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Message Subject CFTC Announces The End of the Road for JP Morgan's Manipulation
Poster Handle No Dhimmi
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please explain the situation a bit. some of us are still catching up. we speak english. thank you!

hf
 Quoting: Anne O'Mally



In a nutshell, in my understanding this is what we're dealing with.

JPMorgan specifically ( and a couple other entities allegedly) have massive short positions in silver which have, as has been the case fore years "arguably" ( in my view factually ) manipulated the price of silver down.

JP Morgan claims they have no proprietary position and that their shorts are just "hedges" for client. This is of course again provably false.

IF the CFTC does its job, they will limit the size of the positions (presumably long or short) that institutions are able to hold. This would force JP morgan to either get rid of their excess positions or justify why they should be allowed to keep them.

With JP Morgan and their cronies, they can see both sides of the trade so they can sell silver they don't have, set off stop losses, causing the price to in some cases plummet. Keep in mind we've seen the equivalent of 25% or more of the year's mining supply of silver traded in a matter of less than an hour.

On any rational level, the game is rigged.

On the grand scheme of things I am not expecting anything. We have the governments, central banks, the bank of international settlements and then private financial institutions all woven together and their game relies on keeping this bullshit casino together.

They won't go down without a fight.


The only upside is I need to get my head out of my ass, buckle down and keep buying silver.
 Quoting: canadian dirtlump


Great response - and I agree - eventually, "Mr Market" will win as he always does in the end and the manipulation will end - THEN the true market price will resume, but at the much higher rate that it would be if never manipulated. BOTTOM LINE - buy now while the prices are low.
 
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