SilverGoldMarketNews   Home | Buying Silver/Gold | Archives | Mining | Contact

News, Information, Commentary and Resource Links for Investors in the Current Great Silver/Gold Bull Market

 
 

Site Navigation
 Home
 Buying Silver

 Archives
 Mining
 Contact

 Disclaimer
 Privacy

Recommended
Archives
 Ted Butler
 Jason Hommel
 Douglas Kanarowski
 Clive Maund
 David Morgan
 Jim Otis
 Charles Savoie

Continuous Charts
 Gold
 Silver
 Gold/Silver
 Silver/Gold
 $USD Index
 Dow Industrials

Futures Charts
 COMEX Silver Daily
 COMEX Silver Weekly
 COMEX Silver Monthly
 CBOT Silver Daily
 CBOT Silver Weekly
 CBOT Silver Monthly

 COMEX Gold Daily
 COMEX Gold Weekly
 COMEX Gold Monthly
 CBOT Gold Daily
 CBOT Gold Weekly

 CBOT Gold Monthly

Resource Links
 CoinInfo.com
 Commitments of Traders
 CMI Gold & Silver
 Forex Traders
 Forex Trading
 GATA
 Gold Silver Worlds
 Harvey Organ's Report
 Honest Money Report
 Kwaves
 Kitco
 Kitco Casey

 Kitco Silver
 Metal Prices
 Money Metals Exchange
 Money Changer
 Moon Phase Calendar
 Resource Investor
 Silver Futures News
 SilverCoins.com
 Silver Bear Cafe
 Silver Institute
 Silver Prices 1344-1998
 Silver Strategies
 TheSilverExchange
 To Buy and Sell Silver
 Trading Charts

 Turd Fergeson's Metal Report

 

   
 

 

   
 

 

 

 

 

   
   
 

Confiscation, Manipulation
and the Wars Against Everyman

By Dr. Jeffrey Lewis

Confiscation — both direct and indirect forms — and market manipulation tend to go hand in hand when it comes to forecasting the silver market’s future.

Furthermore, ongoing silver pricing issues include the overwhelming concentration of silver shorts, as bullion banks act like producers and push paper prices lower without ever being forced to deliver physical metal into a futures contract.

They try to keep their activities out of the media spotlight, with their claims of being safely hedged firmly entrenched in the minds of the mainstream investor.

Endless Investigations and QE Extensions

The seemingly endless CFTC investigation into silver market manipulation seems to be designed to do nothing while appearing to do something about the increasingly obvious covert market intervention.

In addition, extending inflationary QE programs to infinity will have the long term effect of destroying currency savings and dwindling precious metal supplies.  This means that there will be less and less physical silver available for future savers and investors with each passing day as investment demand surges.

As the house of fiat currency cards starts to fall and currency wars heat up, the eventual response to manipulation or downward price control will be a dramatic upward spike as silver prices return to fairer levels determined by supply and demand factors.

Questionable London Fixings and HFT Wash Trades

The CFTC is already discussing internally whether the daily fixing of the gold and silver price in London is open to manipulation.

Furthermore, The Wall Street Journal reported last Sunday that the CFTC is also investigating alleged wash trades by high-speed trading firms in future contracts tied to precious metals, oil, agricultural products and the Standard & Poor’s 500.

An illegal wash trade occurs when a concern executes a transaction against itself. This phenomenon is not to be confused with a “wash sale" that occurs when an investor sells a security at a loss but then purchases the same or a substantially similar security within 30 days of the original sale, thereby invalidating the tax deductibility of their loss.

Basically, more and more silver buyers seem to be emerging at each price dip. The stronger hands also increasingly seem to be the bullion banks themselves, who are reportedly covering their own profitable short positions and going long.

The Cyprus Crisis and the Dual Wars

Currency markets were shocked earlier this week by the Cyprus banking event in Europe that threatened confiscation of as much as ten percent of savings accounts held in Cypriot banks in order to pay back some of the country’s increasing overwhelming sovereign debt.

The consolidated Euro currency gapped sharply downwards from last week’s 1.3074 close versus the U.S. Dollar as trading opened for the week when the forex market had a chance to react to the threat made over the weekend. The Euro managed to find support at the 1.2842 level after the highly controversial proposal was unanimously rejected by the Cypriot parliament.

It appears that fears of confiscation may well be coming true as the dual wars on savings and hard assets seem to be intensifying.  Still, it seems worth asking oneself cui bono or who benefits from these wars? 

Certainly those insidious wars do not benefit smaller savers and investors. Such people would seem wise to diverge from the mainstream investment community that has been deliberately lulled into a false sense of security by those who control the media. 

Instead of being suckered into holding intrinsically worthless paper assets, a more intelligent and well-informed response favors increasing one’s personal stockpile of physical precious metals. This strategy has historically proven useful as a means of preserving wealth through a widening financial crisis that simply cannot be fixed with bailout Band-Aids.

For more articles like this, and to stay updated on the most important economic, financial, political and market events related to silver and precious metals, visit http://www.silver-coin-investor.com

 

Site Design and Maintenance Services by: Sundancer Graphics, Inc



© 2015 Sundancer Graphics, Inc.