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Gold & Silver price manipulation BUSTED - thoughts?
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<p>[QUOTE="desertgem, post: 2405089, member: 15199"]Read the carefully chosen words ( red) which the article conveniently put in for correctness, but do not stress as it opposes their purpose.</p><p><br /></p><p><br /></p><p><br /></p><p> from the article itself</p><p><br /></p><p>"Currently there are are 56,863 open May silver future contracts <i>representing 284.3 <span style="color: #ff0000">theoretical ounces of physical silver</span></i> on the Comex. Against this is 31.9 million <i>reported</i> ounces of <span style="color: #ff0000">physical silver in Comex vaults that have been designated as available for delivery against these open contracts.</span> In other words, <i>the bullion banks have <span style="color: #ff0000">thrown nearly nine ounces of theoretical paper silver at the market for every ounce of alleged physical silver that could be delivered into these contracts."</span></i></p><p><br /></p><p><span style="color: #ff0000"><span style="color: #404040">People who actually participate in such transactions know they are like linking ( <b>betting lines</b> )of boxers in a match to the ( <b>Physical </b>)outcome at the end, by Vegas</span></span><i><span style="color: #ff0000"> </span></i><span style="color: #ff0000"><span style="color: #000000">organizations</span></span><span style="color: #ff0000"><span style="color: #000000">. You don't actually own a part of the boxer , you just win or lose according to your prediction compared to theirs by the end of the match ( expiration ) date. It is not like old timers racing their own cars, winner taking the pink slip, You don't get the boxer or the casino.</span></span></p><p><br /></p><p><span style="color: #ff0000"><span style="color: #000000">They have to use the slippery terms ( theoretical and paper) as they are only psychologically related to physical. Buying a paper contract requires you to either take paper winnings/losses UNLESS you buy upfront, a Physical delivery contract which is priced at physical actual price levels ( many times the price of a paper contract). Buy paper contract, you are betting paper to win or lose paper. If you buy physical ( jeweler, manufacturer, hoarder) you will get the physical at the end, even if the price goes way up or way down by then, you prepaid so you might get it at a lower price than market ( Yeah!!) or silver may have dumped and you end up paying at double the price you wanted</span></span><span style="color: #ff0000"><span style="color: #000000"> ( looooser).</span></span></p><p><br /></p><p><span style="color: #ff0000"><span style="color: #000000">So let me ask you, What do you think the bullion dealers/middlemen/round sellers want to happen? They want the metal to be worth much more when it is delivered than they paid for it, which is regular business pattern, but what if a physical delivery is coming soon and the metal is worth less than they paid for it</span>~ why not cry DANGER and word comments to frighten the price of silver back up? </span></p><p>Manipulation can have 2 sides. Read and understand before betting.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2405089, member: 15199"]Read the carefully chosen words ( red) which the article conveniently put in for correctness, but do not stress as it opposes their purpose. from the article itself "Currently there are are 56,863 open May silver future contracts [I]representing 284.3 [COLOR=#ff0000]theoretical ounces of physical silver[/COLOR][/I][COLOR=#ff0000] [/COLOR]on the Comex. Against this is 31.9 million [I]reported[/I] ounces of [COLOR=#ff0000]physical silver in Comex vaults that have been designated as available for delivery against these open contracts.[/COLOR] In other words, [I]the bullion banks have [COLOR=#ff0000]thrown nearly nine ounces of theoretical paper silver at the market for every ounce of alleged physical silver that could be delivered into these contracts."[/COLOR][/I] [I][COLOR=#ff0000][COLOR=#404040] [/COLOR][/COLOR][/I][COLOR=#ff0000][COLOR=#404040]People who actually participate in such transactions know they are like linking ( [B]betting lines[/B] )of boxers in a match to the ( [B]Physical [/B])outcome at the end, by Vegas[/COLOR][/COLOR][I][COLOR=#ff0000] [/COLOR][/I][COLOR=#ff0000][COLOR=#000000]organizations[/COLOR][/COLOR][COLOR=#ff0000][COLOR=#000000]. You don't actually own a part of the boxer , you just win or lose according to your prediction compared to theirs by the end of the match ( expiration ) date. It is not like old timers racing their own cars, winner taking the pink slip, You don't get the boxer or the casino.[/COLOR][/COLOR] [COLOR=#ff0000][COLOR=#000000]They have to use the slippery terms ( theoretical and paper) as they are only psychologically related to physical. Buying a paper contract requires you to either take paper winnings/losses UNLESS you buy upfront, a Physical delivery contract which is priced at physical actual price levels ( many times the price of a paper contract). Buy paper contract, you are betting paper to win or lose paper. If you buy physical ( jeweler, manufacturer, hoarder) you will get the physical at the end, even if the price goes way up or way down by then, you prepaid so you might get it at a lower price than market ( Yeah!!) or silver may have dumped and you end up paying at double the price you wanted[/COLOR][/COLOR][COLOR=#ff0000][COLOR=#000000] ( looooser).[/COLOR][/COLOR] [COLOR=#ff0000][COLOR=#000000]So let me ask you, What do you think the bullion dealers/middlemen/round sellers want to happen? They want the metal to be worth much more when it is delivered than they paid for it, which is regular business pattern, but what if a physical delivery is coming soon and the metal is worth less than they paid for it[/COLOR]~ why not cry DANGER and word comments to frighten the price of silver back up? [/COLOR] Manipulation can have 2 sides. Read and understand before betting.[/QUOTE]
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Gold & Silver price manipulation BUSTED - thoughts?
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