Manipulating Precious Metals

If you're suspicious of market manipulation and the ongoing roller coaster ride, then it is time for you to find another investment vehicle. Market manipulation of stocks, precious metals, tulip bulbs and Beannie Babies has been going on for centuries.

 

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What most people call manipulation is actually just a functioning market. Manipulation ends up being the claim when something isnt shooting to the moon or the price they think it should be and 99% of the time no manipulation is actually occurring

 

I was just using the words being used.

 

I know, I was just expanding on it a bit

 

Agreed. It’s the system as designed and operating. Whether one agrees with it or not is actually immaterial.

 

Another round of margin calls coming today
If your equity investments take a dump, you are forced to sell something to cover
If you live by the sword, you die by the sword

 

One must wait. When the dollar crashes, and it surely will eventually, it will go the way of the notgeld, you will be
so very glad you stacked 100,000 ounces of silver. All your life wealth will be preserved. If you thought $30 an ounce was a lot you will understand it was really a bargain.

 

100k ounces of silver is a horrendous investment and no it wouldnt save you in a situation of complete collapse. You wont have to worry about it though because youd basically be dead either from age or the ensuing chaos

 

https://www.reuters.com/article/jp-...precious-metals-treasury-market-idUSKBN26K325

 

2008-2016
Old news

 

Never.

Because they don't do it.

 

What game ?

Investing in low-return, low-ROIC precious metals and pissing off your regulators, the OCC, and the Fed ?

If Barrick Gold and other gold companies can't manipulate the price of gold to their benefit, what makes you think a bunch of guys whose only expertise in gold is with a Rolex can do so ?

 

Banks don't control physical. The Committment of Traders Report has shown that to be the case since, oh, about 1980.

Banks are custodians for commercial hedgers, speculators, and retail investors. Wholesalers (jewelers) and Central Banks dwarf all the commercial banks combined.

 

It wasn't China, it was Japan with "Mr. Copper" and Sumitomo manipulating via forgery/fraud the market.

They lost billions doing so when the market turned against them. The market is like The House in blackjack and it NEVER LOSES in the long term.

Increased transparency and disclosure rules make a repeat very unlikely.

 

Yup, except that it isn't happening and nobody is taking advantage of it.

 

Doesn't make sense. Silver isn't a monetary commodity, gold is more of that.

Silver's future is based on industrial use, EV's, and solar.

 

You think after the crap the Chinese Communist Party pulled with education, gaming, and Internet stocks.....and this Evergrande fiasco....and capital controls....that they could de-dollarize their economy or the global financial system ?

About as likely as people protesting carbon emissions from food production by pledging to not eat.

I give them about 2-3 days before they stop protesting.

 

Fiat, floating currencies are a recent invention, less than 50 years old.

 

IF the dollar does crash -- IF -- chances are most of you won't be here posting about it.

Nor your children.

And probably not even your grandchildren.