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Silver manipulation - the largest financial fraud in history

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Agentm said:
lol
if ever there was a run on gold and silver, then say goodnight to your investment.. unless you physically have it in hand you have got jack...
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Well I was referring to having it in your own vault or safety box. Most who are into having gold as a hedge have been aware of that for many years now.
 
I own rather a lot of energy company shares because I expect, based on my own analysis of energy industry fundamentals, that investment to make me a profit.

That doesn't mean I want petrol to cost $2 or $3 a litre and I know plenty of people who will be hit very hard if that happens. But I am not in a position to control the price of oil, I am simply choosing to invest according to something I expect to happen but have no control over.

Same with gold. If I expect the price to double in the near future then I'll buy gold. That doesn't mean I want to see some sort of armageddon, it simply means I expect something to occur and choose to invest accordingly.

Nobody buys something they expect to go down in value, at least not unless it's paying a pretty decent dividend to offset the capital loss or has some other non-capital benefit associated with it (eg people with political views who buy shares so they can attend shareholders' meetings etc).
 
Nah Smurf the bugs are different. Their metals are up near the highs yet they aren't happy.

They are screaming manipulation and telling everyone who will listen that its just not fair. And crooks are robbing them.

They want gold at $3000 and everything else worthless.
 

Never said that, but it seems whenever you talk its always about making cash and never about the long term future of our financial system. But i sense you do that to piss off the gold bugs and other world collapse believers.....??

P.S in the end thow i agree with you, learn the system today and rape it
 
Ageo said:
the long term future of our financial system.
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Here is a good article on gold (and silver) as money by Dominic Frisby for those who're interested.

Why Gold Is The Currency Of The Idle And Free
http://dominicfrisby.net/writing/why-gold-is-the-currency-of-the-idle-and-free

Some of the statements about wars are a bit off base but it's a really good one. There's an audio version as well.

(hey I'm glad this thread is online. I posted it 2 days ago at night and someone removed it a few minutes later. I had to email the admin to get it back online. It smelled like a conspiracy, haha.)
 

Thanks for putting up the link to that article. Some may say it is off topic but in fact the prescious metals, particularly silver is very much in the mix of tangible value and in the past part of value currencies.

There are of course plenty of good articles on gold and prescious metals and have recommended them many times in the past but some are so set in thier outlook will not even give the study of it another thought.

And T/H I do not want to see gold at 5000 and people starve, you obviously do not take in much of what I have posted overall the last four years or so. I would much prefer that governments and people did not live off debt beyond thier means and that all people had a job and that inflation did not eat away at savings. The rising price of P/Ms merely reflects those problems. An objective read of the article on the link put up by Miro will help those interested to realise those fundamentals.
 
Eplod you still haven't recognised my point. And I guess you're happier blaming manipulation instead and never will. That under the type of inflation we have seen up till now OTHER things will be a better bet against cash corrosion due to inflation.

I've said that for nearly 2 years. That's why I don't buy the bugs tears. They just have it wrong. They are in the wrong instrument.

Stop sooking about the conspiracy and swap over to the better stuff if you wanna play inflation.



TALK TO THAT.
 
Whole continents (South America, Africa) were pillaged to allow the Colonialists to get their hands on the gold to fund their religious wars.

Gold is not some benevolent force of good in the world. If it was the dominant currency then it too would be manipulated to allow for the excesses of humanity.
 
Bushman said:
Whole continents (South America, Africa) were pillaged to allow the Colonialists to get their hands on the gold to fund their religious wars.
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You gotta love the Gold Bugs double standards Bushman. This quote is from the link Miro posted,

Red bits blatant lies. But the gold bugs swallow it without the slightest amount of thought.

They are just full of BS at best, probably for them dangerously under equipped to draw their own conclusion from logic. In the very same paragraph (blue bits) they tell us of the bubbles that occurred under the gold standard and then claim that "gold as money such expansion would never have been possible".

Bugs stop sending me PMs about Weimer Republic & Von Measley. I've read it all and not just recently, for more than a decade. And like my post above, I will repeat, under the current conditions I don't buy the bugs tears of manipulation. They just have it wrong.

Someone please talk to that without a link to some comedian and voice over artist as an authority or a blogger named after a modern day anarchist who makes money out of selling Google AdSense links.
 
I thought this thread might have something to do with the attempt in the late 1970's early 1980's by two Businessmen to corner the world market on Silver, which saw the price of the Aud 1966 50c coin go through the roof.

The 1966 silver 50 cent coin was issued for circulation in great quantities (over 36 million were struck). In late 1966, rising silver prices caused the Canberra Mint to stop production of the coin.

The fifty cent was intended as a prestige coin to mark the inception of decimal currency. For this reason, it was struck in a richer silver than had been used in the previous 20 years. Despite Treasury warnings that it was unlikely that the .80 silver composition could be maintained in the face of rising world silver prices, and fears that the coin would fade out of circulation simply because the public would not use it, the Federal Treasurer, Harold Holt, and the Cabinet insisted that its issue proceed.

In less than 12 months, it was clear that both circumstances had occurred. Hoarding the coin became a national pastime. The public were extremely reluctant to part with any which came into their possession. The 1966-67 report of the Royal Australian Mint makes comment on this and also disclosed that the coin had proved difficult to strike.

On 20 March, 1968, the Federal Treasurer, William McMahon, advised Parliament that the silver content of the coin had reached 76c and that it was being progressively withdrawn from circulation.

At the peak of the silver boom in 1980 when silver reached over $50 per ounce, the bullion value of the coin exceeded $15. The subsequent collapse in the price of silver has led to some confusion as the current bullion value (and actual value for examples in less than uncirculated condition) has fallen to around $2.


Now that was manipulation.
 
It appears they say they have been double shorting this market 100:1 both ways (long and short positions) vs physical.



And it is worse than that. Evidence that one Bank inventory is depleted big time. NO wonder they can't deliver physical. I also feel sorry for the people paying monthly storage fees on "non-existing" Silver and Gold.

Harvey & Lenny Organ & Adrian Douglas: Drop Another Bombshell In What Could End Up Being The Largest Fraud In History -

This time a large international bank with almost 15 million customers in 50 countries around the world becomes part of this unfolding saga

http://kingworldnews.com/kingworldn...2010/4/7_Andrew_Maguire_&_Adrian_Douglas.html


Call for delivery now, or be happy with worthless paper. You choose
 

Actually, Since the money supply is over $25 Trillion USD? I would not be surprised to see Gold at $25,000 per ounce if it was inflation adjusted today.

The crises is not over, sovereign debt is defaulting all over the world. First Dubai and Greece is next. More to come.

Also, Gold and Silver is the Elites money. You know those guys that own all the illegal monopoly corporations, the money system and run the governments around the world?

.
 
Yeah $25,000 hey? Well you maybe right one day. Just no way in the world I'm going to wait for that as a way to make money. And miss out on playing the same theme as you think but getting the application right. As I've said bugs have it wrong.

PM aint where the party is.


By the way Greece has not defaulted. And you may want to check on the link between countries defaulting and your wet dreams coming true. They have always defaulted. In fact there has been less defaults in recent years than the average. You think thats going to get gold at $25,000? especially against the Skippy?
 

I said "and Greece is next"

And I said "if Gold is to be inflation adjusted" It can go to $25,000.00 per ounce if gold is to match money supply of $24 Trillion.

Gold correcting to match the money supply has happened before many times though out history. It happens when empires fall. This time the whole world is the Empire that will fall.

Why did Empires fall? They had gone off the gold standard, then increased the money supply. Then after many wars and more QE, they fall flat broke. Why does that happen? Because government loves power and control. Fiat money is debt and is our modern money mechanics. To have a dollar means it has debt. That debt is sold to investors and other governments in a form of a treasury bill. You can't have one without the other.

Gold and silver has no debt. It is real wealth. Has been money for over 6000 years.

Debt is control, Gold and Silver is freedom.
 
electronicmaster said:
I said "and Greece is next"
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Greece is about to get a bailout......


Why did Empires fall? They had gone off the gold standard, then increased the money supply. Gold and silver has no debt. It is real wealth. Has been money for over 6000 years.
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Remember those pills your psych gave you? I think it's about time you start taking them again.

Gold and Silver is freedom
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Lets see you try to pay for your shopping at coles with some sovereigns Muppet.

The Myth of the Gold Standard

http://www.lewrockwell.com/north/north177.html
 
>Apocalypto

Remember those pills your psych gave you? I think it's about time you start taking them again.
<
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So you reckon it can not happen this time; and looks like you do not know about the other times so maybe too dangerous for you to make diagnosis.

Lets see you try to pay for your shopping at coles with some sovereigns Muppet.

The Myth of the Gold Standard
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We will see about the myth in due course. When it all went pear shaped in Argentina there was no money to do the shopping, nor stock on the shelves anyway and it took a barrow load to buy a pie in the Wiemer Republic. You think history is a fairy tale maybe.

And as for Greece the debt in California, with many other states in the US in worse shape. But of course the rating agency who first isolated Greece for attention is a US firm.
 

I didn't read that article nor do i really care. all of you Muppet's that cry conspiracy, It's a laugh.

I just like to tip in when TH rubs it in to you all. Sure keep believing the world is coming to an end, I never read reports or give a damn, I just trade as I do this to make money, not to be some wanna-be barbecue economist!

cheers,
 

Cool, trade and make money. Trolling is off topic
 
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