Australian (ASX) Stock Market Forum

Silver manipulation - the largest financial fraud in history

Gents why don't you just all confess, not to us but for the sakes of your poor families and yourselves, for being in an instrument that has underperformed other things that you hate like bank shares and oil since your wet dream came true in 08 - yet the world didn't end. :(:D

If there was really a market for bits of metal to put in a safe and look at from time to time the physical would be selling for higher than paper. But its not.


:p:

It depends. Not a right or wrong point here. I have a money flow system, and investing in Silver and Gold is a part of that system.

You have income, expenses and investments (that also give you income).
Gold and Silver is the last resort if you have money left to spear.

Better than leaving "all" of the unused money in a Bank. I can also use the gold silver ratios to increase my holdings at no paper expense too. (meaning not having to dip into the bank for extra cash)

I buy physical while it is still cheap and will continue to stack. It is always good to have real wealth in your portfolio.

Diversify!!
 
Yes Explod. But it you guys that are claiming that this is "the largest financial fraud in history"

Yea, it should read "Possibly the largest financial fraud in history"

I'm simply saying it aint. If you guys wanna play the cash dollar devaluing there are better ways to profit from it.

Yep, cool, ok.

Thats why, imo, PMs have not been the great break out trade recently, oil, equities & risk currencies will/have been.

Yep, cool, ok.

And as much as you dudes think Global Macro will flood into PMs I just don't see it. Interestingly for all the reasons that you bugs think that they will.

Yep, cool, ok.

And I could go on about the reasons why that is so but whenever you discuss this topic with bugs you cannot get to a decent discussion point because so much energy is wasting in dealing with BS.

What sort of BS are you dealing with on this matter?
 
Not true. In fact probably the opposite. I spend every day from 7am till midnight thinking about it.

EXACTLY. Thats why the shorters/speculators are doing a great service to today's wage earner and future generations. In any product stocks, futs & PM. Shorters limit price, maybe, or make sure something stays closer to real value. What the gold bugs are wanting is financial armageddon just for their own benefit. You cannot dispute it. Fark the rest. They want the system to collapse? Then what?

Don't give me the righteous BS. If gold goes to $5000 people will starve. Then what??

I don't like the system of funny money spent today just to keep the pollies looking good for the next poll but I don't want to see the major currencies becoming worthless and all that will follow.



LOL. Gold bugs have the monopoly on big thinking do they?

This is not 100% correct. People also invest in Gold because they do not trust their government. If hyper inflation happens? It is due to both government spending, and exponential increase of the money supply. Other factors like debt well be involved too.

The worlds economic system is very vast and complex. Gold and Silver can go up in price during deflation too. But that is another story. We will face deflation you have never seen before in the future. I doubt many will have jobs to make a good living by then.

EDIT: China has been buying Silver and Gold for a while but have not effected the price of the market while doing so. That is buy choice, I also by on the dips.

To explain the 100% bit. Apart from China, 99% of people on the street do not know what Gold is priced at or why they should hold gold. They won't invest into the market until it is too late. So no, Gold investors won't cause the financial Armageddon. Only governments can do that due to excessive spending at the tax payers expense.
 
EDIT: China has been buying Silver and Gold for a while but have not effected the price of the market while doing so. That is buy choice, I also by on the dips.

To explain the 100% bit. Apart from China, 99% of people on the street do not know what Gold is priced at or why they should hold gold. They won't invest into the market until it is too late. So no, Gold investors won't cause the financial Armageddon. Only governments can do that due to excessive spending at the tax payers expense.

Gold yes, but do you have any proof for non-industrial buying of silver on a similar scale? (china that is)
 
Gold yes, but do you have any proof for non-industrial buying of silver on a similar scale? (china that is)

Hard to get that info directly. But lets see here:-






Not sure about this video. In Chinese it says:-

13日下午三点左右,武汉市晶银投资公司金融诈骗案受害者的代表五人来到北京,他们要在人大闭幕是向人大代表陈诉他们的冤情。
有2000人签字的控告书,博讯义工只拍摄部分材料。

Translates to:-

At 15:00 on the on the 13th or so, crystal silver investment company in Wuhan financial fraud on behalf of five victims arrived in Beijing, they are closing in the NPC deputies impact statements to their grievances.
2,000 people signed the indictment, Boxun volunteers take part of the materials only.

 
To explain the 100% bit. Apart from China, 99% of people on the street do not know what Gold is priced at or why they should hold gold.

I doubt that. Have you been to the US or Europe lately? There is more prime time ads on TV and tabloid print about buying gold than there is for Ab Circle Pro.

10299874-ab-circle-pro-ab-workout-system.jpg
 
I doubt that. Have you been to the US or Europe lately? There is more prime time ads on TV and tabloid print about buying gold than there is for Ab Circle Pro.

10299874-ab-circle-pro-ab-workout-system.jpg

Yeh all the dealers are wanting to buy it, particularly in the UK and here in Aus and they are only paying people for scrap at half price. Dont' worry the scammers know, Ageo could reveal more on this.
 
Yeh all the dealers are wanting to buy it, particularly in the UK and here in Aus and they are only paying people for scrap at half price. Dont' worry the scammers know, Ageo could reveal more on this.

Explod that is wrong. Have you been there? Have you seen an afternoon of TV in the states? Have you sat in a subway and seen the adds on the walls and in the trains?
 
Explod that is wrong. Have you been there? Have you seen an afternoon of TV in the states? Have you sat in a subway and seen the adds on the walls and in the trains?

Yea it is true. The scams are to sucker in the masses. Remember that people on the street have no idea what gold and silver investing is about. They are more into the cash like winning the jackpot.

A lot of people are in debt so they will part with gold.

Here is just one of those scams in the UK:-



True gold and Silver investors know better than to be played like that.
 
What is? You cannot seriously tell me that they are all about buying off punters in trouble. If you are you haven't been there. There is STACKs of ads on gold as the greatest ever investment?

Some of the replies in here really make me doubt the sanity of a few members on ASF........
 
Explod that is wrong. Have you been there? Have you seen an afternoon of TV in the states? Have you sat in a subway and seen the adds on the walls and in the trains?

It is not wrong. Have family there and a Son-in-law who also trades and holds physical bullion. I have been to the UK but not the US, however related Chuck Butler who writies the Daily Pfennig.

Son-in law states that there are signs on shopfronts everywhere seeking gold or gold jewerly.
 
LOL typical confirmation bias. I've been to the US 4 months ago and Europe before that explod, seen it with my own eyes.

You are full of it. Or your info is rubbish. Take ya pic.
 
Everything opened up but now have rolled over. EUR, oil & silver only ones still strong,

Sell the news or manipulation :confused::eek::cautious:
 
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