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<p>[QUOTE="JCB1983, post: 1316505, member: 23885"]<p style="text-align: left"><span style="color: #000000"><span style="color: #000000">So there was a thread earlier about weather to invest in Physical vs. ETF's and it got me thinking. First off I am sure that for all of you long time silver veterans and investment gurus this is no surprise, but to me it was. I had heard about a possible scandle involving J.P. Morgan and possible silver manipulation before, but never to the extent that there was only a ratio of 1 oz of physical silver available for every 100oz in paper. I believe it was equated in 2010 to an estimation of 3.3 billion oz of silver disparity. This being said, if everyone cashed in, JPM would crash. I may have my facts tangled here, but I understand the basic principle. It sounds like a ponzi scheme to me. Just another reason to buy physical silver over an ETF. The very thought of it gives me the shivers. I am not trying to stir up dust, or scare anyone that has ETFs, but check out a few of these websites below. If you have any knowledge on the subject, please feel free to share. I am also curious to know what your opinions would be on the reaction to the silver market if the paper market collapses? I assume the value of silver would skyrocket.</span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><span style="color: #000000"><a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/12/06/benzinga668905.DTL" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/12/06/benzinga668905.DTL" rel="nofollow">http://www.sfgate.com/cgi-bin/articl...inga668905.DTL</a></span></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><span style="color: #000000"><br /></span></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><span style="color: #000000"><br /></span></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><span style="color: #000000"><span style="color: #000000"><a href="http://businesstm.com/control-your-finances/finances-and-investments/silver-manipulation-ok-with-cftc/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://businesstm.com/control-your-finances/finances-and-investments/silver-manipulation-ok-with-cftc/" rel="nofollow">http://businesstm.com/control-your-f...-ok-with-cftc/</a></span></span></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></span></p> <p style="text-align: left"><span style="color: #000000"><span style="color: #000000"><br /></span></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Read more: <a href="http://www.cointalk.com/t195967/#ixzz1fVpr63Cj" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t195967/#ixzz1fVpr63Cj">http://www.cointalk.com/t195967/#ixzz1fVpr63Cj</a></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="JCB1983, post: 1316505, member: 23885"][LEFT][COLOR=#000000][COLOR=#000000]So there was a thread earlier about weather to invest in Physical vs. ETF's and it got me thinking. First off I am sure that for all of you long time silver veterans and investment gurus this is no surprise, but to me it was. I had heard about a possible scandle involving J.P. Morgan and possible silver manipulation before, but never to the extent that there was only a ratio of 1 oz of physical silver available for every 100oz in paper. I believe it was equated in 2010 to an estimation of 3.3 billion oz of silver disparity. This being said, if everyone cashed in, JPM would crash. I may have my facts tangled here, but I understand the basic principle. It sounds like a ponzi scheme to me. Just another reason to buy physical silver over an ETF. The very thought of it gives me the shivers. I am not trying to stir up dust, or scare anyone that has ETFs, but check out a few of these websites below. If you have any knowledge on the subject, please feel free to share. I am also curious to know what your opinions would be on the reaction to the silver market if the paper market collapses? I assume the value of silver would skyrocket. [COLOR=#000000][URL="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/12/06/benzinga668905.DTL"]http://www.sfgate.com/cgi-bin/articl...inga668905.DTL[/URL] [COLOR=#000000][URL="http://businesstm.com/control-your-finances/finances-and-investments/silver-manipulation-ok-with-cftc/"]http://businesstm.com/control-your-f...-ok-with-cftc/[/URL][/COLOR][/COLOR] [/COLOR] Read more: [URL]http://www.cointalk.com/t195967/#ixzz1fVpr63Cj[/URL][/COLOR][/LEFT][/QUOTE]
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