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jt
86 Comments
Gold Miners: Amazingly Cheap
OPEC to Cut Production at Friday Meeting, but Will Prices React?
Go look at JPMorgain4Elites and their derivatives book. They are more or less now the pseudoprivate/public trading face of the Fed as co-owners, and likely are impervious now to any fraud or criminal charges as they would probably claim "national interest.". They now have over $100 Trillion (yes with a "T") in derivative risk...and if you look farther, most of it is shorts against the entire commodities complex...they hold nearly 90% of the short position against gold and silver for instance on the CRIMEX.
The CFTC was set up to prevent such manipulative positions. They certainly have in the past made a big to-do about "long" manipulative positions, and there was one copper short that had to get religion quick as I recall, but o/w the CFTC has not only allowed it, but when it has been repeatedly pointed out that these short positions are manipulative to the max, have stated they looked into it and found NOTHING amiss. Kinda like a cop watching mafioso bullies beating up a shopowner who's trying to make an independent living w/o buying "protection" and reporting that he saw "business as usual"...nothing noteworthy.
JPM singlehandedly brot down NG futures and then hanged Amaranth out to dry with their long position on NG (esp after Amaranth doubled down their position). JPM then bought up their positions on the mega-cheap and actually hired some of their top people.
This is govt and Shadow govt bankster manipulation of markets. This isn't real world where little has changed in the supply / demand dynamics. And that goes for the entire commodities complex. This is the takedown before the election combined with the gangster banksters doing "everything at their disposal" ...as was stated by their Mafia head here in the States, Comrade HankyPanky Paulson...to keep the sheeple people from taking their money out of the stock market and dollars and putting into the only historical store and preserver of wealth: gold (and silver), esp as the financial system reveals its inner corruption and putrefication.
The rest is just the politicoeconomic MSM (mainstream media) farcical drama given to the sheep to keep them entertained and glued to their TVs while the banksters rob them blind.
jt
Stagflation or Deflation?
Despite what our fraudulent fiat system and its rulers are doing to most Americans, and actually to the working citizens of nearly ALL countries, most will choose to believe the lies, the spin, the Goldilocks fantasy tale continually spun out to a gullible public by those who have become sickenly rich from it. WAKE UP!!!!! You are in the final chapters of the Fall of the American Empire, and you don't even know it!!!!
Philman, I agree with most of what you say, except that you are absolutely wrong about the fact that we are no longer on a gold standard. That is a lie TPTB want you to believe. We are and always HAVE been on the gold standard. If not, the only value gold would have would be the value industry gave to it for its various industrial applications, or that jewelers gave it...and it's valued WAY above that. Gold is and has been money for millenia.
The fraud of fiat currency is not new...it has been perpetrated on its people by many govts. And the outcome has ALWAYS been the same...collapse of the paper and return to some sort of a gold standard. But we are now in the worst financial / monetary crisis in the history of the world for the simple reason that the fiat fraud is so widespread, involving as it does essentially the whole world, being perpetrated for decades and even centuries now by the banker family of all bankers, the Rothschilds, who still control from ShadowLand nearly 1/2 of the world's wealth, and with that wealth its governments. As Nathan Mayer Rothschild boasted in 1815--""I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply."
Just as an aside, before we attacked Iraq, there were only 7 countries in the world w/o a Rothschild family controlled central bank--Iraq, Afghanistan, Iran, North Korea, Sudan, Cuba, and Libya. Now there are only five: Iran, North Korea, Sudan, Cuba, and Libya. jt
Four Reasons Why Gold's a Slam Dunk Investment
Gold Is Nocturnal Too: Daytime vs Overnight Performance
How to Explain Fiat Currency to Silverbugs
Is This the Death of Gold & Silver Stocks?
Gold Train: All Aboard
We've discussed it as a group and are all agreed that YOU most certainly should buy dirt instead...we have a few other people in mind for this cheap worthless gold, so if you wouldn't mind, please don't buy any of it. And we would encourage you to take very good care of that dirt as we fully intend to revisit this topic in say 3-5 years and relieve you of ALL the dirt you've amassed at that time for a few oz of worthless gold.
Don't get dirty...
Frank Barbera: Precious Metals Heading to All-Time Highs
PS...perhaps you have a book out expounding on all of this "stuff"...I'... sure it must cost a fortune, since it would undoubtedly contain ALL the wisdom of the ages...stuff mere mortals would pay dearly to know. And please...before you waste your energy tossing down a bolt of lightning at me, just know I'm protected--I have a tin-foil hat on...your majesty. Just to save you the time and effort, as I'm sure you have all kinds of other more important things to do--lives to save, wars to oversee, and perhaps some mortal women to get pregnant or such...etc etc etc...
Sorry, There Is No Silver Conspiracy
And he uses the term "commercial" losely. Butler has just shown that these "commercials"... are not commercials at all, but BANKS, who have NO commercial interest in silver or gold (except...and this is really the elephant in the living room...as CURRENCY...in competition with their fiat!!). Commercials by definition, to be allowed to hold the kinds of positions they can on the COMEX and with their special margin allowances, are supposed to be those who actually buy the physical metal as normal course in their particular business, in order to hedge prices against drops / jumps. These huge shorts...those who put on the absolutely HUMUNGOUS shorts directly before the tank in the prices of silver and gold...are banks!!!!
Others have all but proven that the only banks that could have done this are those connected to (actually part owners of) the Fed itself!!! IE, it would appear quite probable that the Fed, thru it's bullion bank / investment bank lackies / owners tanked the gold and silver markets, using OUR money, to stifle, or try to stifle, the one and only REAL competition to their useless fiat "money" hegemony.
Now...there's some meat to chew on, otto...and we don't have our names under the article presuming to be the "expert." But even we non-experts seem to know a whole lot more about this topic than the "expert"...i... would appear. Find Butler's article, otto...read...learn......
Sorry, There Is No Silver Conspiracy
And don't even let "investment" come into your thinking. Just consider it trading in pieces of paper on their way to finding their true innate value for REAL money that has and always has had REAL value...thru all time periods and thruout the world. If the investment part turns out well (as most of us suspect it will)...hey, that's a bonus. In the meantime, it's about wealth preservation. If you're willing to trust your wealth to the full faith and credit of the USGovt...hey...buy up that green paper and stuff it under mattress. jt
Sorry, There Is No Silver Conspiracy
"Thanks for all the ad-hom comments that only show your lack of decent, mature rebuttals."
You ask to get beat up by the disdainful, in-your-face title of your article, then you whine when it has the if not desired results, then results that should have been expected. You proved nothing. You just threw out some data and a few lines of condescending "thought" and somehow expected that those of us who have been following this and involved in it for years would go WOW!!!...Otto...you ROCK man!!! Your article calls US stupid!!!...yet you get your hackles up when we return the favor. Then you shouldn't be writing these kinds of articles...you need some thicker skin first...or better yet...better information.
"Meanwhile, would anyone like to address the three points made in the article...."
Meanwhile, why don't you address the points in Ted Butler's article?...maybe that would give YOU some point of entry into what WE know and what WE think...if you actually give a crap. If all you wanted to do was spit out an article blasting "conspiracy theorists"...well dude...Congrats!! You just did it!! Walk away with a sense of accomplishment. If you think you already know everything there is to know about the topic (as it would appear)...you will be treated with disdain by those who obviously know a lot more. If you want to learn, then perhaps you should follow the advice of those here who I guarantee you DO know more, and get some more and better information.
In the meantime...if you can't take the heat...get out of the kitchen.....
Sorry, There Is No Silver Conspiracy
(But DO read Ted Butler's article...unless you, too, just like to reject anything called a "conspiracy" out of hand...in which case enjoy life in LaLaLand, but remember...LaLaLands and their inhabitants tend to suffer frightful ends when the "conspiracies&quo... out of "nowhere" turn out to be realities.)
Sorry, There Is No Silver Conspiracy
The link...paste it together if necessary...is
news.goldseek.com/
TedButler/1219417552.p...
And the last line should read "there-ain't-no-s... society" (or "there ain't no silver conspiracy society" if the compiler doesn't like all those hyphens perhaps?)
Sorry, There Is No Silver Conspiracy
Sheesh, Otto, I've read a few of your articles on mining companies and country risks, etc. Not bad my boy. You should stick to something you know something about. Your article reminds me of Archie Bunker in his LaZBoy chair pontificating on all known world topics who upon seeing some Arabic woman completely covered up walking outside in the hot Middle Eastern sun has a moment of revelation and yells to Edith that he now knows why erl [that's oil, of course ;)] prices are so high, and Edith in her screeching voice asks why is that, Archie, and he reveals that it's b/c they have to keep their A/C so high it must use up 80-90% of all the erl on the planet, along with almost all the camel patties found in that there neighborhood, or whatever else it is dem Arabs use.
How in the world are you missing the elephant in the living room, Otto?? You've been stepping in it's patties for years now. Forget the word "conspiracy"... been successfully demonized by TPTB thru the MSM. Go read Ted Butler's recent article (end of last week-- news.goldseek.com/TedB...) called "The Smoking Gun." Go look at those numbers, then go read up on what the CFTC is supposed to be there to prevent. Then come back and give us a report on the article and the data...that is if your ego isn't too big to admit that the there-ain't-no-silver-... society needs to grab their seeing-eye dogs, go home and rethink this thing. jt