ussmls7

Second Worst Month For Commodities Ever

Egg shells break , so has your charts,good luck,in a bad way!

'Index Speculators' Responsible For Commodity Prices?

When the CFTC released a report early this month,stateing there way no way that Silver was being manipulated. The timeing,content,was suspect,in it's self! That led to Small & Large investors,to seek more higher investagations.As of now,there is no resolve,but many have wrote letters,to find out the names of the 4 to 8,that hold 97% of total contracts,which is more physical silver,available world wide,much less from mineing.
Much more has been found,where as workers at Comex,in the past had directly,or by proxy,traded in silver,takeing hugh gains. Insider trade info, useless regulators,price fixing,is the norm now & in the past. Investment banks have been caught,chargeing fees for storeage,where there was no physical metal to deliver.Investors where paying for a paper promise,that the bank,could not deliver, & all they got was a slap on the hand. Now the ETF's,are nothing but paper promises,that are ripe for the pickens.
It is well noted,that the U.S.,Canada,Perth Mints,have all run out of silver,& now the U.S.Mint has put limits, on Bullion dealers,& the publics Silver purchases.Shortage in scrap recovery,mineing,90% junk, has lag times,that have sent prices higher,but they get shot down,by the Big nameless 4 or more traders, that stand to lose all. It is like who wrote,that if their bluff was called, prices would return to true form, of supply & demand.
Outside,looking in,if CFTC's rush to report there is no manipulation in the Silver market, most likely there is. That would apply to other commoditys.With all of the huge losses by the Giant investment banks,& more to come,would it be a consorted effort,by those same entities,to go any means,to stop there demise,& Oil & Energy ,PM's,Food is a source they, sence housing has dried up. It's sad, Americans will pay hard & long.
Don't forget the Fed,it sells false data to the media,cooks inflation readings,sells out BS,what a crook of crap,that we arein for.