Old Project Avalon Forum (ARCHIVE) - View Single Post - Banker Manipulation Of Gold And Silver Prices Further Exposed

argonacon · 11-20-2008, 02:20 PM

yeah, this has been going on forever, commodity prices being manipulated, just like any currency. However, with gold and silver particularly, they have been being HEAVILY mainpulated since the introduction of the globex system back in...what was it? last march or april?

the thing is, they arent really succeeding very well at the manipulation. they ARE keeping prices down, but, as an example, look at this:

http://www.kitco.com/charts/livesilver.html

thats the page for the supposed spot price of silver.
apparently, silver is currently trading at 9 dollars and 31 cents a troy ounce. but how can that be when you look at this ebay auction here:

http://cgi.ebay.com/NR-10-TROY-OZ-JO...1%7C240%3A1318

what do you see? at the time of the writing of this response, there was almost two hours to go on the auction, and the price of the auction was at $162.51 for 10 troy ounces of silver. now, i can tell you from the dealings and discussions I have had with my silver dealer, that bullion is priced higher than junk silver, old silver coins, or memoribila or whathaveyou, because the premium is higher on the bullion. be that johnson mayhey bullion bars, gold eagles, etc. there is greater demand for easily recognisable silver.

But lets look at the breakdown...

Silver is supposed to be selling at $9.31 an ounce. however, silver is selling at somewhere around $16.25 in reality. That is a $7 price difference. Thats almost double!

I saw silver go as high as somewhere around $23.50 before they introduced the new globex electronic system secretely overnight one day last spring, and then saw the price tumble. but heres the funny thing: THAT was also the spot price at the time. silver was still selling at the shop i went to at around $25-26 an ounce. for junk silver!

So, itd be pretty hard to say where silver would be at now if it were left to its own devices. I would be inclined to believe that it would be past $100 an ounce, because of all the recent financial turmoil...maybe higher! last january, it was at $14 an ounce, when i started buying. by march it was up at $23! and back then, there wasnt any doom and gloom or talk of a recession in the mainstream media.

you see, the fixing of the price of silver and gold are for several reasons: one reason is that tptb want to desuade us from investing or holding either as an alternative to paper money(physically or in the bank). secondly, they want to keep the price low so they can buy for cheaper. thirdly, they dont want a run on prices to mess with industry that uses silver and gold to produce electronics and goods for commercial and military uses. but the biggest reason they dont want to see a run on silver and gold is because that would create a massive panic, and youd probably see the economy crash very quickly, by people trying to sell their assets to buy silver and gold. youd see people de-investing in paper money. the value of currency will devaluate. ALL commodities will skyrocket. especially the metals and things like dried legumes, diesel, and rice.

the thing is, tptb, contradictory to popular belief, DONT want the economy to crash. at least not yet. it should have crash eons ago but theyve been keeping it afloat because they are simply not ready for that event yet. and youll see, even if the imf devaluates world currencies, and you see more food riots in the third world, and barack introduces his youth security force, and the mandatory training that rahmo is talking about, and all that, you will not see a full on economic crash for another year or two at least.

what they are banking on is a drawn out recession, time to train the youth to turn against their parents like orwells 1984 predicted, and smaller MANAGEABLE crisises. they dont want a full on economic crash. and yes, holding silver and gold will become illegal again. but that probably wont be until you see massive crisis, economic crash, war, or whatever, that will bring along the north american union. which is coming. but they need massive crisis for that. the language in the public isnt anywhere near that stage yet.

but anyway, thats my two cents. or rather, two ounces. there is alot of really interesting material out there about the fixing of gold and silver and more importantly WHY. and this is all just a bit of a hypothesis by me, so, you know, take it as you will. who knows, maybe everything will happen sooner.

if i were you, silver and gold is a great place to invest in right now. you might see another big hit to those commodities in their SPOT PRICE, in the next few months or year or so, to try and push another big sell off before they let the prices go much higher, but they will get much higher than where they are at, especially in the real markets.

11-20-2008, 02:20 PM	#2
argonacon Avalon Senior Member Join Date: Sep 2008 Posts: 35	Re: Banker Manipulation Of Gold And Silver Prices Further Exposed yeah, this has been going on forever, commodity prices being manipulated, just like any currency. However, with gold and silver particularly, they have been being HEAVILY mainpulated since the introduction of the globex system back in...what was it? last march or april? the thing is, they arent really succeeding very well at the manipulation. they ARE keeping prices down, but, as an example, look at this: http://www.kitco.com/charts/livesilver.html thats the page for the supposed spot price of silver. apparently, silver is currently trading at 9 dollars and 31 cents a troy ounce. but how can that be when you look at this ebay auction here: http://cgi.ebay.com/NR-10-TROY-OZ-JO...1%7C240%3A1318 what do you see? at the time of the writing of this response, there was almost two hours to go on the auction, and the price of the auction was at $162.51 for 10 troy ounces of silver. now, i can tell you from the dealings and discussions I have had with my silver dealer, that bullion is priced higher than junk silver, old silver coins, or memoribila or whathaveyou, because the premium is higher on the bullion. be that johnson mayhey bullion bars, gold eagles, etc. there is greater demand for easily recognisable silver. But lets look at the breakdown... Silver is supposed to be selling at $9.31 an ounce. however, silver is selling at somewhere around $16.25 in reality. That is a $7 price difference. Thats almost double! I saw silver go as high as somewhere around $23.50 before they introduced the new globex electronic system secretely overnight one day last spring, and then saw the price tumble. but heres the funny thing: THAT was also the spot price at the time. silver was still selling at the shop i went to at around $25-26 an ounce. for junk silver! So, itd be pretty hard to say where silver would be at now if it were left to its own devices. I would be inclined to believe that it would be past $100 an ounce, because of all the recent financial turmoil...maybe higher! last january, it was at $14 an ounce, when i started buying. by march it was up at $23! and back then, there wasnt any doom and gloom or talk of a recession in the mainstream media. you see, the fixing of the price of silver and gold are for several reasons: one reason is that tptb want to desuade us from investing or holding either as an alternative to paper money(physically or in the bank). secondly, they want to keep the price low so they can buy for cheaper. thirdly, they dont want a run on prices to mess with industry that uses silver and gold to produce electronics and goods for commercial and military uses. but the biggest reason they dont want to see a run on silver and gold is because that would create a massive panic, and youd probably see the economy crash very quickly, by people trying to sell their assets to buy silver and gold. youd see people de-investing in paper money. the value of currency will devaluate. ALL commodities will skyrocket. especially the metals and things like dried legumes, diesel, and rice. the thing is, tptb, contradictory to popular belief, DONT want the economy to crash. at least not yet. it should have crash eons ago but theyve been keeping it afloat because they are simply not ready for that event yet. and youll see, even if the imf devaluates world currencies, and you see more food riots in the third world, and barack introduces his youth security force, and the mandatory training that rahmo is talking about, and all that, you will not see a full on economic crash for another year or two at least. what they are banking on is a drawn out recession, time to train the youth to turn against their parents like orwells 1984 predicted, and smaller MANAGEABLE crisises. they dont want a full on economic crash. and yes, holding silver and gold will become illegal again. but that probably wont be until you see massive crisis, economic crash, war, or whatever, that will bring along the north american union. which is coming. but they need massive crisis for that. the language in the public isnt anywhere near that stage yet. but anyway, thats my two cents. or rather, two ounces. there is alot of really interesting material out there about the fixing of gold and silver and more importantly WHY. and this is all just a bit of a hypothesis by me, so, you know, take it as you will. who knows, maybe everything will happen sooner. if i were you, silver and gold is a great place to invest in right now. you might see another big hit to those commodities in their SPOT PRICE, in the next few months or year or so, to try and push another big sell off before they let the prices go much higher, but they will get much higher than where they are at, especially in the real markets.