/reserve2.htm x
Just 2 things to say on this point: 1. China is self-sufficient in gold production but is a net importer of silver - Did anyone notice that JP Morgue have just become members of the Shanghai ME? To my mind this can only be a very very bad event - but hey - they're a 'legitimate' business aren't they, and the Chinese know they control COMEX, LME, LBMA, The US Fed, BoE etc... Who wouldn't want someone so influential & powerful at their table... but this is where it gets interesting... In recognizing that Rothschild also 'play the long game' the Chinese are also aware of the methods they employ... So we have a rather Sun-Tzu 'Art of War' gig on our hands already... Corruption is still rife in CN at every level... which will probably suit JPM just fine... and their hosts in Shanghai, for now... 2. JPM are being drafted in to advise & manage the introduction of the first municipal bond issues in CN right now... Again, I'm looking on in absolute horror... Why? Here's Jamie Dimon's official answer, being issuers of US Muni bonds... http://www.bloomberg.com/news/2011-...alities-in-u-s-won-t-make-it-out-of-debt.html - And here's what actually happens when JPM gets hold of a city's bond issuance: http://www.cherada.com/articulos/jp-morgan-responsible-for-municipal-bankruptcies & http://moneymorning.com/2011/11/11/...-largest-municipal-bankruptcy-in-u-s-history/ x
Exchanges? Nothing was exchanged. Your (singular, meaning you sent me multiple PM's, without reply) long winded verbal and physical threats towards me are unwelcomed. Note that I have no intention of "discussing mano a mano" as your egotistical alpha personality so eloquently put it. Not to mention no chance on taking me on a date after you asked: "why don't we get together for a sandwich?". For one, I don't swing that way, and secondly, I wouldn't want to waste what precious time I have left before I die, on you.
Yes and we tag along like the little lost red haired step child who lingers around the big kid and does his bidding so he hopefully dosn't get flogged by all the other kids on the playground. Obama and Gillard just agreed to station between 250-2500 marines in the top 1/2 of Australia recently, so i guess it means we are tagging along for a while yet!
You tell him monkey. VRS you seem like a bit of a knob mate with your personal attacks on everyone lately... give it a break champ. You do bring up a lot of good info, but doesn't give you the right to act like you are the beez neez. Take this as constructive criticism, if your able!
The charts do show some form of short term manipulation. For example the price might be dropped down a few $$ over a period of a week and then the price will trickle back up. This is NOT long term manipulation. This is a basic pump and dump - done in many different markets. There is NO evidence of control of the market for extended periods of time - as yet. No one has come out with actual evidence. Just a bit of finger pointing here and there. If you read the GATA documents even they don't specify evidence of long term price suppression. If you have other evidence from a credible source I would be fasinated to see it - as would many others - including GATA. malachii
Yep I agree. We run with the fox and hunt with the yankie hounds. Where we are geographically positioned you can not blame us for sucking up especially when you have drooling asian eyes looking at all our undefended resources and their thirst for it, (we are suppose to have a questionable 40,000 strong armed forces? which is just a mere blip on the screen compared to the Chinese, Nth Korean forces), and our big across the seas brothers have the largest guns on the planet.....it's obvious Julia or Tony need to be lap dogs when ever that big brother comes to town. It's never going to change either.
I respectfully suggest that if you are to make accusations of this nature in a public forum then you would be well advised to find yourself a good lawyer. As far as I recall my last word to you was that we should go and grab a sandwich for lunch - (your analogy to a 'date' is painfully lacking sincerity, humour or insight as well as sounding utterly delusional - I'm just not that kind of girl anyway FYI) Actual discussion, rather than electronic messaging here or elsewhere is actually the way most of us used to communicate, which is why I gave you my direct dial number so that we might put any misunderstanding to rest. Did you use it? No. Why? I think you've already answered that one... What I was suggesting was simply a free & open exchange. It was an invitation that's all - and my expectation was that I might actually learn something useful from you, regardless of your apparent unwillingness to engage in the straight talk I employ from which we might both benefit. As it was you joined in on a convo on some thread or other with very negative input, so you should hardly be surprised if I took exception should you? I made a genuine offer of saying hello and grabbing a beer & a sandwich - how you took that reflects on you, not me. If you see knowledge gained over a lifetime as worthless & a subsequent willingness to defend one's corner in the face of plain offensiveness as something extraordinary then I'm afraid that's really just tough - you shouldn't have picked up a rock in the first place. What was gained? Nothing. What was made better? Nothing. I thought you were suggesting that I had stated initially that MY time was too precious, since I'm actually quite busy most days... So your statement above 'I wouldn't want to waste what precious time I have left before I die, on you' demonstrates to everyone here all they really need to know about you... and shows that on so very many levels, you simply do not have a clue about Life's truisms. Of course most ironic of all is that you allude in some weak way that the time we ALL have to live and learn is short. You're right, however I for one will always keep learning. Others will continue to wear the comfortable blinkers to which they've become accustomed, as you've so ably demonstrated today. Thanks for your kind & useful input yet again Monkey. Be happy in your choices & I wish you well in your endeavours, wherever they may lead. x
