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Cartel Dumps 1.5 x US Annual Silver Production on Futures Market in 5 Minutes on NFP Release

In an attempt to flash-smash silver and prevent a weekly close above the critical $35 level, the cartel dumped an estimated 51 MILLION OUNCES of paper silver on the futures market in only 5 minutes on this morning’s non-farm payrolls release between 8:30 and 8:35 AM EST.

Net Dania’s spot silver chart, which is not a precise futures volume measure but approximates the volume, indicates nearly 10,500 contracts were dumped in a span of merely 5 minutes, and half of those were dumped in a span of 2 minutes between 8:30 and 8:32am EST.

read more http://www.silverdoctors.com/cartel-dumps-1-5-x-us-annual-si...




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wow....I believe it.

those f*kers want to buy it! they are the ones that just bought it cheap.

Netdania's volume data is a

Netdania's volume data is a joke.

Silver Doctor's loves to print these kinds of "Articles" (propaganda). This is one of several such articles they've printed. They Always start off, "Net Dania’s spot silver chart, which is not a precise futures volume measure but approximates the volume"

Daily volume for CME Silver contract, per CME, was 41,450 for the front month. All contracts combined were total less than 45,000.

Netdania reports 129,300 contracts for today (currently).

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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

I don't know much about Netdania....

but I believe that they did try to squash silver.

Please explain in normal person on the street terms what the article is talking about vs what you just told us.
I'd appreciate it.
Thank you.

I'm saying the article can

I'm saying the article can only make their argument using bogus data. With valid data their argument falls apart.

I'm saying that you can go to CME's website and look at the time&sales and see that there was NO WHERE CLOSE to the volume that the article spouts out. Only by using bogus data....

The front month, Dec 12, has probably 90% of the trading volume, that's where you'd begin looking. The other contract months/years all had less than 1000 contracts all day long, all but one had less than 500.

I'm saying, why would you read from a website that has the resources to check such things, just as you do, but instead of bothering to do so they just print up bogus articles meant to suggest something that is blatantly false, knowing full well that the majority of their readers don't know where or how to check the data themselves. When you consider it, what they are doing is a blatant full on lie aimed at the gullible consumer. Manipulation is their scape goat when they predict Silver to soar, convincing thousands to buy, and then price plummets..."Those damn manipulators...".

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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

ok I see your point.

Thank you for typing that all out. I don't know much about metals but from what I see here on the DP. I would believe that someone wanted to cock-block silver though. I guess I took the bait! :-) (I didn't buy anything from them though.)