Message:

<p>[QUOTE=&quot;fatima, post: 1474325, member: 22143&quot;]Technically speaking, any market is &quot;manipulated&quot; by even the most minimum of sales relative to the size of the market.&nbsp; Illegal manipulation occurs when an entity or person breaks the law to cause price changes.&nbsp;&nbsp; Naked shorting is an example.&nbsp;&nbsp; The manipulation may not even be illegal, but uses unfair advantages, such as taxpayer back stopping to achieve a goal.&nbsp;&nbsp; No doubt the discussion here is about the latter two and not the former.&nbsp;&nbsp; </p><p><br /></p><p>It should be pretty clear now that selling corn futures and selling silver or gold futures are quite different.&nbsp;&nbsp; This because this activity happens on completely different exchanges CME (corn) vs Comex (Au &amp; Ag)&nbsp; &nbsp; Someone should not look for a pit boss at the CME to tell them about events at the Comex.&nbsp; </p><p><br /></p><p>Furthermore sellers on the CME use the market to find buyers for their physical products, i.e. corn, because they WANT to deliver this product.&nbsp; A farmer goes bust if he can&#039;t deliver corn to a buyer.&nbsp; 100% of these contracts get delivered.&nbsp; In contrast bullion sellers on the Comex may or may not need to deliver a product because gold and silver bullion does not have a shelf life and it&#039;s very expensive to move.&nbsp; Settlement can be nothing more than cash or notational changes in a bullion vault.&nbsp;&nbsp; The motivations and goals of participants are quite different which is why the Comex has remained a separate entity just for these metals.&nbsp;&nbsp; </p><p><br /></p><p>So in terms of manipulation, where the party most likely will not need to perform delivery, there is a huge opportunity to engage in illegal or wrong price manipulation on the Comex that simply does not exist at the CME.&nbsp;&nbsp; It takes careful regulation, enforcement of rules and laws, and a commitment by the taxpayer backstopped banks not to take unfair advantage of the system in order for it to work properly.&nbsp; If people wish to believe this is all working as designed it&#039;s their business.&nbsp;&nbsp; IMO, the finance system has not demonstrated in any way that it is operating at a trustworthy level.&nbsp;&nbsp; </p><p><br /></p><p>People buying silver for the short term should take care not to travel into this minefield with rose colored glasses on.&nbsp;&nbsp; It&#039;s your money so do the research yourself.&nbsp; Don&#039;t listen to anecdotes and self proclaimed accolades unless these people are willing to cover your losses.&nbsp; Don&#039;t just listen to me.&nbsp; However everything I posted above can be easily verified by doing a little reading.&nbsp; In no way do you have to simply trust what I am saying.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in