silver price manipulation whistle blower assassination attempt

Generali

MrEnglish wrote: »

Ha

Me I just save 10% of my income in physical silver bullion.

I am very pleased I have been doing this as its now worth far more than I paid.

If those interviews are anything to go by we havent seen anything yet!

Why do you think that silver is undervalued compared to other real assets or claims against real assets (eg land, shares, corporate bonds) please?

Asheron

ratio of gold to silver was always between 10:1

MrEnglish

Well, if you read the Wall Street Journal, you’ll never know what happened at the hearing and whether the CFTC paid any attention to them, but, if you look elsewhere, you’ll read about all kinds of interesting developments during and after the meeting.

Here’s a partial list: You can google hundreds of others about the biggest fraud ever.

GATA’s evidence of silver and gold manipulation at CFTC hearing – Mineweb
CFTC Gets Facts of Bullion Manipulation – Numismaster
JP Morgan Chase Caught Manipulating Gold & Silver Market – Firedog Lake
Whistleblower Speaks Out On JP Morgan Market Manipulation – Jesse’s Cafe
Former Goldman Analyst Confirms LMBA Gold Market Is “Paper Gold” Ponzi – Zero Hedge
Whistleblower in Silver Manipulation Struck by Hit and Run Car In London – Jesse’s Cafe
King World Interview with Andrew Maguire the Silver Market ‘Whistleblower’ – Jesse’s Cafe
King Interview With GATA On The Biggest Gold Manipulation Story Disclosed – Zero Hedge

Now, of all the sources above, the Mineweb story is probably the most mainstream and they had a few interesting observations and conclusions:

Some observers feel that the Gold Anti Trust Association (GATA’s) long held views on a conspiracy by some major banks and government entities to manipulate precious metals prices are off-target, but the latest evidence produced by GATA chairman Bill Murphy in open testimony at the CFTC hearing is compelling assuming the source material is accurate.

The evidence came in the form of a series of emails, and accompanying commentary, from a London metals trader, Andrew Maguire, who contacted GATA on March 23rd regarding alleged rigging of the precious metals markets by JP Morgan among others, through shorting the markets around key economic data releases, describing in detail how this is achieved. Maguire, Murphy contends, informed the CFTC enforcement division of this market manipulation ahead of the release of farm payroll data in February this year and set out not only how the manipulation would be achieved two days in advance, but also sent real time emails to the CFTC investigators as the alleged manipulation was taking place. According to Murphy the metals prices followed the scenario precisely – something which he felt could not be predicted without prior knowledge of the manipulation of the markets by major players with huge financial clout.

Now, why couldn’t the Wall Street Journal report something like that?

It seems to be a rather important development and one that anyone even remotely related to the gold and silver market would surely be interested in.

wageslave

I am really into silver, I have a Pandora charm bracelet I absolutely adore.

Cheryl Coles shoes are always of interest though.

Mr English have you met Asheron yet?

You will so get on..............

MrEnglish

Silver is scarcer now than ever before due to the fact that on average, modern industrial nations have consumed about 6/10ths of an ounce of silver per person a year since 1945. That usage has consumed about 90% of the silver mined in the history of the world. The scarcity of silver is now being recognized by its users. See "Silver Users Fear Silver Shortage" at http://silverstockreport.com/silvershortage

It is "first come, first served"! And those who buy silver first will benefit the most.




http://www.youtube.com/watch?v=a9-bOinwh9Y&playnext_from=TL&videos=Uubt54izF2g

econo_2

Asheron wrote: »

ratio of gold to silver was always between 10:1

The gold silver spot ratio in the 20th Century was 1:47 I don't know about a 1:10 ratio anywhere even if you go back to the 19 Century it was in the 20's.

At present it's in the 60's which would signify to many that it is currently undervalued in relation to it's historical track of gold but this is not really what the subject was about.

I'm not interested in potential conspiracy theories, merely that a trader has made some pretty explosive claims with the obvious risk of being sued by JP Morgan for one, and it is amazing with all that has happened over the last 2 years or so in regard fraud throughout global markets, so many appear to give moronic regulators so much respect and dismiss it out of hand entirely. Madoff for one appeared best of buddies with these fools for decades. I wonder what the reaction here would have been if similar claims were made of him say 15 years ago?

I will remain open minded and see what comes of it all.

MrEnglish

Many times in history the gold/silver ratio has been less than 1:10, Ancient Egypt and the Ming Dynasty in China Gold and Silver were worth the same for example.

But the long term average for the last several thousand years has been 10 parts silver worth the same as 1 part gold.

Recent times have been way out of wack, silver is far too cheap compared with gold.



You make a good point about JP Morgan, why didnt they just try and sue the guy in London instead of trying to kill him!

MrEnglish

Wow Silver is just going up and up and up.

But this guy doesnt want a free market just yet, he wants the price to stay down a bit longer.

http://www.youtube.com/watch?v=1IwjoMK461A&playnext_from=TL&videos=j-z2zuxe2BI

Really2

How desperate is this thread?

Can it be shut now as it only seems to be a running commentary by the OP to ramp where he as put his money.

You ain't going to cause a silver stampede on here. It' still nearly 10% below what it was 3 months ago.

MrEnglish

Really2 wrote: »

How desperate is this thread?

Can it be shut now as it only seems to be a running commentary by the OP to ramp where he as put his money.

You ain't going to cause a silver stampede on here. It' still nearly 10% below what it was 3 months ago.

Silver is almost 12 quid an oz.

You must be looking at it in another currency.

We are talking about the biggest fraud ever. If you find this hard to believe find out why its being called the biggest fraud in history.