Thought you guys might be interested to know that the ABC Lateline program has picked up on the silver manipulation story. It ran on last nights show. Unfortunately (although not surprisingly) much of the meaningful content was left on the cutting room floor but the fact they interviewed me for 40 minutes with specific questions about COMEX option expiry, CFTC hearings and GATA suggests we are close to the real story going mainstream. Interesting spin by comparing JP Morgan to Bunker Hunt. Not sure it hits the anti JPM note all that well but I guess you have to start somewhere. The video can be found on the following link http://www.bullionmark.com.au/gold-research/blog/2011/05/28/254-silver-price-manipulation-.html
Nice work. Some discussion on it here too: http://forums.silverstackers.com/topic-9975-lateline-business-segment-on-silver-on-now.html
Well done man, Still got a little bit of common sense through. Bloody well summed up at the end. "If you think they will stop printing money you shouldn't own silver" Thats the kind of simple shit that needs to get out through mainstream media. As much as the questions regarding specifics didn't get aired those who understand the more specific questions should already be in silver if they have any sense. I'm just beginning to understand some of this financial jargon. can you tell me if I'm on the right track? Say I take out a bank loan...... buy silver that will increase compared to the dollar with the intention of repaying the bank's dollars when my silver has increased enough. Would this be taking a short position on the dollar?
It would be gambling - which is close enough to the same. Edit: I would be very careful doing this as whilst silver may rise is the AUD does as well you're in the same position and many are predicting AUD to go to $1.15 USD.
