102.5M oz of phys dumped in SEVEN MINUTES - but their raid FAILS! You've got to see this http://silverdoctors.blogspot.com.au/2012/02/cartel-dumps-1025-million-ounces-of.html x
But how credible is silver doc? What is the QUALITY of his research? Listen to what he says about "Perth Mint": http://silverdoctors.blogspot.com.au/2011/12/q-with-doc-is-government-confiscation.html#comment-form "I believe your risk would be much higher that Perth does not actually hold your "allocated" silver than the risk of government confiscation. I encourage you to contact Perth and inquire about having your allocated silver personally delivered, and you will see what I mean. Watch Perth attempt to talk you out of it, and stall, stall, stall." Does anyone here actually seriously also believe this?? That if you ever try to take possession, Perth Mint will attempt to talk you out of it, and they will stall, stall, stall... ??
There are some posts elsewhere on this forum by other SS who attempted to take possession. It would be nice if they could comment as to whether they actually ever managed to take possession, or whether they were just repeatedly fobbed off until they stopped asking for their metal, and had to settle for cash instead.
I just think its laughable that trust with government is so interchangeable. Pm's would be the last thing on this earth I would trust the government with
Agreed. I'm beginning to suspect that maybe the SS who demanded delivery had to settle for cash, and possibly they were pressured to sign a contract, never to reveal this fact, and just pretend that they actually took delivery.
Thanks VRS. Gave me a little laugh it did. Nice to see a backfire on the 'bigboys'. Would have amounted to a fairly hefty loss I would think.
It is not over yet, obviously it was done to try and start a chain reaction and get more people to dump more contracts on the market and create another bear climate. See what happens on Monday. I hope that is not the case but you never know.
I am personal friends with the manipulators and they have done me many favors, so I am sad the failed. Better luck on Monday guys, bring on the cheap Ag
manipulators are good for us arnt they? because if the price of silver rises suddenly we can all expect a drop which makes the market more readable?
I remember seeing a thread about someone trying to organise a group buy for 1 contract, and take physical posession. Don't think the group buy went anywhere though. ..... unless there is another example?
Er, um, well I guess there are just a teensy-few pension funds & institutional investors ever-so-slightly 'invested' on behalf of their customers/clients who think they're invested in silver & gold metal, rather than pieces of paper that have the words 'silver' or 'gold' stamped somewhere on them... I'm thinking SLV and GLD? x
Hey - if you want a window in on any of that business you only have to look at the games played around US Debt owned by China, the install of China as a member of LBMA and JP Morgan being made full member of the Shanghai Gold Exchange along with the implicit unspoken promise that the Yuan will shortly become second, then parallel, then first default reserve currency... It's all part of the plan... x
Yeah!! And my son has been inside the *main vault* and there was stuff all precious pm's there!! Its a big fraud, and *my son and I*, princes amongst men, have blown it wide open. And together with a Gata bigwig will talk with Eric King, and the doors are gonna come flying off. [after the interview is over and its broadcast to the entire world, in order to get home, they have to walk through a forest at nigh] [whisper from behind tree] Hey dipstick, you think they're gonna let some guy with a few miserable ounces inside the *main vault* ?? [son] Where did that voice come from Dad? [father] Keep walking son, we are now wanted men. The cartel is hunting us. We have blown the doors off this fraud. [whisper from behind tree] Hey dipstick, there are 3 vaults at Scotiabank, not 1 only. You think there is a single vault? :lol: [whisper from behind tree] You did not see the main vault, *hero*. Some guy with a few miserable ounces is not gonna get the grand tour.
Thankfully this raid failed. Things that never happened usually tend to fail. Netdania is spot, not futures. There is general agreement across a few forums that this is a bad data feed, as it did not show up on any of the other ETFs or trading platforms.