WTF !! WTF !! 3 BANKS'S SHORT SALE PROVOKE THE LAST WEEK SILVER/GOLD MELTDOWN !! | |
Anonymous Coward User ID: 488235 United States 08/23/2008 08:09 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 322321 Mexico 08/24/2008 11:06 AM Report Abusive Post Report Copyright Violation | Hey thanks for the info. Quoting: Anonymous Coward 489994I don't understand why they would want to short sale to have this happen - granted I'm not the sharpest pencil. The knot link doesn't work. thanks again Easy Mr Watson : Commercial users want silver price down in order to go on with their business !! Lower price made jewelry and electronic product cheaper and more affordable and easier to sell . |
Anonymous Coward User ID: 490238 United States 08/24/2008 11:08 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 275112 United States 08/24/2008 11:28 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 275112 United States 08/24/2008 11:30 AM Report Abusive Post Report Copyright Violation | and it will go down even more this week! Quoting: Anonymous Coward 275112yeh paper Silver The new silver - made with paper [link to www.atimes.com] |
Anonymous Coward User ID: 276543 United States 08/24/2008 11:34 AM Report Abusive Post Report Copyright Violation | I think we go up this week.. To much bailing out and Lehman in for some doom this week. Olympics are over so now the boys can go back to blowing shit up around the worls. Fall coming -fuel oil deliveries will start and people will be crushed when they see their bills. Things will only be OK if oil stays wher it is and going lower could be one bomb/storm from NOT. |
Me114 User ID: 323570 United States 08/24/2008 11:36 AM Report Abusive Post Report Copyright Violation | some are not understanding how the prices in market work. a simple scenario is when a lot of people are wanting to buy one stock, the price will start to go up.. when a lot of people are wanting to sell off a stock, that stock price will start to go down. so... if the banks colluded to sell off silver (thats what SHORTING IT DOES) then the price of silver goes down (thats what they want it to do) to make their profit, after the price is down, they then go back and BUY the same silver they pretended to sell (by shorting) and take the difference in price as profit. example. Stock XYZ is 50 dollars. People start selling their XYZ stock (or shorting it) and the price falls to 40. someone who shorted XYZ at 49 can now come into the market and BUY it at 40 to cover their short sell - making the 9 dollars difference in profit. so the article is explaining that the banks colluded to force the price of silver down to make profit out of that manipulation of the price through short selling. the markets are manipulated by people who make profit doing so, up and then again down, and up and down... they cause the up and down.. make money both times its a scam :rolleyes: :ura: Sweet Thoughts! I Unknown Depths of Love, You. What Happens Next Loves me. Help me Jesus, Life will let me know. Living is Effortless Normal God Inside, Outside, Everywhere, Forever! Executive Order 13603 means slavery in the usa Thread: The End of All Things Is Upon Us - An Urgent Message from Father God Thread: Nothing is Something and Non-Existence must Exist Thread: Not Knowing is Essential to Eternal Life! Thread: Let's talk about the Evil-Mind-Beings (EMB) Thread: ALERT! Father God says, now, " I will go down now, and see whether they have done altogether according to the cry of it" Thread: WE CAN DEFEAT THE ANTICHRIST !!! |
Anonymous Coward User ID: 490283 United States 08/24/2008 11:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 276543 United States 08/24/2008 11:46 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 276543 United States 08/24/2008 12:03 PM Report Abusive Post Report Copyright Violation | The FED is in deep shit they have nothing to throw out anymore. Anything they do must be created on the fly. Lehman is a perfect example. They could help out with the purchase and handover if a US entity wants to buy them. The problem is LEH wants to much for to little and unknown asset/risk. The FED cannot backstop a buy from a foriegn nation and really doesn't want a wealth fund from another country own more of our shit. They are so fucked and eventually us with them. Wait till you here the bailout of Fannie/Freddie and what the eventual cost will be. Mindblowing to say the least. |
Anonymous Coward (OP) User ID: 322321 Mexico 08/24/2008 12:13 PM Report Abusive Post Report Copyright Violation | some are not understanding how the prices in market work. Quoting: Me114a simple scenario is when a lot of people are wanting to buy one stock, the price will start to go up.. when a lot of people are wanting to sell off a stock, that stock price will start to go down. so... if the banks colluded to sell off silver (thats what SHORTING IT DOES) then the price of silver goes down (that's what they want it to do) to make their profit, after the price is down, they then go back and BUY the same silver they pretended to sell (by shorting) and take the difference in price as profit. example. Stock XYZ is 50 dollars. People start selling their XYZ stock (or shorting it) and the price falls to 40. someone who shorted XYZ at 49 can now come into the market and BUY it at 40 to cover their short sell - making the 9 dollars difference in profit. so the article is explaining that the banks colluded to force the price of silver down to make profit out of that manipulation of the price through short selling. the markets are manipulated by people who make profit doing so, up and then again down, and up and down... they cause the up and down.. make money both times its a scam Excellent point ... but insufficient !! But there are many main reasons to short precious metals like gold / silver : 1.-Gold / silver are the only true currencies world wide. 2.-Any change in gold/silver prices impact directly dollars , euro prices . 3.- Govt. needs/wants NO "help" from gold /silver to value their currencies . 4.-Silver has many strategic uses which might be impacted deeply by silver price . 5.-Many countries (China ??) are buying gold / silver instead of dollar to protect their national money reserve: they are doing "out the loop of the spot market" why ?? they want cheap silver /gold and Masters markets know that and in order to "protect the price " they sell paper silver and buy hard/cold physical silver. |
Anonymous Coward User ID: 275112 United States 08/24/2008 12:20 PM Report Abusive Post Report Copyright Violation | some are not understanding how the prices in market work. Quoting: Anonymous Coward 322321a simple scenario is when a lot of people are wanting to buy one stock, the price will start to go up.. when a lot of people are wanting to sell off a stock, that stock price will start to go down. so... if the banks colluded to sell off silver (thats what SHORTING IT DOES) then the price of silver goes down (that's what they want it to do) to make their profit, after the price is down, they then go back and BUY the same silver they pretended to sell (by shorting) and take the difference in price as profit. example. Stock XYZ is 50 dollars. People start selling their XYZ stock (or shorting it) and the price falls to 40. someone who shorted XYZ at 49 can now come into the market and BUY it at 40 to cover their short sell - making the 9 dollars difference in profit. so the article is explaining that the banks colluded to force the price of silver down to make profit out of that manipulation of the price through short selling. the markets are manipulated by people who make profit doing so, up and then again down, and up and down... they cause the up and down.. make money both times its a scam Excellent point ... but insufficient !! But there are many main reasons to short precious metals like gold / silver : 1.-Gold / silver are the only true currencies world wide. 2.-Any change in gold/silver prices impact directly dollars , euro prices . 3.- Govt. needs/wants NO "help" from gold /silver to value their currencies . 4.-Silver has many strategic uses which might be impacted deeply by silver price . 5.-Many countries (China ??) are buying gold / silver instead of dollar to protect their national money reserve: they are doing "out the loop of the spot market" why ?? they want cheap silver /gold and Masters markets know that and in order to "protect the price " they sell paper silver and buy hard/cold physical silver. they sell paper silver and buy hard/cold physical silver. Before the prices to the moon. |
Anonymous Coward User ID: 486165 United States 08/24/2008 12:28 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 322321 Mexico 08/24/2008 12:35 PM Report Abusive Post Report Copyright Violation | Excellent point ... but insufficient !! Quoting: Anonymous Coward 275112But there are many main reasons to short precious metals like gold / silver : 1.-Gold / silver are the only true currencies world wide. 2.-Any change in gold/silver prices impact directly dollars , euro prices . 3.- Govt. needs/wants NO "help" from gold /silver to value their currencies . 4.-Silver has many strategic uses which might be impacted deeply by silver price . 5.-Many countries (China ??) are buying gold / silver instead of dollar to protect their national money reserve: they are doing "out the loop of the spot market" why ?? they want cheap silver /gold and Masters markets know that and in order to "protect the price " they sell paper silver and buy hard/cold physical silver. they sell paper silver and buy hard/cold physical silver. Before the prices to the moon. Exactly !! Eventually the game has to stop and wont go on forever : at one point , the short positions have to be paid or physically delivered . When ??? very difficult to answer it , depend on : how much money Marker masters have ?? how much money are they willing to paid to control the price ?? it could be years , they have been playing the game very well for so long !! |
Anonymous Coward (OP) User ID: 322321 Mexico 08/24/2008 12:46 PM Report Abusive Post Report Copyright Violation | Quote for article: "These facts speak for themselves. Here are the facts. As of July 1, 2008, two U.S. banks were short 6,199 contracts of COMEX silver (30,995,000 ounces). As of August 5, 2008, two U.S. banks were short 33,805 contracts of COMEX silver (169,025,000 ounces), an increase of more than five-fold. This is the largest such position by U.S. banks I can find in the data, ever. Between July 14 and August 15th, the price of COMEX silver declined from a peak high of $19.55 (basis September) to a low of $12.22 for a decline of 38%." The increase in silver short position was 140,000,000 ounces in one month . that means : 140,000,000 x 15 dolls = 2,100,000,000 (more than 2 billion USD dollar in less than one month ) who the f..k has interested in short silver in that amount ?? Market masters !! : |
Anonymous Coward User ID: 275112 United States 08/24/2008 01:00 PM Report Abusive Post Report Copyright Violation | Excellent point ... but insufficient !! Quoting: Anonymous Coward 322321But there are many main reasons to short precious metals like gold / silver : 1.-Gold / silver are the only true currencies world wide. 2.-Any change in gold/silver prices impact directly dollars , euro prices . 3.- Govt. needs/wants NO "help" from gold /silver to value their currencies . 4.-Silver has many strategic uses which might be impacted deeply by silver price . 5.-Many countries (China ??) are buying gold / silver instead of dollar to protect their national money reserve: they are doing "out the loop of the spot market" why ?? they want cheap silver /gold and Masters markets know that and in order to "protect the price " they sell paper silver and buy hard/cold physical silver. they sell paper silver and buy hard/cold physical silver. Before the prices to the moon. Exactly !! Eventually the game has to stop and wont go on forever : at one point , the short positions have to be paid or physically delivered . When ??? very difficult to answer it , depend on : how much money Marker masters have ?? how much money are they willing to paid to control the price ?? it could be years , they have been playing the game very well for so long !! things are different now on a scale no other in history, banking problems and the dollar are massive. |
Anonymous Coward (OP) User ID: 322321 Mexico 08/24/2008 11:04 PM Report Abusive Post Report Copyright Violation | they sell paper silver and buy hard/cold physical silver. Before the prices to the moon. Exactly !! Eventually the game has to stop and wont go on forever : at one point , the short positions have to be paid or physically delivered . When ??? very difficult to answer it , depend on : how much money Marker masters have ?? how much money are they willing to paid to control the price ?? it could be years , they have been playing the game very well for so long !! things are different now on a scale no other in history, banking problems and the dollar are massive. But remember Market masters like to have things under control unless .........physical demand begin to soar !!!! You might not know this, but SILVER futures market(COMEX) can only deliver a restrict quantity of silver per month : in other words COMEX cant deliver all Silver futures positions in physical form !! Silver shorts paper has no amount restriction BUT futures delivery has !! Why ?? Simple Mr. Watson : COMEX (o anyone else ) does NOT have enough silver no cover long/short positions in physical form . |