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Silver Wheaton Corp. Message Board

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  • ltvalue ltvalue Nov 17, 2010 2:09 PM Flag

    CME's Criminally-Timed Silver Margin Increase-They Pulled Out Every Dirty Trick

    You are correct. JPM and other major banks have been supporting suppression of PM prices as the agents for the US and european central banks for decades. Their net price on their silver short positions is WAY lower than $25. The objective here is not to make a profit on their shorts, but to cap their losses and ultimately close out these positions.

    What has changed is that we are moving into the endgame phase of this version of the global monetary system. When USA+EU+Japan are in a situation where they cannot pay back their massive debts default is inevitable. Now the issue is not supporting the paper currency system by suppressing PM prices, but closing out the accumulated short positions so as not to be destroyed as very high or hyper inflation is created to stealth default on said debts. The central banks are now net buyers of gold, and they and JPM and crew know its time to transition to the new global monetary system that will come about after the default.

    Watch as the trend continues and the net short position of the major players in silver reduce their position over the coming year....

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    • They are not trying to close out or reduce their positions. That could cause a run on silver. They are buying and selling to raise the average price of their shorts. That does not reduce the number of ounces short. With their high speed computers and front running that is easy for them during a bear attack.

      • 1 Reply to tburke1932
      • "They are buying and selling to raise the average price of their shorts. That does not reduce the number of ounces short. With their high speed computers and front running that is easy for them during a bear attack."

        You know that do you? Have a lot of experience with these banksters do you? Get 'em, Polkabuffoon. Bash 'em!

        Explain why exactly they want to raise the average price of their shorts if they have to buy shares to do so? Presumably evey sale generates a loss. Every purchase puts their b..s deeper in the sling. What exactly is that brillant manuever, no matter how rapidly the computer accomplishes it, supposed to accomplish? Just wondering, bankster buddy.

    • ltvalue---- You are 100% correct

      "JPM and other major banks have been supporting suppression of PM prices as the agents for the US and european central banks for decades. Their net price on their silver short positions is WAY lower than $25. The objective here is not to make a profit on their shorts, but to cap their losses and ultimately close out these positions"

 
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