Silver suckers rally? Big games with stacks of cheap money?

SpacePete

Well-Known Member
Silver Stacker
I was just thinking that, with the world flooded with cheap money and limited places to invest it, could we be seeing the effects of games being played by those institutions with access to enormous stacks of cash and an appetite for risk?

How would they go about this without obviously looking like they are manipulating the market?
 
A silver/gold price that rallied uncontrollably higher would indicate that there's far too much 'free money for nothing' in the world.
A major clue indicating why silver/gold has traded cheaply came out when Deutsche Bank admitted fraudulent involvement in gold and silver 'markets'.
Silver and gold remain in a pretend market while the other fraudulent bankers continue their game plan in the 'market'. Now that fraudsters are partially outed - gold and silver may (soon ?) revert to a reality based market.
Would anyone else like to comment on broken markets - silver for a start ?
 
From what I understand, silver prices are a reflection mainly of the futures market as well as paper and electronic silver traded at amounts way beyond the physical silver available to correlate to such enormous trades. Sort of reminds me of fractional reserve banking....creating value out of nothing but promises.


If you don't hold it, you don't own it.



.
 
James said:
A major clue indicating why silver/gold has traded cheaply came out when Deutsche Bank admitted fraudulent involvement in gold and silver 'markets'.

Deutsche Bank didn't actually admit to anything, they settled the case out of court - which ofcourse they would only do if they were guilty - but they didn't admit to a thing.

A lot of permabulls such as Maloney, Holter etc are claiming that they've agreed to wrong doing, but this is not true. If it was, they'd be getting hit with big fines from the government.

The Silver price rally isn't related to this event, its part of a larger rise in commodity prices across the board. Look at the price of Iron for example, it's had a bumper year so far.
 
sammy said:
The Silver price rally isn't related to this event, its part of a larger rise in commodity prices across the board. Look at the price of Iron for example, it's had a bumper year so far.

Bumper ??? - that is the tiny blip up on this 5 year chart - not exactly a moonshot? Today we are at $56

1302_ironore.png
 
I started stacking iron ore at $700 a tonne. I must admit storage is a problem, and my back is killing me.
 
1302_ironore.png


GraphEngine.ashx


Seems to be nice correlation between commodities?
Is the iron ore price being manipulated too? :/
 
sammysilver said:
I started stacking iron ore at $700 a tonne. I must admit storage is a problem, and my back is killing me.

Should buy Stacks scrap metal cars, they have Wheels on them, easy to move around. hint
 
Ronnie 666 said:
sammy said:
The Silver price rally isn't related to this event, its part of a larger rise in commodity prices across the board. Look at the price of Iron for example, it's had a bumper year so far.

Bumper ??? - that is the tiny blip up on this 5 year chart - not exactly a moonshot? Today we are at $56

http://forums.silverstackers.com/uploads/1302_ironore.png


I'm not speaking for the past 5 years, just this year only and it's gone from $40-odd to nearly $55. That's a good return in anyones book for only 4 months.

Now the Deutche bank decision has nothing to do with the rise in iron ore, oil or any of the other commodities that are on the rise at the moment.
 
At a weekly meet earlier this year when silver was Sub $19, I entertained the thought of borrowing against each dollar of silver, reinvesting the proceeds into more silver, borrowing against that and so on. My assumption being that silver would double by this Christmas. However, there is cheap money for the corps, and not so cheap money for the hoi polloi.
 
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