US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! | |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:07 PM Report Abusive Post Report Copyright Violation | |
Mr_Electric User ID: 32316015 Australia 01/18/2013 07:11 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! So are we finally going to see a spike in the price of silver, SS? I got a few Silver Eagles... Ain't going nowhere. They are buried though... in a secure location. Just like a Pirate! [The time of Christ's return is drawing near. Repent of your sins and be reconciled to God the Father through the precious blood of Jesus Christ. The days of salvation are still here. Cry out to God and believe on Jesus while there is still time.] |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:13 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! So are we finally going to see a spike in the price of silver, SS? Quoting: Mr_Electric I got a few Silver Eagles... Ain't going nowhere. They are buried though... in a secure location. Just like a Pirate! 2012 was a bit flat for precious metals. but not in other currencies like argentinian pesos or euros bond market is getting ready to say "enough" Japanese devaluation is in place. More to follow So you should keep stacking |
Silver n Gold User ID: 32225746 United States 01/18/2013 07:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 32513738 United Kingdom 01/18/2013 07:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:19 PM Report Abusive Post Report Copyright Violation | |
Mr_Electric User ID: 32316015 Australia 01/18/2013 07:21 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! [The time of Christ's return is drawing near. Repent of your sins and be reconciled to God the Father through the precious blood of Jesus Christ. The days of salvation are still here. Cry out to God and believe on Jesus while there is still time.] |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:21 PM Report Abusive Post Report Copyright Violation | |
THE WORDSMITH User ID: 14009440 United States 01/18/2013 07:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 399597 United States 01/18/2013 07:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 26472864 United States 01/18/2013 07:23 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:23 PM Report Abusive Post Report Copyright Violation | |
Mr_Electric User ID: 32316015 Australia 01/18/2013 07:23 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! It really is frustrating to see how they just continue to somehow have the power to keep the price of silver so low in regards to the 16:1 gold-to-silver-ratio that has prevailed for centuries. When is it ever going to end? Surely they can't keep the illusion going forever.... But then again, it's good to have the price low to keep stacking. It's kind of a bitter-sweet thing. Sounds like they are now trying the whole "you can't get anymore silver" trick now, though. [The time of Christ's return is drawing near. Repent of your sins and be reconciled to God the Father through the precious blood of Jesus Christ. The days of salvation are still here. Cry out to God and believe on Jesus while there is still time.] |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 27504938 United States 01/18/2013 07:26 PM Report Abusive Post Report Copyright Violation | |
Ur1el User ID: 32397903 United States 01/18/2013 07:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:43 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! i will tell you man. I have years in this game. I can only say you one word and never forget it kid: physical you will send me your massive donations later, when you get rich. Or at least send your good thoughts to the good ole strongman |
Ur1el User ID: 32397903 United States 01/18/2013 07:45 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! i will tell you man. I have years in this game. I can only say you one word and never forget it kid: physical you will send me your massive donations later, when you get rich. Or at least send your good thoughts to the good ole strongman physical would be the only logical option. but what kind..silver bars ect from apmex...silver eagles? im not a silvertard..unfortunately. |
Anonymous Coward (OP) User ID: 13700709 Argentina 01/18/2013 07:47 PM Report Abusive Post Report Copyright Violation | |
Quasar User ID: 32388439 United States 01/18/2013 07:52 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! They (JPM and friends) create silver out of thin air just like dollars that is how they can use it to raid the markets and turn the sheeple away from the real money which is physical silver and gold... |
Anonymous Coward User ID: 32539426 Argentina 01/18/2013 07:54 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! According to all my research, the two biggest precious metals ETF's extant, GLD and SLV, are total and complete frauds. My theory about the huge amount of silver that was added to SLV yesterday is that it was done to, as usual, facilitate more price suppression. When they add more silver to SLV, they create more shares of the ETF at the same time, since each share is supposedly backed by a specified amount of silver. The problem is that, when you dig into the numbers, each share is NOT backed by silver; some percentage of those shares are always loaned out to those looking to short SLV. Worse, I believe that our friends at institutions like J.P. Morgan are naked shorting SLV, which means that they don't have to borrow shares from an existing shareholder (which can be done surreptitiously, to any shareholder, whether the shareholder agrees or not, since a margin account has that provision built in) or even ensure that the shares CAN be borrowed. I think that, when they added that huge amount of silver yesterday, it was only really paper silver that was added, in the form of paper SLV shares that aren't shares in the conventional sense, in that they aren't counted in the share structure. They are shares that have been naked shorted, which drives down the price of the underlying commodity, in this case silver. Generally, for every long there's a short, but in cases like this, you can quite easily have far more shorts than longs, which drives down the price, since now you have an unbalanced situation where there is NOT a long for every short, but a preponderance of shorts. I personally very much doubt we're having a true silver shortage right now, but I do believe one is coming, and probably in the not-too-distant future. The U.S. Mint could quite easily keep producing and selling ASE's (American Silver Eagles), BUT NOT AT THE CURRENT RIDICULOUSLY LOW PRICE. If the price were raised, they would be able to keep producing them at a constant rate, but, as usual with artificial price controls, when you keep the market price below what it would be in a free market, you create supply disruptions, since now more of the commodity can be purchased and used than would otherwise be the case. The cure for artificial price controls is always the wholesale failure of the price control scheme and a resulting price for the suppressed commodity that exceeds the high it would have reached in the absence of the price suppression. That's where we're eventually headed with silver, but the high price is likely to be so high that it will shock even me. I can't even begin to explain how pernicious and powerful the price suppression in silver has been over the past 25 years or so. It truly defies description. |
Skuzzlebutt User ID: 7054303 United Kingdom 01/18/2013 07:57 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! i had a meeting with someone who supposedly was a member of the "Illuminati" there were two things he told me which stood out 1) next 20 years world wide economy collapse, banks run out of money, money will no longer mean anything, there will be chaos murdering in the streets 2) aliens are interplanetary and inter-dimensional. responsible for us being here today, the gods as mankind calls them, will reveal themselves within 20 years. |
AgnosticDeity User ID: 24683394 United States 01/18/2013 08:01 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! According to all my research, the two biggest precious metals ETF's extant, GLD and SLV, are total and complete frauds. My theory about the huge amount of silver that was added to SLV yesterday is that it was done to, as usual, facilitate more price suppression. Quoting: Anonymous Coward 32539426 When they add more silver to SLV, they create more shares of the ETF at the same time, since each share is supposedly backed by a specified amount of silver. The problem is that, when you dig into the numbers, each share is NOT backed by silver; some percentage of those shares are always loaned out to those looking to short SLV. Worse, I believe that our friends at institutions like J.P. Morgan are naked shorting SLV, which means that they don't have to borrow shares from an existing shareholder (which can be done surreptitiously, to any shareholder, whether the shareholder agrees or not, since a margin account has that provision built in) or even ensure that the shares CAN be borrowed. I think that, when they added that huge amount of silver yesterday, it was only really paper silver that was added, in the form of paper SLV shares that aren't shares in the conventional sense, in that they aren't counted in the share structure. They are shares that have been naked shorted, which drives down the price of the underlying commodity, in this case silver. Generally, for every long there's a short, but in cases like this, you can quite easily have far more shorts than longs, which drives down the price, since now you have an unbalanced situation where there is NOT a long for every short, but a preponderance of shorts. I personally very much doubt we're having a true silver shortage right now, but I do believe one is coming, and probably in the not-too-distant future. The U.S. Mint could quite easily keep producing and selling ASE's (American Silver Eagles), BUT NOT AT THE CURRENT RIDICULOUSLY LOW PRICE. If the price were raised, they would be able to keep producing them at a constant rate, but, as usual with artificial price controls, when you keep the market price below what it would be in a free market, you create supply disruptions, since now more of the commodity can be purchased and used than would otherwise be the case. The cure for artificial price controls is always the wholesale failure of the price control scheme and a resulting price for the suppressed commodity that exceeds the high it would have reached in the absence of the price suppression. That's where we're eventually headed with silver, but the high price is likely to be so high that it will shock even me. I can't even begin to explain how pernicious and powerful the price suppression in silver has been over the past 25 years or so. It truly defies description. I remember reading a post last month talking about something like this happening right before TSHTF here in the states. Here is a link to the thread Thread: DHS Insider Report: Coming This Spring: “Life for the Average American is Going to Change Significantly” and here is a link to the article the thread was about. [link to www.shtfplan.com] I don't usually put much stock into what the "insiders" on this site leak, but after re reading it it seems there may be more than a little truth to it. There is a theory which states that if ever anybody discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable. There is another theory which states that this has already happened. |
Anonymous Coward User ID: 32539426 Argentina 01/18/2013 08:02 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! |
Brightwinger User ID: 32360823 United States 01/18/2013 08:02 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! There is little doubt in my mind that silver s/b valued at about $1,000 an ounce. However it might not ever get back to $50 because the Fed supplies JP Morgan with as much credit as it needs to keep silver and gold down. Remember the Fed isn't audited, so they can pull whatever shenanigans they wish and no one will do a damn thing about it . Meanwhile the CTFT - or whatever those initials are - are in on this 100%. IOW, there is NO oversight. The Fed needs to keep the dollar stable at all costs. So they give the credit to JP who then makes millions of dollars a day, day after day by shorting gold and silver. If JP needed to buy 100 million shares, the FED would do give them the credit to do it. JP then repays the Fed and keeps the profit. As far as those two crooks are concerned, it is a Win-Win...for them. They literally suck money out of the pockets of their latest patsies who play the market honestly. There is no end in sight for this scheme nor are there any real limits on how much money they can throw at the other bidders. Last Edited by TheAmericanCancerSocietySucks on 01/18/2013 09:42 PM Author, inventor, disorganizer. Let's disorganize the American Cancer Society. |
Anonymous Coward User ID: 32140920 United Kingdom 01/18/2013 08:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 31968081 United States 01/18/2013 08:09 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! According to all my research, the two biggest precious metals ETF's extant, GLD and SLV, are total and complete frauds. My theory about the huge amount of silver that was added to SLV yesterday is that it was done to, as usual, facilitate more price suppression. Quoting: Anonymous Coward 32539426 When they add more silver to SLV, they create more shares of the ETF at the same time, since each share is supposedly backed by a specified amount of silver. The problem is that, when you dig into the numbers, each share is NOT backed by silver; some percentage of those shares are always loaned out to those looking to short SLV. Worse, I believe that our friends at institutions like J.P. Morgan are naked shorting SLV, which means that they don't have to borrow shares from an existing shareholder (which can be done surreptitiously, to any shareholder, whether the shareholder agrees or not, since a margin account has that provision built in) or even ensure that the shares CAN be borrowed. I think that, when they added that huge amount of silver yesterday, it was only really paper silver that was added, in the form of paper SLV shares that aren't shares in the conventional sense, in that they aren't counted in the share structure. They are shares that have been naked shorted, which drives down the price of the underlying commodity, in this case silver. Generally, for every long there's a short, but in cases like this, you can quite easily have far more shorts than longs, which drives down the price, since now you have an unbalanced situation where there is NOT a long for every short, but a preponderance of shorts. I personally very much doubt we're having a true silver shortage right now, but I do believe one is coming, and probably in the not-too-distant future. The U.S. Mint could quite easily keep producing and selling ASE's (American Silver Eagles), BUT NOT AT THE CURRENT RIDICULOUSLY LOW PRICE. If the price were raised, they would be able to keep producing them at a constant rate, but, as usual with artificial price controls, when you keep the market price below what it would be in a free market, you create supply disruptions, since now more of the commodity can be purchased and used than would otherwise be the case. The cure for artificial price controls is always the wholesale failure of the price control scheme and a resulting price for the suppressed commodity that exceeds the high it would have reached in the absence of the price suppression. That's where we're eventually headed with silver, but the high price is likely to be so high that it will shock even me. I can't even begin to explain how pernicious and powerful the price suppression in silver has been over the past 25 years or so. It truly defies description. When they naked short there is no registering of the shares borrowed so they are just electronic icons that represent real shares. There is no position limits as the banks lobbyed to have them removed last year. 2 things could bring back the trust in the markets 1) Registration of borrowed shares for shorting (Then they wouldnt be naked). 2) Position limits on the amount of shares you could control. They say it would be tough which is bullshit with computers now. |
Anonymous Coward User ID: 961432 United States 01/18/2013 08:13 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! On top of all this shortage stuff SLV, the big Silver ETF run by JPM and friends, added 20M ounces to their inventory. How come the banks can get 20M ounces in a matter of days and yet the US Mint can't seem to find any? Boy, that Blythe Masters must have more silver hidden in her bra! If those guys are ever caught short, then I'm sure they can count on the gold and silver stored in warehouses. Oh wait, they already took all that. Doh. . |
DonHeau User ID: 4730959 United States 01/18/2013 08:14 PM Report Abusive Post Report Copyright Violation | Re: US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards! Germany wants gold back. France attacks Mali. Yummy gold goodness. Silver as well. P.S. Timmmy G. Raids pension funds and says economic recovery is winding up! Last Edited by DonHeau on 01/18/2013 08:15 PM We opened doors by thinking. |