Market manipulation has been a hot topic over the past couple of years. Not only are market participants suspicious of high-frequency trading, but several allegations of market manipulation in all sorts of markets have been made against large financial institutions.
Gold market manipulation is the latest story in this saga, with Barclay’s (NYSE:BCS) recently being fined $44 million by British regulators for alleged manipulation of the gold market in 2012.
But allegations of gold market manipulation go way back depending on how one defines “manipulation.” In fact, manipulation of the gold market was once official central bank policy in the 1960s, during which time the price of gold was fixed at $35 per ounce. As the market started to creep higher in the late 1950s and early 1960s, the Federal Reserve and seven other European central banks got together in order to ensure that the $35 per ounce level was fixed.
More recent instances of manipulation of the gold market dating back to the early to mid-1990s are the result of a tactic known as “gold leasing.” This is when central banks lease gold or, rather, lend it to financial institutions called bullion banks in exchange for a small interest consideration. Central banks would justify this by arguing that the gold price was going nowhere and that they were better off earning interest on this “dead” asset than let it it simply sit in their vaults gathering dust.
This created an excellent short-selling opportunity for the banks that knew leasing was going on. While central banks were putting gold out into the market — thereby increasing the supply — they were reporting constant gold holdings because they didn’t differentiate between gold in their vaults and gold owed to them by the bullion banks. This created the veneer of a greater supply on the market, and it dissuaded investors from owning gold. This in turn exacerbated the gold bear market of the 1980s and 1990s, and the bullion banks could make a profit so long as
Please note yahoo will not let me post the rest of the article read it on wall street journal.
even wall street journal is catching the scam of the market now.
well lobster he did say he was from penn.
but he may have been born in an inbred location.
perhaps he wanted to be so much like wall street to meet his own deficiencies that he could not realize what he was doing by sucking them and sweeping the
under the rug for his own desires
the problem for wall street is that they have no loyalty to the nation or any nation.
they are not willing to die for the USA they would rather pillage it.
Which is my most real Americans wish for the destruction of their class first to rebuild America.
but for now we have to endure the humiliation of these heathens controlling our country's fate.
traitors that they are.
when you hear a person saying the constitution doesn't matter it is a RED FLAG they are evil people that wants to destroy america.
any congressman or president that says that is a TRAITOR.
anyway I took the time to buy my 1% increase in total svm shares.
today for the month.
next month I will buy another % total.
12.68% per year increase in svm for me then.
my other stocks are still doing great. apparently
also oopsie I am only after the most heavily shorted silver stock that is still making money despite the rampage in silver.
if taho is more shorted than svm by % then sure I may consider it.
But I will only buy it if you silver shorts have the potential to die if I buy it like svm that is.
otherwise it is not worth it.
well at least these nimrods cannot say anything about a scam now.
all they can say is that svm is under performing their peers in PRICE of stock
thats actually a good thing
because svm is beating the sector on profit per share.
that's too bad for the shorts at least.
now the only question is which silver miner will go bust first the USA silver miner HL 40 forward p/e and making 1 penny last quarter like svm with 30% more stock float
vs svm with 1 penny profit at these levels while mining 1/2 less intentionally instead of scrambling to mine silver at any price.
if svm actually wanted to they could make 2 penny profit per quarter that means.
forward they say it would be p/e of 10-11 but in reality it is more optimistic.
lets do 1.7/0.04 then = 42-43 pe pretty high
lets also do 1.7/0.08 where svm is arguably intentionally holding back
that would be =21-22
but considering the fact that silver is badly hit and potential to go up might be doable.
if silver goes up to say 30 bucks svm would have a p/e of 10-15
if silver went up to 40 bucks svm can easily get a p/e of 5
and at 50 today? svm can probably clean up with a p/e of 2-3 they might as well take it private if that happens.
HL as well is over valued. vs svm.
hl is 2.8 making 1 penny per quarter lets just say and that was their good quarter.
making 0 last quarter
so their true net income would be 2 penny per share
2.8/0.02 = 140 pe
pretty bad if I do say so myself much worse than svm.
and their forward is also too optimistic.
svm is 75% undervalued vs HL right now
unfortunately the Jon Carnes story still has the effect of drawing shorties here.
so imo longs shouldn't bother with them.
if they want silver miner this is the most undervalued one just because there are too many shorts
because they think jon carnes is right as he asked his friends to play svm for a loop
except little do they know they were the ones that are wrong.
and they refuse to admit it.
therefore they want to slowly bleed svm dry
which means what svm did with the dividend is actually the correct move because of them.
except they never took my advice for dividends in silver tax free because they are gifts to shareholders not dividend in legal terms.
basically your ddd and rvlt and zgnx?
since when did you make any other calls correctly
except the highly manipulated silver mining sector?
pumping and dumping all day long
short and distorting all day long
why dont you wall street buffoon losers
and traitors to our Constitution
just hurry up and actually find a real job
basically you are all sell outs to the highest bidder.
I wonder if you are even willing to die for our country.
I don't think you will though.
you are too much of a coward to fight.
When you see innocent people die you would just find ways of trying to profit off it.
Instead of trying to stop it.
your kind are the reasons why the real citizens of the US are suffering. but of course you don't care. damn leech
huh? as expected the china shorts are still here.
which is why I call you chinese china shorts racist to yourselves.
you dont even look up what you posted.
Jon Carnes is the scammer in this case proven already.
I was one of the ones that exposed his petty illogical claims after many others already disproved him.
and also svm wasn't a reverse merger.
they were purely made from scratch if you didn't know btw.
you clearly didn't do any homework.
and this is why I am still here if you china shorts would have left svm alone I may actually let you off the hook.
maybe later sec will see you down the road.
Jon Carnes already got into trouble for making up stories.
and we all disproved him.
if it wasn't for silver crashing and the federal reserve helping you,
you would all be dead already.
unfortunately you are still alive.
there is no justice right now so to speak against you heathens that are leeches upon our humanity.
please go die quickly and let karma consume you down the road gg.
also it seems you revived an old account I see you have no posts for a few months to years even.
way to go Mr FAKE.
whom do you work for should I investigate?
maybe I should just apply for the information department at the SEC and arrest you type of people as I surely don't like much of wall street gangsters like you people.
but then I would be the only one doing work unfortunately.
sad to say.
anyway Mr Thug,
can I call you that so what thuggery are you planning now?
anyone that is still bias here and still calls this a scam rather than just a miner deserves to be shot.
we kinda proved you numb skulls wrong about a billion times already.
if it were not for you douche bags we wont even need to speak about anything like that and instead focus on the matter at hand silver itself.
clearly you have no intention to argue about the silver industry and are only here because you are a fraud.
you dont even need to do anything but nope you just want to spam about fraud when there is no fraud so you can control the moment when it crashes or not.
you sir are a dirt bag.
also no one is promoting svm dirt bag far from it.
as you see svm is the most heavily shorted silver stock on the market.
meaning everyone and their grandma in the silver space is already shorting it.
prime way to call for a short squeeze but you are trying to hold investors back from doing that because of fear.
also you mean oriental paper where it went from high to low but is still there.
muddy waters was flat out wrong on that one.
except later by some dumb luck another scam of sorts not reported by muddy waters emerged and muddy tried to take credit when they didn't do anything.
and a result? onp exists.
but a shadow of itself.
I dont like it either way though I dont believe in the paper industry.
but a scam nope muddy was flat out wrong but the damage is done.
or how about qihu from citron?
yeah they accused them of begin a scam I said it wasn't likely qihu was vouched by google employee from taiwan and the founder was from china.
you wall street guys are real dirt bags.
I think I am getting way too caught up in you thieves and heathens of wall street wasting my time when I could be learning more skills and actually being useful to society instead of like you dirt bags stealing.
and it was verified already someone wanted to short the silver market and placed a target on svm and Jon Carnes had to beat them to the punch so had to make up stories so he could time the price decline or not.
thus insider trading and manipulation to the highest degree.
dirt bags like you deserve to be assassinated by others when the time comes.
and you are not a patriot.
you mock the Constitution.
and true freedom.
go to hell bankster #$%$
I hope that karma consume you.
eventually tides will turn on you and you will perish you cannot always win.
lets see if you can destroy the company or not.
lets see then.
I will watch.
its still operating at least.
also Chinese Americans did fight in the WW1 and WW2 and around Taiwan.
FYI they also served as some commanders/admirals in the navy+army
So hate the government not the people.
Too many Racists.
Elliot Rodgers hated his own blood as well most likely.
he was 1/2 asian 1/2 white.
but I am sure you know whom he is right?
the Asians that hate their blood are like him.
He was also racist like you.
He wanted only blond white chicks.
pretty pathetic. he wouldn't consider being friends with anyone else besides people with his racist ideologies.
He killed his roommates first then other people around him that would not accept him.
tried pushing others (girls))over the ledge because they wont give him what he wants and as a result he got beat up and pushed over ledge.
He kind of deserved what he got but instead he thinks he is better than others by having fancy cars.
yeah wow you got a nice looking car and nice clothes you are so much better. GO TO HELL man.
#$%$ with no courage to fight in the face of adversity that is what separates men from wusses.
that's you man
if you want to suicide go ahead don't drag others down with you so you can suck up to others.
done rant about an idiot that tries to revive an idiotc idea even asianvest already conceded there is no scam just bad mining industry.
even oopsie says there is not scam but bad silver industry yet you douche bags are now worse than those 2 dirt bags.
as I expected 75% of the shorts here are still china shorts
now idiot china shorts and distorters no matter what
are back again trying to scare people.
2-3 years now if we would sell or not and if any convictions they would have been made already clearly china shorts are delusional.
lets see if Jon Carnes gets jailed or not.
the only reason why I even post is because of the china shorts else I wouldn't even bother too much.
but nope these #$%$ are still here.
I already know they are hence why I call asianvest one of them. he probably hired another person and made another account these losers. with no lives.
if they would just shut their mouths and let silver do it's thing they would have obtained the same result but they want to do insider trading instead so they can control the prices for their bosses.
you hear me SEC, it is pretty obvious what is going on.
when are you going to get off your butts and do your jobs.
unless of course your job is to help the bankster/gangster class. perhaps you are then.
unfortunately. I dont expect much.
but at least arrest the peons like these losers. They are not even Americans.
they dont know what the Constitution is or the amendments.
and if they did they moved to Canada already instead so they can avoid US. What right do they have calling themselves Americans. they are not.
sorry anyone including the president/congress spitting at our contract-the Constitution between the people and their government deserves to be tried for treason.
point taken I will give you a thumbs up then as for being more objective
than the #$%$ bag pure china shorts.
the other thumbs up was likely from them.
gingey I already warned of geoinvesting investigating llen btw, a long long time ago I told people to be careful about that one.
but some didn't listen. I didn't need geoinvesting telling me that.
and also 2 -3 years after the fact gingey?
the problem is that I have serious questions on the integrity of mr Jon Carnes. I proved that he is the fraud in this case.
its either he and svm is a fraud or he is the fraud only.
both are the fraud in this case is mr Jon Carnes. no questions
the problem is when is Mr Jon Carnes going to be arrested completely then I will be satisfied and china shorts can do what they want. until then I will see to it the china shorts here have a hard time spamming their dribble.
the least they can do is Confirm that they are wrong first then pay for the fact they manipulated the market then they can spam their BS here.
the china shorts here are clearly wrong and Jon Carnes clearly called them for help in collusion if I was the SEC they would already all be in Jail.
until they do that they are #$%$ bags to me.
and gingey_01 the only reason I am here is because of fighting against them out of moral character otherwise I would say to hell with it already.
and I thought you were with HL for a long while? and didn't bother with svm? never mind maybe someone else. but she bought llen and I told her to be careful. seems shady and linked to reverse mergers with certain types of people
and you know what svm didn't need to be shorted by the china shorts it would have fell on its own because of the silver shorts.
now the china shorts and the silver shorts are tag teaming.
I very much dislike bullying, and will fight for the weaker + innocent side usually.
sorry that is just my morals.
The others like the china shorts + silver shorts have no morals because they work for the FED dont fight the FED join them to corrupt society and enslave us more?
yeah right? I tell them to go to hell.
so what did they gain by making stories of svm? timing thats all.
they didnt do BS. in this case it would have happened either way.
all they did was want to do insider trading SVM IS A CLEAR EXAMPLE of what the china shorts want to do.
CLEAR PROOF OF INTENTIONS AND INSIDER TRADING.
British Columbia side it was proven already Jon Carnes wanted to control the timing before another party most likely the bankster silver shorters side.
so he front ran then? yeah yep. insider market manipulation is part of the game like no duh.
all of them should be arrested and have all their wealth seized but that wont happen any time soon unless we actually get some real people with any morals in positions of power.
this is the sad state of affairs in America.
In this case I already proved with psychological analysis of both sides.
mr Jon Carnes was too arrogant and cocky in his postings, and clearly bended the truth instead of telling just the truth.
I already showed him the numbers but he would not believe it he, hid too much information
his sampling was also wrong.
collecting rocks and tailing the trucks? getting the truck weights wrong?
like what is this?
then he verified that SVM numbers were correct? he got like what 180-200 grams per tonne.
um HELLO red flags of major negligence.
but he skirted the last finding because it went against him instead tried to spin it as a bad thing?
WHAT? like really WHAT? total red flags of a LAIR..
He needs to work on his lying skills he totally botched up his assignment he was hired to do by a third party most likely. damn sell out.
and later he screams and moans about his employees getting arrested. um what did they think would happen stealing from a business and then making false accusations. the stealing itself could get you killed in China especially since the employee was a Chinese citizen first then immigrated to Canada/work visa who knows.
Some countries they would cut your hands off for stealing what we need is some of that punishment against wall street though. unfortunately our government are a bunch of bought out wusses for the time being.
then Jon Carnes was gloating that the investment relations leaving was a red flag but then now he came back and also called that a red flag?
WHAT? really GEEZ either way it doesn't satisfy him. because his head is caught up to make himself look better.
I do not like these types of people
and now they are reading this late at night perhaps from china as well.
it seems they have an agenda.
now that they shorted heavily they need some loser cowards to bail so they can cover.
seems that is their intention well short some more first loser china shorts.
Why do you need others to cover then? this will go bankrupt right? go then do it.
if you would have kept your big mouth shut about fraud then I may have let you go without me spamming you now I may follow your forums + citron + other message boards you occur on and spam you instead and force you to explain bit by bit.
you better be able to explain everything in detail and put up safe guard to prevent people from posting.
but if you do then your lame forums is not credible now is it?
because thus it is controlled.
better be prepared if you plan on posting stupidity again.
you can post real analysis of course.
but I doubt you will.