silver price manipulation whistle blower assassination attempt

MrEnglish

Im interested in sceptic`s comments after listening to this.

http://www.youtube.com/watch?v=yLxoeLqQMlw&playnext_from=TL&videos=pCZlERrzud0

Please only comment when you fully understand the situation.

harryhound

As fiat currencies have been built on the basic lie ("give me your gold and I will give you a receipt and keep it safe for you"), the issuers of the currency have to break any attempt to get back to gold/silver.

In the USA (with a little help from the UK etc.) in the 1930's the then depression was a lot worse than this time round.
The politicians & bankers have learned that while faith in paper remains it is possible to replace the money in the bad debts that has gone to money heaven; just quantitatively ease it. (As last year's joke/wise-saying went "Why not just take it up in helicopters and let the wind distribute it rather than give it to the banking system ?" - the answer is obvious: If it came out of helicopters nobody would trust it).
During the 1930's there was still a tradition of trusting gold in the West; so before governments could get to quantitative easing & deficit financing, that trust had to be broken or the new money would simply be turned into gold (and silver) and stuck under the floor boards and "the buddly can you spare me a dime" 20 - 25% of the USA population, would be kept in penury with the only thing that gave them any leverage being their vote.

So as part of the "New Deal" (and the subsequent rearmament/war) the gold bugs had to be broken. Similar concerted raids were conducted on the gold market until the gold price could be fixed at 35$ per oz. There it remained until it became so obviously out of line with reality that it was overwhelmed by the wave of fiat dollars released into the world economy by the Vietnam War.

I would be very surprised if concerted attempts to stop silver becoming currency were NOT being made at the moment.

Step one must be "break the silver bugs" and only then can we take on the gold bugs
This time round it is the Asians who have the money and they still have a history of trusting gold..
Given the amount of free dollars, now slopping about in the world economy in financial markets, with a turnover many tens of times the turnover in real goods and services, that sounds like a difficult call.

http://en.wikipedia.org/wiki/Great_Depression_in_the_United_States

http://www.goldprice.org/dollarcollapse/
(Note the date)

http://www.finfacts.ie/Private/curency/goldmarketprice.htm

http://www.tnr.com/article/world/double-down?page=0,0

http://www.silverpatriot.com/archive/letter41.htm

econo_2

Thanks MR English.

I've been following this story. It appears to have some weight with the fact the guy has given specific data to CTFC for future moves prior to manipulation that has then happened exactly has he had stated.

It does seem remarkable that journalists for big media are not doing there job to at least investigate this story a little, but we'll see as the story progresses.

Link of actual hearings where this has come up.

http://www.youtube.com/watch?v=-3fi6gll9vA&feature=related


http://www.youtube.com/watch?v=Sl2zi3khUFI&NR=1

MrEnglish

If the regulators the CFTC do finally start doing their job, then we will once again have a free market.

They say they will :-




THE MISSION OF THE
CFTC
IS TO PROTECT MARKET
USERS AND THE PUBLIC
FROM FRAUD,
MANIPULATION, AND ABUSIVE
PRACTICES RELATED TO THE
SALE OF COMMODITY
FUTURES AND OPTIONS, AND
TO FOSTER OPEN,
COMPETITIVE, AND
FINANCIALLY SOUND
COMMODITY FUTURES AND
OPTION MARKETS

CFTC, obey your plaque!


Assuming we do have a free market and the manipulation is over, what are the free market prices for silver and gold?

Not priced in fiat currencies but value compared to real estate.

I think 1000 oz of silver or 100 oz of gold are the same value as 1 medium house in London.

econo_2

Cleaver wrote: »

Firstly, is a couple of companies manipulating the precious metals market 'the biggest scam in the history of the world'?



I love how conspiracy theorists often jump to the complicated and illogical conclusion rather than a simple and logical one. Rather than a 'cover up' keeping this from the mainstream news wouldn't it actually be the fact that the general public seem more interested in what shoes Cheryl Cole is wearing rather than the goings on of a precious metals trading market? This seems to me to be the logical, simple reason why this story isn't on the front pages of newspapers etc.

Considering the allegations are against a financial powerhouse and it is a very new story many will probably be awaiting an outcome from any investigations that are underway and simply not enough is known about the actual complexities of the alleged manipulations.


I cannot believe that the guy has not sent similar evidence of fraud to the FSA (seeing he is London based) and if so it could be months before an outcome was announced into any investigation.

Cheryl Cole's shoes only go so far, otherwise your logic would not have seen a number of recent stories on market abuse reported in the dinosaur media which they have been. One that springs to mind being the arrest of Deutsche Bank and hedge fund Moore Capital employees a week or two back for insider trading.

MrEnglish

Tony Blair now works for the Silver cartels JP Morgan etc.

The people behind this fraud wont go down easily, but now its out of the bag there is no escaping the truth.

They have done a good job keeping it all off the front page.

DiggerUK

MrEnglish wrote: »

........They have done a good job keeping it all off the front page.

What, as in keeping the worst kept secret in the world, off the front pages since March 1962?

"....The Treasury is making it unprofitable to speculate in foreign currencies and gold. It has begun 1) to buy and sell foreign currencies to keep their prices stable relative to the dollar, and 2) to sell some gold on the London market to keep prices low. Last month, for the first time in 18 months, London gold prices dipped fractionally below the U.S. support level....."

Read more: http://www.time.com/time/magazine/article/0,9171,829147-1,00.html

Always puzzles me, how the conspiracy theorists overlook the fact that from 12GBP an ounce in 1962, gold is at 740GBP today.
After nearly 50 years "manipulating" the price of gold down, and failing, you would think that they would have realised they had failed.
So why on earth does anybody believe this nonsense.

How exactly do you manipulate the Silver Market and succeed, were the Bunker Hunt brothers failed?

DiggerUK

MrEnglish, "Since this came out Silver is now at all time highs in sterling".

No it isn't, check prices at start of 2008, and the Bunker Hunt raid in the 80's.

MrEnglish

DiggerUK wrote: »

Always puzzles me, how the conspiracy theorists overlook the fact that from 12GBP an ounce in 1962, gold is at 740GBP today. [/COLOR]
After nearly 50 years "manipulating" the price of gold down, and failing, you would think that they would have realised they had failed.
So why on earth does anybody believe this nonsense.[/LEFT]

How exactly do you manipulate the Silver Market and succeed, were the Bunker Hunt brothers failed?

Yes they are losing control, but going up from the price it was in 1962 to the price today is nothing compared to the expansion of the worlds currencies supply.

To catch up with the amount of paper gold needs to be over 15K oz.

DiggerUK

MrEnglish wrote: »

Yes they are losing control, but going up from the price it was in 1962 to the price today is nothing compared to the expansion of the worlds currencies supply.
To catch up with the amount of paper gold needs to be over 15K oz.

Address the point of my post.

Your assertion that secret cabals of central bankers, and secret cabals of CEO's from bullion banks are manipulating the precious metals market is just claptrap.
What the trader reported is just speculative fancies. The accident he was involved in was not some Stasi type plot to shut him up.
If they were going to top him, they would have done it before his testimony, not afterwards. Did you never watch Scarface?