Search results

DOJ Accuses JPMorgan's Precious Metals Trading Desk Of Being A Criminal Enterprise https://www.zerohedge.com/markets/three-jpmorgan-traders-charged-massive-gold-market-manipulation-fraud

It will be interesting to see where silvers new price is when it stabalises after the next big run up, thats what interests me the most. Bound to be in the +$30 AUD range

Remember when 1/3 Oz was 50c, maybe they just want their monopoly money to look good to the punters vs real currency

****Crickets chirping**** I'm sorry I missed your response as to why you even bother to post here?

none of this explains the concentrated and determined short positions driving this market for nearly a decade at multiples of the actual worldwide physical.

With all due respect, why do you still post here? :rolleyes:

EDIT

more to the point, with all due respect why do you even post here? :rolleyes:

probably this. like some kind of offshore subsidiary If you look at the charts, its goes up real quick and down a little slower by lower lows and lower highs, gives a little bit more time, its missing out on a ticket on the rocket ship that hurts.

I tend to agree, I don't think they would do this out of charity for an overseas potentially hostile adversary. Its for profit, so that means at some point they will take the brakes off silver, which could be what we're witnessing currently, time will tell I guess.

Hunt Brothers ------> Manipulative no good traders JP Morgan ----------> Bastions of integrity

its a mystery wrapped in an enigma, it always has been, the most obvious answer is price manipulation and hoarding in an effort to corner the market, but the SEC will never wrap them over the knuckles for that, to be sure, they've been doing it for near on a decade.

yes thats right. Who knows however, when JP covered its short position that it inherited, 2 billion could've easily been covered by JP at the time. If you look at the price of silver from mid 2008 until late 2008 price was in decline and there was ample opportunity to close those position at a...

They acquired Bear sterns silver position back in 2008 if my memory serves me correct; https://goldsilver.com/blog/why-the-collapse-of-bear-stearns-changed-the-silver-market-forever/

I prefer entrails myself, for accuracy

What a refreshing thread! Good luck to all the new stackers. It brings back a lot of memories of when I first purchased back in 2006 and theres been a lot of ups and down since. At one point the price jumped to over $18 and stayed there for about five months before crashing below $10 and the...

This is less about silver or gold IMHO, than it is about the USD. Everything compared to the USD has been monkeyhammered in the past few months. Sure most other currencies have their problems, the Yens abenomics, the Pounds succesion referendum, the Euros negative deposit rates but I think the...

Silver and gold are the only commodities/investments where ghouls come out of the woodwork at pivotal moments to inflict a psychological blow to anyone thinking of sinking their money into the metals. This never happens with oil, cotton, gas or any other commodity you care to think of, or for...

As of the moment silver is not viewed as money. Not because it cannot fulfill that role, but simply because the central bankers consider it anathema and their ponzi fiat system would die a horrible death if silver (and/or gold) were ever to be readily accepted as a valid and prefered medium of...

I have the opportunity to purchase a 1989 50c Jubilee Proof. The problem I have is I actually want the RAM Masterpieces in Silver (MIS, 92.5 Ag) not a UNC Proof. From what I can tell the 1989 MIS set of 50c pieces was produced in 1988 but marked '89. The only sets RAM actualy produced in '89...