Can someone explain Silver Manipulation Prices in VERY EASY TERMS?

Discussion in 'Silver' started by rara200284, Dec 29, 2014.

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Rubbish.

    Congratulations!!
    It is possible teach Pirocco something!
    I didn't think you'd get there.
    Golf clap for you. :)
     
  2. Pirocco

    Pirocco Well-Known Member

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    *** Counting arguments...
    *** 0 arguments found.

    *** Counting information bits....
    *** 0 information bits found.

    *** Calculating deserved congratulations...
    *** 0 congratulations deserved.
     
  3. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Thread asks for an explanation in VERY EASY TERMS.

    Fat chance! :lol:
     
  4. trader10

    trader10 Member

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    :) I hate to think what he was like at school..... probably had a black eye every now and then.......
     
  5. Pirocco

    Pirocco Well-Known Member

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    Well it's not like that given explanations contain much 'subject-dedicated' words. It's all very close, or even is, common buying / selling, only the methods and handling and purpose varies among the kinds of activity on the silver market. For ex, a pocket thief can visit a fish market to empty pockets of people that wanna buy or sell fish. He's on the fish market but isn't interested in fish only in peoples money for nothing in return. The same applies to a futures market, but ALSO the underlying cash market (dealers, stackers, bars, coins, allocated, etc). Only that it is much harder to frontrun to buy lower sell higher there, and due to the application of what is named "spread", being a difference between the selling and buy back price, so that the price has to be moved more than the difference in order to pocket other peoples money. It's also one of the reasons that they invented Exchange Traded Funds, to allow precious metals to be traded as fast as shares, for the obvious reason, albeit they do have more credible reasons like handing over the hassle of owning pm's. Just like the futures market also has credible reasons like hedging against the part of the money for nothing club that IS active on the cash market.
    For ex, on Kitco forum there was a user that purchased silver in the early 200x. In may 2011 he said that he sold it in april to a dealer that he had kept a relation with over the time. Chit chat etc. That IS a buy low sell high in the physical / cash market. I remember that I thought after reading it 'now I wonder if that good relation is still a good relation considering the selling near $50 and the dealer maybe unhedged or badly time hedging, or too late to 'get rid' of it.

    Now, in aboves explanation, what is not easy? :D
    Data is just figures, interpreting it doesn't need difficult terms either.
    Life must be hard if that is hard!
     
  6. Pirocco

    Pirocco Well-Known Member

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    School is undergoing, not giving explanations.
    RRRING
    Logical flaw detected.
    Two seats back in the classroom.
     
  7. Pirocco

    Pirocco Well-Known Member

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    Read this:

    http://www.marketforum.com/?id=1033303
    This is example-talk of the so called "paper market" (for what it's worth to throw them all in a box labeled as such) guys.
    Apparently they have no problem reading and understanding.
    Same people then jest that explanations with much more basic terminology and data would be hard to follow.
    This is my thought 'bout them:
    Hahahaha!
     
  8. Gatito Bandito

    Gatito Bandito Active Member

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    Just as those who require hard evidence from those who claim the market is manipulated, I think it's only logical that those who say there is *no* manipulation going on, i.e., that all the market participants & the regulators overseeing everything are honest & on the up-and-up, with no ill intentions or profit motivations or opportunities for such manipulation, *also* need to provide some hard evidence of just such a claim which they are apparently implying.


    Oddly, one never really sees that, either..
     
  9. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    See: Evidence of Absence
     
  10. Gatito Bandito

    Gatito Bandito Active Member

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    Nope, doesn't apply.


    A non-manipulated market = a market, its participants & its regulators which are open & honest.

    Please provide evidence of such. Surely there is plenty out there?
     
  11. Pirocco

    Pirocco Well-Known Member

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    This is a good article 'bout open & honest:
    http://mises.org/library/give-back-add-real-value
     
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Nope, sorry. The burden of proof lies upon those making the claim of manipulation. Innocent until proven guilty. I'm not saying market manipulation doesn't exist, I'm saying that it can't be proven that it doesn't exist. That's a very important distinction.
     
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    That article is worth its own thread. I imagine there would be some "spirited" debate :lol:
     
  14. Pirocco

    Pirocco Well-Known Member

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    Big fluctuations in price not caused by forces beyond human control, are already evidence on themselves that manipulation, regardless form, takes place.
    A market with real speculators is a market where people foresee other peoples needs and get rewarded for it. Both sides end up better. Real speculators damp price fluctuations. And if despite best intentions they turn out to have been wrong then they are the sole losers that end up with a stock worth less than they paid.
    However, markets of products that are in a big degree used in a monetary role - storage of value, are zero sum markets. The 'foreseeing' doesn't go about peoples needs, but about frontrunning them, and some go a step further: actively mislead them so that they are willing to pay the higher prices caused by the frontrun, as to maximalise the price fluctuations in amplitude and number, as to maximalise profit. I don't name that profit "earnt", nor "honest". It's just theft. The thieves name it "making money". They talk about the market alike it's an abstract and to control creature instead of a situation with humans that trade with eachother. That alone already says it all. An ordinary bunch thieves that steal, and sees other people as cows to milk, but of course doesn't like to openly say it like that, for the obvious reason.
    Many here purchase and stack silver as an attempt to evade the fiatcurrencies and other cheapskate derivatives / frontrunned markets. The silver market is however not different. Because thieves go where those they try to steal from go. It's not the product / metal that brings success. It's ones insight and market behaviour that does. Something important to realize.
     
  15. Gatito Bandito

    Gatito Bandito Active Member

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    The market, its participants & its regulators are open & honest.. Believe.. BEEELIIIIEEEEVE... :lol:


    LIBOR? Proven rigged.

    Forex? Proven rigged.

    Stock/share market? Proven rigged.

    Silver market? Nope, that one's fine.. :rolleyes:



    Exactly.

    I still don't see anybody ever proving that it's all honest & open, either.

    Therefore, that doesn't exist.
     
  16. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I love nothing more than to short the silver market and use my paper profits to buy physical at the lower price :D
     
  17. Gatito Bandito

    Gatito Bandito Active Member

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  18. Gatito Bandito

    Gatito Bandito Active Member

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    I've thought about doing that, too.


    Works great. Until it doesn't.
     
  19. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Yeah, I've yet to come across such a problem in the years of trading
     
  20. Gatito Bandito

    Gatito Bandito Active Member

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    Will you be shorting it til zero?
     

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