silver price manipulation whistle blower assassination attempt

MrEnglish

So what? If I want to help someone get a new suit, whats that got to do with the silver fraud? Lets stay on topic.

8 banks closed down on Friday..Link to article...

Goldman should have been the 9th and a lot more to come.

http://finance.yahoo.com/news/8-banks-close-in-Calif-Fla-apf-1929118109.html?x=0

Silver prices to zoom if manipulation is proved

"At just over $18 per ounce, silver is heavily underpriced considering both its historical prices, as well as the amount of inflation in the years since.- Take these figures to the bank. If the silver markets are manipulated, silver will sky rocket. If they aren't (by some miracle), you lose nothing. Now that's a bet worth taking!"

http://www.commodityonline.com/news/...27411-3-1.html


Lots of opinions by uneducated folks on here, how about some links or something substantial trying to disprove the story of the manipulation or the attack on the whistleblower?

A post of someone`s opinion is more credible if there is a convincing link with it please

Really2

More manipulation.

down 4.6% in one day. :eek: ouch.

RDB

Appeal to the telegraph to cover the story. Show the telegraph that their attempt to stop us finding out what we already know is futile, so why not cover the story. The NY Post had the balls to cover it. After all this attack happened in London.

Look how many are asking the Telegraph to cover the story

http://www.youtube.com/watch?v=MnBZVgKvpbI&playnext_from=TL&videos=WWR4-v94Vdo

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7593262/Precious-metals-prove-white-hot-for-investors.html?state=target#postacomment&postingId=7609345

" I agree silver is the dark horse. As proved by this article not discussing it has more industrial uses than all other metals combined and that the world's stockpile is at a 5,000yr low. Why is that the telegraph has not reported on the Andrew Maguire silver whistle-blower story? and his subsequent attempted murder? After all it did happen in London. Even the NY Post has the guts to write story - http://www.nypost.com/p/news/business/metal_are_in_the_pits_2arTlGNbMK7mb1uJeVHb0O "


http://www.youtube.com/watch?v=MnBZVgKvpbI&playnext_from=TL&videos=WWR4-v94Vdo

novazombie

Robert Kiyosaki of Rich Dad says exact quote "there is less silver in the Earths surface than gold, so buy silver, kinda logical" here at 3:03 min

http://www.youtube.com/watch?v=vWl_0Bf6_yk&playnext_from=TL&videos=AXFuNJnSCq8

Everyone says there is more gold than silver on planet Earth, I thought that was because of silver stockpiles all have run out due to industrial demand.

If there is more gold in the Earth`s surface than silver, more gold in storage than silver and gold is not used up like silver is used up in industry, then here is my question-


Why is silver still 65 times cheaper than gold? If the price is not manipulated then what the hell is going on?

MrEnglish

Ever since the Golman Sachs story broke my sig has said JPMorgan next, I wrote that well before this happened today

BREAKING: JPM under investigation for Silver Manipulation!! Dep of Justice - anti-trust division... sounds pretty serious.

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/5/1_Ted_Butler_on_the_Metals_Market.html

First heard about it from this guy

http://www.youtube.com/watch?v=0gQytWGF6A8&playnext_from=TL&videos=uNRvTP54Gz4&feature=sub

sabretoothtigger

Gives the regulators something to do I guess. I cant see what the hidden advantage is, the price will go up anyway if people need silver more then its readily available

Silver is very high so anyone shorting is doing pretty crap surely

MrEnglish

sabretoothtigger wrote: »

Silver is very high so anyone shorting is doing pretty crap surely

Silver is not high at all. Look at the price of gold and silver charts for last hundred years.

The last high in 1980 was $52 for silver and $850 for gold.

Well gold has shot through that but silver is nowhere near (yet) its still way down.


Anyway about the Goldman Sachs and JP Morgan investigations this interview has just been released

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/5/1_Jim_Rickards.html

Even if they get out of it somehow, they will find it hard to keep the silver price down from now on.

If this hits the main stream media Silver will blast off like a rocket!

Really2

MrEnglish wrote: »

Silver is not high at all. Look at the price of gold and silver charts for last hundred years.

Yes we all buy silver cutlery, vases, teapots etc now don't we? And our silver coins are still silver arn't they?

Gold is worth worth more now because it is still used for the same if not more now than 100 years ago.

Silvers only use now are electric solder and cheap jewellery (but it tarnishes so that is why it is a lot less popular than gold).

What can silver do that no other can metal, substance or fibre optics can't do?

Also production how is it looking over time?
Silver.


And gold?


Looks like silver is coming out the ground a lot quicker than gold also, so much for it all of it already been mined.

Infact it looks like gold as gone past peak production not silver.

MrEnglish

Really2 70% of silver coming out of mines is a byproduct of other things. With the price pushed down so much only 2 primary silver producers are making a profit. All the others are producing silver even if it costs more to get it than you can sell it for, they still have to because its a byproduct from refining out the other metals.

Anyway predictions are from the CPM group and people like Robert Kyiosaki (google them) that by 2020 there will be hardly any silver left to be mined.

The price is so low that its not worth prospecting companies even looking for more silver to mine. Even if they did find more, it takes over a decade from finding to actually pulling it out of the ground.



Also you are wrong about how much silver is used in industry, Silver is needed in almost EVERY electronic item we use in modern day life.

No more silver - no more phones/computers etc etc.


But thank you Really2 for a mature well researched post, it makes a change from some on here. Can you show where those charts came from?

RDB

I think it all depends on demand, both are relatively rare. I think the monetary demand for gold in the short run will give it bigger gains; however this silver manipulation case might cause silver to skyrocket.