COMEX Silver Price Manipulation Heats Up


www.investmentrarities.com Ted Butler is calling for a public webcast in front of a public audience to settle the price manipulation once and for all. CFTC have done this in the past, there should be no qualms, given the evidence presented to the CFTC for silver price manipulation to do this again for Silver.

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Wednesday, February 17th, 2010 Gold Stock Market

25 Comments to COMEX Silver Price Manipulation Heats Up

  1. Well the market cant fight demand forever. They can try to control the prices as long as there is a healthy supply. When the supply dries up and they have to call in all there leases and loans then is when we profit. By us buying we continue to short their supply and force them to call in faster then they can. What I want to is how the NY globex and london always manage to deflate the spot value. I watch them do it but HOW are they doing it is my question.

  2. devience666 on February 17th, 2010
  3. So you say manipualtion is going on right now, so makes you think it will not keep happening for more time to come, hence, the price drop not rise, only until there is no manipulation will you ever see any profits, and right now or in the near future I don;t see that happening, sad to say my friends. I hope I’m wrong!

  4. hiphopsocnroc on February 17th, 2010
  5. the i kilo coin from Canada is a good size
    they are loaded with gold there
    and I suspect the new North American dollar
    will arbitrarily price gold at around 200$ an oz
    and silver at 5 $ an oz
    this would complete the complete rip off of Every American
    I plan to sell my gold and silver before 2010 is over and hopefully time it before the new North American dollar is released
    be careful out there they are manipulating scamming and ripping off everyone
    I doubt gold buyers will escape

  6. dave777blaster on February 17th, 2010
  7. All my bars are 20 oz (for that reason – I thought if the shit hits the fan they will be easier to liquidate.) Costs a bit more per unit but not much – like 1% or sumpn I think.

  8. Brainman94 on February 17th, 2010
  9. So you will be rich :)

  10. yogiudo on February 17th, 2010
  11. AGREE! If that happens then yes, I wont be selling for any paper money naturally…

  12. stellaconcepts on February 17th, 2010
  13. Oh..

    When paper money collapses, the purchasing power typically goes into gold, silver, and then secondly into coins.

    If a role of pennies will buy you a donut before the collapse, it will buy you at least the same amount of donuts after the collapse.

    But what it means is that all of the purchasing power of all of the fiat credit + paper dollars will be worth 0 and whatever the total value of all of that money is will be divided into the total existing silver + gold + coins values.

  14. yogiudo on February 17th, 2010
  15. Now I’m confused.. not sure what you mean.

  16. stellaconcepts on February 17th, 2010
  17. Yes, but don’t forget – all things are relative.
    99% of the people out there don’t own more than 3-4 oz of silver. So, if there is a dollar collapse all of the existing wealth will be transferred from the dollar holders into the silver / gold holders.

    Do the math. If you are thinking about selling Silver at 500 dollars an oz you are not seeing the big picture – (not saying you don’t see it..)

  18. yogiudo on February 17th, 2010
  19. Again – I must say its relative dude… just put whatever you can afford into it. if you have 100oz thinking thats enough – when the shit hits the fan u’ll wish you had even more…

  20. stellaconcepts on February 17th, 2010
  21. I just mean – how many oz do you think will be enough to protect yourself in the collapse?

    Right now, all told I’ve got ~100 – 200 physical oz and 100 paper silver certificate.

    And a couple oz of gold..
    Obviously I could increase that drastically if I wanted, but I don’t want to go overboard either…

  22. yogiudo on February 17th, 2010
  23. if you mean what is the best bar/size to buy – I am buying mostly 1kg bars (32oz per bar).

    I have some 100oz but not ultra keen on them remember, if silver goes to $200 – just a 100oz bar will cost $20,000 – so it will be a harder thing to sell privately (without having to go through paperwork).

  24. stellaconcepts on February 17th, 2010
  25. I mean, is as a weight about – 100 oz, 200 oz, 1000 oz ?

    What do you think is a fair amount?

  26. yogiudo on February 18th, 2010
  27. thats a relative question… but me for example, while its under $20 Australian, I am committed to putting whatever cash I can muster in Silver. I’m working around the clock to earn as much as I can to get as much as I can.

  28. stellaconcepts on February 18th, 2010
  29. Define loaded.

    Great video btw – question – how much physical Silver should we have? (Obviously the more the better) – but if we had to choose an amount for the average Joe.

  30. yogiudo on February 18th, 2010
  31. I dont think anyone can guess short term – may happen – may not. as long as ur loaded with white shiny metals u’ll be ok in the long run.

  32. stellaconcepts on February 18th, 2010
  33. Has the theory that the ’shorts’ coupled with the bond market, which are supposed to temporarily crash the price of silver, deserted?

  34. keyedlock on February 18th, 2010
  35. The issue isn’t whether they are allowed to short silver in a free market as much as whether the COMEX has the physical to back up the shorts.

  36. ltse on February 18th, 2010
  37. China Short Silver? Don’t think so… They would be long silver as they represent a large chunk of silver consumption

    maybe for hedging purposes only.. but no – its a bank… ted butler mentions who they are – ill try and find the article.

  38. stellaconcepts on February 18th, 2010
  39. China?

  40. linux23dragon2008 on February 18th, 2010
  41. wonderfull….we are revolting against the fiat currency that the elite force us to use. this is great info. keep it comming!!!!

  42. fancychance57 on February 18th, 2010
  43. John, thank you! And I have not been following Ted Butler, so I learned quite a bit this evening.

    Five-by

  44. Frequencitee on February 18th, 2010
  45. Well, to summarize that incoherent dribble I posted above; I see two peak points that are wealth transforming.

    a) A point when there is obviously not enough Silver available to meet industrial requirements because it hasn’t been mined and the miners aren’t mining yet..

    b) When Silver is being mined at a pace below that which is required to forward those objectives for which Silver is required. i.e. medical patents, oil exploration and capture, harnessing solar energy, etc….

  46. Frequencitee on February 18th, 2010
  47. Absolutely, mate! These big-timers appear to have the upper-hand, but there is bound to be a point in our future where the intrinsic value for industrial use drives demand to a point that outpaces paper assets; thus exposing that paper assets are clearly bunk against the physical stuff. No one has found a way to use paper where in applications where metals are essential; with exception to trading physicals where physicals do not exist. ==>

  48. Frequencitee on February 18th, 2010
  49. The CFTC no more wants to address this than the US Supreme Court wanted to address Obama’s eligibility to be president (based on his own acknowledgment of being born subject to the British Crown through his Kenyan father). Big, important issues surrounding established law, but it would inconvenience too many important, powerful people to enforce those laws, so just ignore them. Laws are only for little people. =’[.]‘=

  50. Raycheetah on February 18th, 2010

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