jt

Silver Futures Show Markets Are Acting Strangely

kohlakid you sound like a mob lawyer...they're innocent b/c they've got a gun to the wife of the guy testifying who is an eye-witness to the crime of which the mob is not guilty b/c the witness won't testify b/c his wife has a gun to her head, and he won't talk.

You can pretend that you know that b/c they have the status "broker/dealer" and can therefore CLAIM to be hedging for hmmmm...for whom exactly??...that therefore they actually ARE hedging for anyone but themselves...WHO DO NOT MINE GOLD OR SILVER, and therefore should NOT be able to "hedge" as you say, since that was the whole intent of being able to hedge on the COMEX in the first place.

But, back to your claim...bet you can't come up with even a small fraction of the total amt they're short that belongs to ANY client (other than others in the anti-gold bankster cartel) who is hedging their mined metal prices. Go look--those with big hedges...hedges that are way beyond totally underwater, such as Barrack (a company the meaning of whose name in Hungarian matches their soul and their modus operandi...oh, it's f**k_s**t BTW...yep, the name given it by Munk...go look it up) et al are actually trying desperately to COVER their hedges, not put new ones on.

But of course being the scum-defending lawyer you are, you'll tell me that those names are "confidential" and don't have to be released...like everything else these banksters do, under the guise of being "federal" like the Fed...all private and for themselves only. This is and has been shown definitively to be and will be proven publically to be in the future a totally manipulative scam set up by and run for many decades now by the anti-gold intl bankster cartel to prop up their massive, largest in the history of the world, fiat currency counterfeiting scheme. And I for one would love to see the group as a whole be hung publically...along with those who knowingly defended them....

World Bank President Robert Zoellick on Dollar as Reserve Currency - Bloomberg

It's more than just the question of "recovery"...the question and the point is how can we the U.S. ever pay back the debt we owe (actually the amount the Fed and its Bankster Cartel lost playing its derivative games that b/c of the fraud of the present banking "system" WeThePeople have to pay back...with interest) without massive devaluation of our currency. And in fact, since this fraud and this robbery by the Fed-led cabal is ongoing and actually accelerating, the question is if their actually is ANY level of devaluation of the FRN at which we can actually pay back even a fraction of the debt we owe...collectively and individually.

The only answer is that Ron Paul and friends MUST succeed in first getting the audit on the Fed so that at least some portion of the not already completely blind or dumbed down or complacent/indifferent sheeple people of this nation can see exactly what they have done and continue to do to rob us of our wealth THRU their devaluation of our fiat currency, that we are forced by law to receive as pay and to use as money. Then we need to dismantle the Fed and its Bankster Robber-Baron Cartel and return control of the money supply to the people thru their representatives, as our Forefathers warned us MUST be the only process for doing so. Only then can we talk about any meaningful "recovery." jt


On Oct 04 12:04 PM relaplan1 wrote:

> There is no way the US economic recovery can be sustained if the
> $US strengthens.. Simply, there are just too many states and other
> government enitities on the verge of bankruptcy with no hope in sight.
>
> Michigan leads the pack, but there are many states close behind.

Why You Should Have Some Gold in Your Portfolio

Face it, PaulHM...all you're saying is that you've never lived thru a situation where gold is money and is used as such, and you don't have a clue at the moment how it would work. But the fact that you don't know doesn't negate the past 5000 years of world history where gold has ALWAYS been accepted as payment EVERYwhere, b/c there has ALWAYS and will ALWAYS be a market for it.

Having a little (paper) cash on hand for small purchases (at least until it becomes worthless), some type of physical hoard of food and water, a safe place to live, perhaps a supply of gasolline, and perhaps some form of protection (?gun/ammo/??barbwire), a generator, etc, is always intelligent. But gold/silver will always be money.

The money you can get "in a split second" might be losing value by the second, too, if we're actually in a situation where you'd have to sell them. And in that case, gold and silver's value will be skyrocketing in what ever currency you're getting paid in...jt

What Is Hurting Gold?

Well...you do prove one thing by your little "analysis"...and that would be that they apparently now allow ANYone to post theirs, even those with obviously NO expertise or knowledge of the topic but what a sixth-grader could "glean" from the pabulum-spouting (that's fancy talk for lies, spin, obfuscation, and, oh yeah, did I mention lies?) mainstream media propaganda machine.

"But instead, gold just sits there. The failure of their predictions has led the community of gold bugs into warnings of evil conspiracies by nefarious cabals."

I know it's very PC for those with absolutely NO journalistic integrity or courage to spout the "conspiracy" word and so sound somehow like someone from the "in the know" crowd. But the fact is it just shows you have NO clue of what you speak. Without the knowledge of what these supposed tin-hat wearing "conspiracy" freaks have revealed and proven way beyond the shadow of a doubt needed in any court of law, you can and will make absolutely NO sense of what goes on and has gone on for the past two decades in the precious metals markets, esp. on the CRIMEX.

Perhaps your next 6th grade term-paper (ok, fess up, is your daddy on the review board for articles for this site and trying to promote your writing career??) could actually deal with the evidence put out publicly for all to see (eg, by GATA et al) of the ever-growing more and more blatant manipulation and control of the prices of gold and silver on the COMEX and what affect that may have had on bringing on this financial crisis in the first place, all for the benefit of those who have a stranglehold on the balls of our economy (and indeed our very economic liberty) thru their control of the supply of created from nothing funny munny fiat. currency.

Asset Class Review: Crude, Gold and the Dollar

--Yawn! Yup, the sun rises in the East, and guess what? It is right there in the charts....I guess when you get paid for writing something, does it have to be enlightening? Profound?

You said that right spartacuss...or how about a little more research before posting as "expert" analysis this bit of trifle:

"A strong gold market is partially reflective of weakness in the U.S. dollar, which makes the inability of gold to make new highs lately all the more troubling, given recent dollar weakness. One interpretation: markets are not buying the inflation theme, making gold less attractive as a dollar/currency hedge"

Well, your interpretation, unfortunately for those who want to learn the truth (now, who in the world wants the truth??...I confess, it would appear not very many Americans...but for those who do), the fact is that the investment demand for gold (and silver) has been tremendous!!! Hmmmm...there goes that piece of expert info down the tubes.

Any other possibilities?...howz about the forensic approach: Cui bono? For whose benefit? Who gains? Who benefits from the prices of gold and silver NOT going up? Hmmmmm...let's put on our 8th grade thinking caps...ok, hmmmmm...the Fed can create and has been creating almost without limit paper / electronic money that has found its way into the coffers of its bankster / financial institution shareholders and partners and o/w members of its (anti-gold) Cartel. Those who can touch the newly created money first (those just named) get the immediate benefit of new wealth. The value of that fiat funny munny is reflected in the value of gold and silver. Gold going up is a warning and reminder of the value of the paper (the electronically created from nothing) money going down...wouldn't want that now would they?

So...hmmmm...who might benefit the most from those prices not rising? Let's see...a little bit more research (after all, experts ARE experts, are they not, b/c they actually do some research?)--who has the largest short positions (actually NAKED short positions) on silver and gold on the COMEX?? Wow!!!...surprahz surprahz says Gomer, it's JPMorgain4Elites and HSBC!!!...and surprahz again...known members in good standing of the mafioso Fed-led and supported Bankster Cartel!!! My mouth drops open...again, in utter surprise.

So, dear "expert"...you're d*mn right it's troubling!!!! But it's troubling not that the prices are not going up when by all rights and evidence they should be, but b/c they are being forcefully HELD DOWN by those in real power...the Shadow Govt that now runs this country...the Fed and the Bankster Cartel, including our Treasury and its Secy, or should I say, the Treasury branch of Goldman Sachs. It is flat out criminal and against all the rules of the commodities markets. But then, hey, who cares...there's still food on the table, right?

jt

What's CNBC's Problem with Gold?

--"However, there are rumors of manipulation and I always take those with a grain of salt"--

Ray (and the rest of you politically correct sheeple)...why go half the way there with an interesting topic and then go braindead like that? Why do you have to write such inane script like that? Why in the world would you take such "rumors...with a grain of salt"...???!!!!! Why would you not understand that this manipulation and price suppression is at the very CORE of the damage that has been done to this Republic, to its currency, to its economy, to its working class and LOOK INTO IT, YOU LAZY SLOB!!!

You think you can write those PC meaningless words and sound intelligent?? Well maybe you do, but only to those like you...PC and lazy...but not to those who want to know the truth, to get to the root of the problem. Why don't you go look at the evidence?...evidence that would stand up in ANY court of law were it to make it there. Then come back and tell us how many "grains of salt" it took to bury the evidence....

Sorry to be so in your face, but that kind of comment has NO place in open and honest and intelligent discovery and discussion, which these boards should be encouraging. If you think that you should just blow off the majority of "conspiracy theories"...esp ones with such overwhelming evidence, then you really are part of the problem...you really are just another sheep. If you have good evidence that it IS just so much BS, then show us the evidence and contradict it...o/w at the least don't go spouting off about what you don't know until you can say something intelligent about it. jt


On Aug 04 01:23 PM Ray wrote:

> I never said that its CNBC holding gold down?? I just don't understand
> how folks do not see that gold is a legit investment. However, there
> are rumors of manipulation and I always take those with a grain of
> salt, but I think we can agree that commodities markets can easily
> be manipulated, i.e. oil. Learn the markets or research it before
> you assume everything is a level playing field. Otherwise you do
> not have an informed position, period.

What's CNBC's Problem with Gold?

Yes...it is disgustingly simple--the mainstream media (MSM), including CNBC et al, is bought and paid for and controlled through desks in DC and NY all belonging to the Bankster Elite family (actually it is controlled almost in toto by 6 persons). It is now for US citizens what Pravda was for our Russian peasant comrades in the last century...pure propaganda...pabulum for the masses..."gentle" brainwashing.

And it's a no-brainer why their masters are anti-gold, as in "DOH!!"...they control the printing press. They control the money supply or are first on the food chain to receive "new money." (To call it printing is now an anachronism as we're essentially dealing with electrons in the ether, created with a few keystrokes and placed in the hands of the club members.) And as Nathaniel Mayer (Bauer) Rothschild quipped in the early 1800s: (and I probably paraphrase) "I care not a whit what puppet they put on the throne of England, on the throne of the kingdom on which the sun never sets, whoever controls the money supply controls the throne, and I control the money supply." He controlled the Bank of England, and the Fed is simply one of the demon spawn of the Bank of England.

Gold is the canary in the coalmine that warns of the degradation, the devaluation, the inflating of the paper currency (note, I did not say "money"...gold and silver are money...the FRN "dollar" is simply currency...backed by...well, if you don't know what its backed by, you can't possibly understand this article or my comment)--the higher the price of gold, the more the devaluation of the paper currency becomes obvious. So suppression of the price of gold (and its poorer cousin silver) is necessary for TPTB to be able to continue to tout their "strong dollar" policy...which is simply a bold faced lie, nothing more, nothing less.

And the ridiculously low price of gold (compared to new currency created, esp. FRNs) is what they have used to justify low interest rates (Gibson's Paradox--just ask Larry Summers about that) and the lies from the BLS (Bureau of Lying Statistics) about our rate of inflation (which of course for anyone with half a background in real economics is NOT about prices, but about expansion of the money supply, which will in the end bring about all kinds of price inflation while in the meantime leading to gross misappropriation of capital).

And I could go on, but again, the bottom line is exactly as stated by our ManAboutDallas...he ain't really MAD at all...but right on the money...so to speak '-) jt

Why China's New Colonialism Should Precipitate a Crisis

" Its currency is not convertible and is in no position to rival the dollar"

That is as one-sided a pro-dollar, pro-administration, pro-bigbankster piece of WashingtonianWallSt. economic propagandist crap as I've read recently.

That's not to say China doesn't have its problems. But the dollar is the deadliest piece of the entire fiat fraud with which the WallSt Banksters and their Intl Bankster Cartel Family have defrauded and robbed not only the working class of this country, but of the world. To call it "strong" or especially to imply that it is "stronger" than any other fiat currency is simply to restate the lie that has made that Criminal Clan wealthy beyond all human imaginings at our expense.

In fact, the dollar's only strength now is the strength of the lies that surround it...their ability to deceive "the peoples" that there is ANYthing backing it but the promises of superwealthy and superpowerful conscience-less criminal scumbags who don't care one drop of sweat about them NOR have ANY plans whatsoever to repay the absolutely ungodly debt they own them nor make good on or take responsiblity for the financial fraud that backs the dollar (as in $600-700 Trillion or more of derivative debt / bad bets) that they have perpetrated on them for the purpose of putting pretty lipstick on the green paper piggy that they can create for their own use with absolutely NO oversight from the American people, nor even by their elected representatives!!

But that time is coming to an end soon, when the peoples will continue to listen to and believe the lies. And then authors like this one and the rest of his ilk can pen all the "strong-dollar" "weak ROW" spin they want. But the ROW...the Rest Of the World...by then will all know the lie, and in fact, will reveal the fact that they've known it was a lie for a long time. Hope y'all have your wealth in something other than (Nothing)Federal(About... (Absolutely-NOTHING-in)Reserve(Backing-It) Note(Paper)...it's nothing but a lie. jt

History of Silver, Part III: Inventories Are Gone

The Manipulation will NOT be ended until the so-called "Big Buyers" cease all paper games on the COMEX and simply take delivery of the metal. Or at least it will continue until they take whatever profits they can eke out from the owners of the CRIMEX Casino and use IT to buy the physical metal.

Either way (and the first is much more efficient), only the buying up of physical by ALL who want to see this end along with the anti-Gold Cartel's power over the price will bring closure to this unbelievably sordid criminal fraudulent suppression of the prices of silver and gold...a manipulation involving more derivative fraud and causing more destruction to our country's (and the world's really...esp those depending on mining, such as S. Africa et al) and our country's currency's financial health than any other in recorded history. Those involved should be prosecuted and hung as traitors.

Certainly the see-no-evil, hear-no-evil, speak-no-evil CFTC fatcat paidoff dirty cops won't be getting around to finding the elephant in their living room until well after the S hits the F and there is a COMEX default. I'm sure they've already got their little "what a surprahz this is" speech all ready.

And if this is what the Obamation meant by "open and transparent" administration, I can just imagine what all else is going on in the backrooms that we'll never hear about. He's been long ago bought and paid for by those who have brought us this Criminal manipulation...jt

Ivanhoe Mines Close to Agreement with Oyu Tolgoi

Cash flow positive in 2020...think about it...LUDICROUS!!!! Who the heck knows what the world will even look like in 11 years...yet alone talk about being cash-flow positive. I still own a few shares I didn't sell between $11-$13(US!!)in 2007...VERY few in comparison to back 4-5 years ago when OT looked like the 8th wonder of the world, a neverending treasure chest.

And I couldn't care less about the target price anyone sets. "Major progress" has supposedly been happening the entire 7 years of this idiocy and greed by the Mongolian govt. I'll believe it when I see it, and I'll be selling the rest of what i've got left the day after the agreement is announced...if it ever is...b/c I don't trust the Mongolian govt at all to not change the terms once the money has been put in.

Heck for all I know, Obama could get us into a war with China just to try to "get us out" of the Biggest Depression Ever...stranger and stupider things have certainly been done by people in power...and Mongolia could easily be "annexed"...again...by China...along with all resources. Anyway...I'll take the money and run away from Mongolia for good, once the "agreement" to rob Ivanhoe has been announced. If it turns out to be a good longterm investment for some folks...hey, good for them. But it aint me, babe. jt

3 Ways to Profit from Brazil's Tupi Oil Field

A von A...sell what? Warning about what?... and why? TIA. jt

Ten Reasons to Avoid the Gold ETF

Well rp, whoever you are, even if they actually "have" the gold...here's the scam...perhaps a "legal" scam...but "legal" only b/c these banksters have been allowed to operate outside the law for so long by those in positions of trust and authority who have benefitted from their bosses' created out of nothing funny munny. It's called "multiple ownership"...ie, the gold used is used by multiple funds / entitities, ie, is encumbered, ie, may be unallocated but may even be allocated to someone and likely will never be claimed (or allowed to be claimed) by anybody:

Bix explains it in tonight's LeMetropoleCafe:

I see a lot of discussion on whether or not the gold and silver ETF's actually have the physical metal that they claim. Although Jim Sinclair says that he doubts it, from my analysis of GLD and SLV I believe that the gold and silver bars may actually be real and the serial numbers they quote might actually exist. Boy, wouldn't that be a shocker!

The fraud lies in the multiple ownership aspect of those bars and the physical location of the inventories. Fractional Reserve Metal Banking is alive and well in the ETF world! From my discussions with David Kass of the CFTC it is clear to me that there is a direct connection between COMEX warehouse inventories and the ETF inventories where both are being double counted without regard to sole rights of ownership.

www.lemetropolecafe.co...

Here's the way I see it:

1) There are multiple claims of ownership of the GLD and SLV physical inventories including ETF shareholders, sovereign nation reserves, working manufacturing/refining inventories, pooled accounts, metal certificates, swaps, leases, etc. Although much of it may be stored in the ETF sanctioned warehouses in London, it is also in various other places (Fort Knox for example!). It would not surprise me to find out that the "metal leverage" translates into 3 or more claims on each individual bar listed in the ETF inventories. Neither prospectus requires physical audits, sole ownership audits or any strict storage location requirements.

2) The supposed naked short positions in gold and silver on the COMEX have been justified to the CFTC by the banking cabal (mainly JP Morgan) by claiming that at any time they can back those positions with the physical gold and silver located (and identified by serial number) in the metal ETF's. As the COMEX short position grows the inventories of GLD and SLV must grow as well to justify the naked short. The CFTC has never, to my knowledge, verified that the metal is real OR that there are no other claims of ownership on those inventories. Of course the obvious claim on that metal is the shareholders of the ETF through their "Authorized Participants"....don't even get me started on who those Authorized Partcipants are!

3) In the end, a gold/silver default is inevitable thus rendering the multiple ownership aspect of the manipulation plan a success. The default will happen in concert with the multiple other financial/currency defaults thus deflecting and masking the true nature of the scam. Of course, the losers will be those who thought they owned the physical metal but will never reap the rewards of it. The winners will be the countries in which the metal is stored because a collapse on a grand scale will surely promote the nationalization of all gold and silver the government can get their hands on for the good of their population. Thus the BIG winners in this game will be the USA with the COMEX inventories and England with the ETF inventories....no surprise there.

On a side note, it is very encouraging to hear so many new voices exposing the banking cabal after years and years of the GATA faithful fighting this battle alone!

Time to buckle up...AGAIN!
Bix

Ten Reasons to Avoid the Gold ETF

Le Patron of LeMetropoleCafe (an outstanding subscription service well worth the yearly fee of ~$200 for pertinent daily commentaries from around the globe, btw) said he'll put the link to this article into tomorrow's MIDAS du Metropole...today's has already been put to bed.

jt


On Feb 18 03:37 PM jt wrote:

> Excellent article...am emailing MIDAS to make him aware and perhaps
> put a link in this evening's LeMetropole.
>
> Augustus...with that comment, I think you are an ideal candidate
> to buy more GLD...or perhaps you work for one of the banks behind
> it?
>
> whenmusicstops...yes, that is true about almost all commodity ETFs...CEF
> is and exception rather than the rule. That is why it is so important
> to own physical PMs if you're truly looking for a safe haven for
> your wealth. Even CEF should be a somewhat distant second to owning
> physical. But IMO, and many others who have been following the gold
> / silver / currency markets and the "strong dollar policy" for years,
> the ETFs were an obvious attempt by those suppressing the prices
> of gold and silver (the sum total of Rubin's "strong dollar policy"
> btw), to detour monies heading into the PMs into more paper that
> they control. Just look at the backing of the PM ETFs and you'll
> understand.
>
> Take your money out of GLD, buy physical if you can, if you're limited
> by your IRA, buy CEF, or producing mining stocks...esp mid-and early/very
> near (with the capital to do it) producers. Forewarned in forearmed...jt

Ten Reasons to Avoid the Gold ETF

Excellent article...am emailing MIDAS to make him aware and perhaps put a link in this evening's LeMetropole.

Augustus...with that comment, I think you are an ideal candidate to buy more GLD...or perhaps you work for one of the banks behind it?

whenmusicstops...yes, that is true about almost all commodity ETFs...CEF is and exception rather than the rule. That is why it is so important to own physical PMs if you're truly looking for a safe haven for your wealth. Even CEF should be a somewhat distant second to owning physical. But IMO, and many others who have been following the gold / silver / currency markets and the "strong dollar policy" for years, the ETFs were an obvious attempt by those suppressing the prices of gold and silver (the sum total of Rubin's "strong dollar policy" btw), to detour monies heading into the PMs into more paper that they control. Just look at the backing of the PM ETFs and you'll understand.

Take your money out of GLD, buy physical if you can, if you're limited by your IRA, buy CEF, or producing mining stocks...esp mid-and early/very near (with the capital to do it) producers. Forewarned in forearmed...jt

Gold and Silver - Perhaps the Bugs Have the Wrong Beast?

The two links got chewed up again (why seekingalpha, is this necessary?):

The end of the first should be: -gold-exchange-report/

The second should read, after fed/org: /docs/historical/ before martin/ etc