It has been received on pretty good authority here that "insect insight" is really more than one person. They are employed at JPM and also GS. If you notice the posts are only a few minutes apart, and not just on this message board. As such it is physically impossible for a single person to have flooded Yahoo message boards with these topics, along with answers to them. It has been explained that they are somewhat like a mega bank service organization charged with flooding message boards with negative commentary on the PM sector as part of the back up to enhance the short-selling objectives of those banks. As such you should take it, as they say, "with a grain of salt". What this is really indicative of is an act of desperation that the central banks are losing control of their aspirations to keep alive the funny counterfeit fiat monopoly money game. Don't be fooled by any of their negative comments on the financial elite, as they are only meant to hide the real objective of prying real wealth from "weak hands". A simple reading of the "insect insight" posts aligns perfectly with the story line received here.
If AUY was to be taken over a guess would be that it would be by Barrick. Barrick has a sordid past so any who are holders at that point should take their “money” and find another opportunity. Incidentally, a couple of years ago AUY brought a former Barrick manager in as a company officer. You can look it up to learn the details.
Other than that, the indices are being raised by Fed money pumping them up, in particular the DJIA. Interestingly the NYSE appears to only react to what happens with the DJIA, but the reaction is tepid. Further the volume tended to be at the end of session today. That appears to be a change of ownership into the hands of the small fry bagholders who only tomorrow will realize they’ve been had. The volume of the DJIA has fallen off over the last decade, meaning public participation is not there and most current volume appears to be coming from those captured within managed investment scenarios at companies/government entities where they are employed, or by Fed money attempting to draw money out of the shadows into the paper based market. This is doomed to fail since it is not market driven. Only the timing of the failure is unpredictable, but the risk of failure in the current uptrend is rising. At that point there should be a flood of investment dollars returning to the PM sector.
Maybe this is your answer: “A Different View Of Silver” by Miguel Perez-Santalla, 5/14/2013
“...There have been times over my 30 years in the precious metals markets that I felt perception was being directed, if not manipulated, by bigger players. One ploy used in the past was to move silver stocks off of the Comex to give the appearance of a supply shortage. Such a shortage would, other things being equal, eventually drive up the price, at which time the big holders could sell into the marketplace. Anyone doing this successfully would make a hefty sum of money. They might counter by saying they still took a risk, just like any other speculator, and as such earned their reward. Because such a plan may have failed and caused them to lose money as well. ...”
This editorial can be found by putting the title in the phrase portion of your browser and the author's name in the "all the words" portion.
This doesn't seem to explain completely what is going on here. The stock indexes are rising, which means money that might go into PMs is instead going into other parts of the stock indices, probably driven higher by Fed "money". Remember that the fed is a private bank and has been given the authority to print our "money".
Holmes is yet another guru that runs PM funds, but can’t seem to be competitive with others in the sector:
“Three Reasons To Buy Gold Equities Today”, by Frank Holmes, posted 5/14/2013
Of course to compensate for the fact that he’s a lousy manager he visits PM editorial postings trying to get more of the unwary to buy into his managerial incompetence. He apparently never heard the saying of a rodent trap manufacturer whose claim to fame was, “Build a better mousetrap and the world will beat a path to your door”, meaning in the case of his funds if they were doing well it would be unnecessary to be making appearances on all the PM editorial columns and YouTube events.
Anyway, good timing today, 5/15/2013, Holmes. It looks like we may crash again, and of course your funds, more than others. Almost all of these PM funds are doing poorly, but worst among the worst is this one. The only thing most of these funds have in common as a positive is that their portfolios include Yamana (AUY), which may be the only bright star keeping them from going out of business. But Holmes current post states the following:
“Gold companies are increasing their dividends.” implying that their investors are receiving dividends as a result. United World Precious Minerals fund (UNWPX) did NOT pay out a dividend in 2012, so the implication is as good as a lie.
For all spammer haters:
There is a free program that will disclose the computer and its location from which the spam is being sent. It is so effective that it can get past firewalls and routers. You will have to provide personal details that require approval before you get authorized by return email to download it. If you violate their agreement the program stops working.
The program is a free download at: “spammerHDwipeoutDOTcom”
(Hopefully you’ll get a chance to access this before Yahoo takes it down at the spammers’ requests)
So, Goldy, why do you enable cookies? The only benefit is for the Yahoo Interactive charts. There are competing free chart services that don’t require cookies.
FYI visit the following (just in case you didn’t):
Here are some LOL words of wisdom from one of the Internet’s gold gurus:
“The sellers are gone and the buyers are scant. We believe the bottom is in and a rebound should begin very soon”, by Gordon Roy-Byrne, dated May 14, 2013.
This can be found easily by placing the quoted title and author in your browser.
As we proceed down this Federal Reserve pathway to destruction more words of wisdom will be quoted to assist the unwary in retaining enough dry powder to explode the Fed’s strategies to extract real wealth into the hands of the elitists from those who understand what it consists of but may be convinced they’ve made a mistake.
It has become obvious over a period of a couple of years Yahoo has sought to extract from those who visit financial chart information that is only of value to Yahoo and bankster interests. Slowly access to Interactive charts has become limited with “cookie enabling” requirements.
Not all charts have this requirement. The ones that do suggest an objective. Most discussions on the subject claim cookies are used to “benefit” user experience of those who visit websites with a requirement to “enable” seemingly innocuous invasions of privacy. On a micro scale they may indeed be somewhat innocuous, but on a macro scale enough who agree to such “enabling” hand power to the website owners that go against the best interests of those who agree, but are not privy to the results. SO THIS IS NOT A SUGGESTION THAT THEY BE DISALLOWED, BUT RATHER A REQUIREMENT THAT THE RESULTS BE MADE PUBLIC AND AUDITED TO MAKE SURE THAT THEY ARE.
Later in depth reference to this will be provided by pointing to authoritative websites that do a good job of giving the details, which so far have only been hinted at on those that have been visited. The belief is that such data can be presented in easy to understand chart form for AUY, which Yahoo requires “cookie enabling to view their Interactive charts used by bankster interests to drive share price in directions of benefit to them.
The following is suspected but there hasn’t been a website found that will back this up that can be used as reference. The collection of enough of this “cookie” data can be presented in chart form to divulge the volume of visitors on any given time period, to take out the stops of those that have them in place using High Frequency Trading, thus taking pennies off of each trade, but garnering profits in the billion$. You are not anonymous when using the Internet which is also a problem if targeted. Yahoo openly states this in their message board TOS.
It must have been really interesting since it raised the ire of the censors so they would not allow it to display.
On another somewhat related issue, the chart for Spot Gold on Kitco showed, as usual, the manipulation of the PM market. But today it demonstrates some collusion between Asian markets and the New York/London market. Nearly all currencies declined versus the dollar. That, in itself, is collusion. But note that there was anticipation out of Hong Kong of a take-down of PMs upon entering the London market. The take-down ended about mid-session New York, as the manipulators took off for a weekender on their yachts made possible with TARP money, but with enough of a downer to produce a loss at end of session. That’s real chutzpa on their part to demonstrate that they feel paper gold will continue to drive PM prices (mostly down) ad infinitum.
The following is a reply to all bankster inspired censors, the elitists and the elitists’ banksters in general:
“...Maybe the economic textbooks need to be re-written. ...”
Oooops! It was forgotten that all economic textbooks are reviewed and approved by bankster operatives. If any students that have interest in the PM market sector read this message be sure to not let your bankster approved Econ instructors know you don’t buy their “economics”. That should get you an A+, 4.0 or whatever is highest at your institutions of “higher” learning. Remember you are paying out a lot of fiat dollars to be certified as a bankster brainwashed idiet (mis-spelled purposely).
It seems like this conversation has been going on forever. Whenever the bullion exchanges get in a spot they simply require that payment must be accepted in counterfeit fiat monopoly money. One of these days the wrong group is going to get double-crossed and show up with an army to demand payment in specie solely for the reason of being fairly compensated. Who then will be there to defend such crooked dealing? Will the mass media portray the truth, that a robbery has been attempted to exchange paper for gold? It seems there are always those of a mercenary nature, if sufficiently compensated that will defend the crooks. Maybe they will even be convinced it is their “patriotic duty”.
It is not a question of if; it’s only a question of when.
‘hapiwondrer, "In the old Soviet Union under Stalin there was complete concealment of economic statistics."
That seems more preferable than distortion or outright lies. It's more respectful.’
Apparently you are unaware of how Soviet economic statistics were collected.
They did broadcast statistics for public consumption that were nothing more than propaganda. And the hidden statistics were bad as well, since those that collected them were more interested in displaying themselves in a favorable light by bettering those statistics for which they were responsible. As far as comparing theirs to ours, it won’t be too long until it is a distinction without a difference going back to the Soviet era.
Hi gpawx3. About AUY you say, “...Some of the worst management I have ever seen. And to think I used to own this dog!...” So what has been your alternative? It is assumed that like the rest of us you realize the PM markets have been undergoing a bankster takedown, although some still profess that it is just a “normal” market correction.
The history of banking indicates, and in particular the Rothschild influence ongoing since the 18th century, that current conditions are anything but normal. It seems to be a stretch to think that when there is more than a 50% concentration of worldwide wealth into a small group of people that manipulation is not a factor, particularly in the PM sector which competes with the aforementioned individuals whose wealth relies heavily on being able to produce and control fiat currencies, among many other areas too numerous to mention.
All reports available indicate that physical PMs are in very short supply, and so the price is going down? Maybe the economic textbooks need to be re-written.
In the old Soviet Union under Stalin there was complete concealment of economic statistics. Now we are headed down the same road, but the method is a slanted presentation of the numbers parading as fact, which is virtually the same as concealment for all practical purposes.
Those who work for and on behalf of government seem to have been brainwashed into the belief that current statistics are of some value, whereas they are more often used to move markets in the direction that the elitists’ banksters and their political puppets wish.
One of those who supported the view that the BLS produced reliable statistics was Pierre Rinfret, an economist who advised 3 Republican Presidents prior to 1990 and ran for Governor of New York. He was an interesting person and a WWII hero, but if you asked him about government statistics he felt they were above reproach, as all who collected them were highly professional in providing dependable numbers. He had a blog (some of which has been saved) up until his death in 2006, and apparently carried the belief that the integrity of statistics of the BLS was above reproach. So Potomac fever is indeed highly infectious corrupting the thinking of even the most upright of individuals who spend too much time under “Beltway” influence.
The point is that if statistics have to be interpreted, because relevancy is hidden within, they are useless. That’s because of the impact the slanting of those statistics has on most that hear about and misinterpret them by not delving into them in depth, which supposedly turns fiction into reality for the politicos who hope they will be acted upon superficially. That is what leads to what one well known individual called, “irrational exuberance”.
Recent reports state that the US mega-banks are acquiring PM bullion, while in the past they sold it. Since that is the case would anyone that has been acquiring their own personal stash like to venture a guess why individuals cannot take a fraction of theirs to any bank and receive in return fiat money at the going dollar rate for PMs? Why would banks refuse to exchange on such a basis to individuals? Are they not doing so already with the COMEX and similar outlets worldwide? Doesn’t that indicate to readers of this topic the serf status that they occupy?
Further, shouldn’t this topic be one that has been widely discussed previously throughout the Internet, other than by so called experts? Doesn’t this question go to the heart of the matter when consideration is given to the widely recognized destructive nature of fiat money (including so-called debt free notes)? Are people really willing to give up their liberty to the banking cartel? Doesn’t it seem to be to so if many are not asking similar questions? Since China, Germany, India and others are placing vending machines for similar exchanges, why are they not also available here? Do you believe that almost all of the US central government is part of the conspiracy, along with their handlers at the Fed, to not provide a means to make such exchanges?
Historically, after President Jackson’s opposition to a continuance of the private 2nd Bank of the United States, Lincoln, then an Illinois State Legislator backed the continuance of the charter for the bank in opposition to Jackson. Was Lincoln really the anti-slavery individual he is portrayed as, given the control freak nature of fiat money? Is Steven Spielberg yet another Rothschild operative with his recent movie, “Lincoln”?
Is America REALLY free, as the propaganda suggests? Do we really have true liberty, as imprinted on all our debased “money”? Aren’t both major parties at fault for not addressing these questions?
Why should anyone be surprised when Holder refused to go after blacks who intimidated voters in the Philadelphia area in the last election? Holder’s objectives have NEVER been about the Rule of Law. Some Attorney General, huh?
It is important to back up serious claims. The following is in reference to SEC statements about insider trading on information concerning an acquisition by Kuwait Petroleum Corporation (KPC) and Santa Fe International.
We all know how difficult Yahoo has made it to post links, but the following information, pasted in a browser will find the relevant SEC document:
Speech - Securities and Exchange Commission
Individual words (just copy and past in the browser’s Advanced webpage):
Jun 2, 1983 financial adviser to an outside director Sante Fe International between Santa Fe and Kuwait Petroleum Company was about to be
What is missing from this account is jail time served by the Martins, while Kuwaiti’s skated. Use “Find” and Martin appears in the SEC document.
In the process of finding this document it was also learned that KPC has been playing fast and loose with the pensions of their American based employees when later selling acquired assets, then claiming reduced benefits in the process (net instead of gross in the case viewed). Some took KPC to task in court (Bourgeois vs KPC). We be Wondrering how many do not. Expect this sort of thing to snowball as more foreign corporations acquire US assets with little recourse from a government mired in tremendous debt brought into existence by Rothschild interests (like GS & JPM). Remember Holder’s statement on why government does not go after large corporations engaged in criminality. This case represents a loss of traditional and hard won rights of Americans from foreign ownerships that has no history or inclination to honor pension agreements and will use spurious arguments to prevail. The case cited required appeal.
While “The global banker makes money from wars” they see to it no one interferes with their profits.
An account of Kuwait’s control of a major US corporation follows.
Gerald Ford left office to become one of the officers of Santa Fe International (SFI). It’s unclear how politicians have the background to be in such positions. SFI had acquired CF Braun Engineering Corp and in 1981. Kuwaitis, connected to the government of Kuwait, told all their family members of the acquisition by Kuwaiti Petroleum Corp of SFI and profited enormously as a result by acquiring stock options in SFI. If you think the SEC is crooked today, they certainly were back then because the rise in SFI shares skyrocketed prior to the public announcement of the acquisition. This was during a downturn in the engineering/construction industry.
Previous acquaintances were accountants (Martin). One day the CEO of CF Braun (McDonald) approached them to have his taxes done and asked what would be the impact on his tax return of a large increase in his SFI shares. Martins’ Tax Accounting Service (Seattle, WN) put 2+2 together and bought call options in SFI, also profiting enormously. The Martins served jail time for their trade and their trade profits were seized. How we knew about this, as we had lost contact with them for many years, was an account in the Wall Street Journal. Of course none of this happened in the case of the Kuwaitis.
The corruption many are becoming aware of in the financial markets, creating such movements as Occupy Wall Street, is indicative of a hands off approach to the big players who manipulate PM markets for their benefit, and never get jailed for doing so. This has become much more blatant. Had Saddam Hussein known what he was up against he might have thought twice about even considering an invasion of Kuwait because of large financial interests here in companies like SFI being damaged as a result. Tyrants never think beyond the wages of complete control of their people.