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A very interesting article about possible recent Silver Manipulation
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<p>[QUOTE="Stewart, post: 1121494, member: 19834"]DesertGem</p><p>Great response, I understand what your saying about some</p><p>that think that all shorting is manipulation. I am not of that thinking.</p><p>In March of last year JPM was caught red handed manipulating the silver market.</p><p><a href="http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme" rel="nofollow">http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme</a></p><p><br /></p><p>I learned about it a couple of days after it happened. and with the thinking that once the general public learned of the manipulation going on that they would understand that silver was being artificially held down which it has been for years. That JPM and HSBC </p><p>would no longer be able to hold it back putting them in a terrible financial position.</p><p>Considering that at a meeting of the CFTC a banker admitted in public</p><p>that it is normal business procedure to have 1 ounce of physical metal for every</p><p>100 ounces of paper sold on the market. forcing them to go to the market to satisfy</p><p>those contracts or pay them off along with a premium for taking U.S. Dollars</p><p>instead of physical metal to the contract holders</p><p>It was shortly after that that the metals market caught fire and has not stopped</p><p>yet.[/QUOTE]</p><p><br /></p>
[QUOTE="Stewart, post: 1121494, member: 19834"]DesertGem Great response, I understand what your saying about some that think that all shorting is manipulation. I am not of that thinking. In March of last year JPM was caught red handed manipulating the silver market. [URL]http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme[/URL] I learned about it a couple of days after it happened. and with the thinking that once the general public learned of the manipulation going on that they would understand that silver was being artificially held down which it has been for years. That JPM and HSBC would no longer be able to hold it back putting them in a terrible financial position. Considering that at a meeting of the CFTC a banker admitted in public that it is normal business procedure to have 1 ounce of physical metal for every 100 ounces of paper sold on the market. forcing them to go to the market to satisfy those contracts or pay them off along with a premium for taking U.S. Dollars instead of physical metal to the contract holders It was shortly after that that the metals market caught fire and has not stopped yet.[/QUOTE]
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A very interesting article about possible recent Silver Manipulation
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