The Silver Conspiracy Theory Hoax
Who Benefits From Conspiracy Theories?
The answer is those promoting the conspiracy theory as well as the faithful follows. In this case, those promoting the idea that gold or silver is never over-priced and is therefore the best investment in the world no matter how far or how fast the investment had run are the primary beneficiaries.
Those fervently holding beliefs that no price is too high have a psychological need to rationalize losses and/or explain pullbacks. No logical argument about dollars, interest rates, or even consolidations can possibly be sufficient to explain to a "true believer" how or why whatever it is he is promoting is falling in price.
Anyone holding an alternate theory (no matter how rational) is shouted down, sent nasty emails, publicly ridiculed and the like.
The faithful followers benefit as well. They listened to the disciples and they want to know what is happening and why. They do not want to hear they made a mistake or they chose the wrong person to follow, or they were over-enthusiastic. Instead they want to hear they were right. This is particularly true for the relatively new faithful such as those who bought silver at $20 when it's now under $10. The way to convince yourself that you are right is simple: Blame the boogeyman. Doing so relieves all psychological pressure associated with admitting you have simply been wrong, this means you SIERRAHPBT and your guru Ted Butler.
That said, I will caution commodity (silver) bulls that this dollar rally can last a lot longer than anyone thinks. Furthermore, I am quite certain the recession will be much deeper and last longer than most expect. As a result, commodities will likely be under pressure for some time, regardless of what the dollar does. Since silver is mainly an industrial metal, draw your own conclusions.
http://globaleconomicanalysis.blogspot.com/2008/08/jon-nadle...
http://globaleconomicanalysis.blogspot.com/2008/08/conspirac...
http://globaleconomicanalysis.blogspot.com/2008/10/us-dollar...
isn't it funny how these
isn't it funny how these guys like jzneff and jeff3456098 just dissapear when what they predict is wrong?
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
more education for
more education for jeff0987(moron)987098
Jeff says no manipulation in the markets... gold and silver...
here is Ron Paul telling us the exact ooposite..
listen in at 4:59
http://www.dailypaul.com/node/115914#comment-1257742
once again jeffry.. wrong.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
I think that silver does not
I think that silver does not have the monetary substitute play like Gold does, and therefore its rally will be more subdued(like Oil). Gold has been specifically mentioned as backing for new currencies, while Silver has not.
Ventura 2012
I don't think so... silver
I don't think so... silver is being manipulated because the 1 or 2 large US banks have the largest short position of any commodity at anytime in the world history.. they lose silver and they lose everything.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
jeff3456098.... wrong on
jeff3456098.... wrong on interest rates, wrong on gold and wrong on silver..
just plain wrong.....
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Not ready to Gloat Yet
I am not ready to gloat yet on Silver. It looks like they are losing control of the gold market. I am not sure that they have lost control of the silver market. All those shorts might pull it off and keep the price down for awhile. As a percentage volume thing it looks like the manipulators may win for awhile on silver.
I did not listen to Jon Nadler and bought a bunch of silver at 10 dollars. I fell stupid now. I should have bought twice as much :-) .
dude, the reason why gold
dude,
the reason why gold is vaulting is because of 2 reasons.. 1) there is only 1 billion ounces of silver available..
2) the largest short position on ANY commodity in the HISTORY of the world is on SILVER..
they are fighting the battle and putting all effort into silver. they are letting gold go. once silver blows up, everything else does too. the silver market is so small that the big players China, Russia, etc are not buying is becuase they know if the shorts get routed on silver, they will be routed on gold and that means those big buyers would be paying much more for both...
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
HAHHAHAH
Weimar Germany did not occur.
Zimbabwe does not exist.
Anyone who tells you that no fiat currency has survived in the last 6000 years is a conspiracy theorist.
There is not 500+ Trillion of credit in the world.
Nor 1600 Trillion in derivatives.
HAHAH all these conspiracy people everywhere.
Well well...
One year down the road from this post...silver is nearly touching its near term highs again...hitting nearly $19 today. The lesson here is, there was no need to post on investment ideas on this site which took aim at alot of fellow freedom-loving people. Period.
Now the dollar is touching the all-time lows again, silver has rebounded over 100% off the bottom...gold is making all time highs, and commodities have now been globally understood to be the place to be.
I know full well because I became a client of Peter Schiff's in July 2008, before all the crapp hit the fan. At the worst point(in April of 09') my account was down 60%(5% lower than our Dow). Now...in just 6 months, look how things have changed...my holdings with them went from down 60% to down 0%. I'm now poised to make new highs in commodities...whereas...the dow is still 30% off its highs.
Those who won't think there's a war on the precious metals and those who hold them forget that owning gold was ILLEGAL in the U.S. for 40 years!!! That's how much they hate it. Even Ron Paul said today in the squawk box interview that central banks manipulate gold prices!!! If you're going to keep saying these silly things that's fine, but at least admit that you're against even Dr. Paul's position on manipulation. Ahh, but they're losing control over it even as well speak...How sweet it is.
The price of gold and silver
The price of gold and silver doen't change that much unless it is artifically manipulated. What changes is the value of Fiat currency, in our case that would be US Dollars, or paper in our case, because it is worthless if the tax payers cannot back it up. So the reason that precious metals have sky rocketed is because the dollar is tanking.
Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny."- Thomas Jefferson
There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan
"Invest only in things that you can stand in front of and pr
So how do you know when price is too high or too low?
One crude way is to look at the long term trend which trend can be determined (and extended into the future) by fitting a curve to the historical price data using a polynomial formula for a line (3rd order polynomial applied to logs of the data works well for me).
Using such a calculation places the current trend value for gold at $850 while the spot price just minutes ago was $1,167, so the price is 1.373 times the trend. Back in January, 1980 when gold spiked to $845 the trend value was only $156 so it reached 5.42 times the trend value (quite extreme). Next October, 2010 the trend value will have risen to $900, so if gold reaches $1,800 by that time it will only be 2 times the then trend value.
A more refined way to anticipate the movement in price is to look for oscillations (cycles) around the calculated trend with statistical techniques, project those measured individual oscillations into the future and then add them together to approximate where and when the next major peak in the price will be and at what value. One such mathematical attempt at divining the future yields the result that gold will be between $1,800 and $2,000 next October, 2010. Of course this is based on much averaging so the actual future will never work out to be what is calculated, but such a technique, especially when the calculations are updated weekly, at least gives an approximation which is better than a guess or believing the musings of countless contradictory or bandwagon "experts".
These calculations told me to buy gold at the end of 2001 and at that time it looked like the next peak would be $1,500 and come in 2008. Over the years the calculation adjusted to the data as the future unfolded, and gradually yielded progressive new projections; such is the nature of this method.
One thing that most of you will not want to hear is that after next October, 2010 when the peak is reached, the price will begin a long collapse that will take it back under $300 by 2015 as a massive deflationary spiral unfolds. Already there are signs of such a deflation reflected in the growth rate of M3 (reconstructed) money supply, but the mood is still bullish for gold. See:
http://www.nowandfutures.com/key_stats.html
Value is all in one's mind.
"The deepest sin against the human mind is to believe things without evidence." Thomas H. Huxley
deflation of what though?
deflation of what though? how will we enter this deflationary period, through lack of monitary velocity?
I dont understand the deflation argument in the face of massive, plubicaly known inflation.
“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato
“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato
Mmmmmmm....
who's sorry now?
we are just about to see how
we are just about to see how this plays out..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Jon Nadler is lying to you.
The price of silver has been suppressed for many years and is encouraged by a long list of players. The market for silver is small and governments don't own much anymore. This is why it is a risk for the operators of the gold suppression scheme. The central bank gold suppression scheme is widely acknowledged by serious analysts, banks and government officials. Mr. Nadler is not a serious market participant or commentator. He is a salesman.
www.sprott.com/pdf/not_free_not_fair.pdf
The current phase of the silver suppression scheme is likely being run with renewed vigor on orders from President George Bush.
One of the activities George Bush and his cronies have pursued is a war with Islamic terror. Several terrorist organizations are known to keep some assets in gold and silver in order to avoid having their assets seized or frozen by banking authorities. The United States government is trying to keep financial pressure on the terrorists by limiting price rises in gold and silver. Reagan did this to the USSR.
The price suppression scheme is carried out by surrogates and operates in a manner similar to currency intervention. The price is suppressed by always offering to sell metal - mostly on futures exchanges. New York is the favorite market because activity there is mostly hidden from view by the CFTC. London and Tokyo trading is more visible. A trader with unlimited funds can control prices in any market. The Bank of Japan (with Fed partcipation) has precisely controlled Yen exchange rates for many years. Profiting from interventions of any kind is viewed as desirable by governments and central banks because this limits the expenditure of public funds.
The silver price suppression scheme works by offering unlimited supply to the market (in the form of fraudulent promises to deliver) until demand is satisfied. Controlled price rises are allowed to occur. At this point the market may trend sideways or collapse if events or mechanical trading systems cause long position liquidation to commence. The short position holders then reduce their positions on the way down to reduce their size and book profits.
There is a long list of crooks and thieves who benefit from the price suppression and they have considerable power and money. The people suffering the economic damage from these operations are likely to be enemies of the state and are opposed to central banks and fractional reserve banking. Many of the losers are libertarians.
Ted Butler is a courageous man who has done a great service to the market by working to expose the silver suppression scheme. It is real and continuing. The Kitco website where Mr. Nadler's drivel appears was probably forced to shut down its old chat page due to threats from the establishment players involved in gold and silver price suppression. Many former posters on the old Kitco site were openly discussing precise details of illegal activities carried out by corporations and governments involved in gold price suppression. The new chat pages are heavily regulated. Mr. Nadler is a liar and he knows it.
Buy as much silver as you can.
Just so you know, I am now very bullish on gold and silver.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
I still don't like silver hypsters, but my guess is that gold and silver have bottomed or pretty close. Of course, it's just a guess and I can easily be wrong.
http://www.dailypaul.com/node/70994
government of the people, by the people, for the people
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damn now its time to
damn now its time to SELL!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
hey Jeff! explain this!
hey Jeff! explain this!
http://www.kitcosilver.com/charts/silverleaserate.html
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Silver and gold always have value BUT
the point of owning and possessing gold and silver coins is so that if the whole economy tanks and we have a shut down for awhile, you have something that is worth a trade for food or gas or ammo or whatever.
To me, silver and gold are like my own private insurance policy.
another article that blows
another article that blows jeff340987560-!?? silver theory out of the water.. and yes this is world wide not just in the US!
When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
This is the stupidest post I've seen yet!
If you don't believe in buying silver than don't!!!
I'm not even going to go into how ridiculous of a post this is and for a long list of reasons. Nobody should put everything that have in silver or any other investment, including stocks, bonds, gold, blah, blah, blah.
So let's say my 500oz of silver goes down for an extended period of time. No problem. I wasn't stupid enough to put all my money in one basket. However, if the dollar crashes, which it very well MAY, then thank goodness I took some precautionary measure.
Last point. Silver is mainly an industrial metal. Because of that fact, it actually helps silver increase in value since it is valuable for something besides it's inherent value. Gold however, has very little industrial base, yet it is considered valuable anyway. So that makes no sense at all. You make very liitle sense jeff34671, please stay out of the silver market and leave it to the rest of us fools. By the way, if you have any 10 oz. bars you would like to sell, please contact me.
lmao... go check out his
lmao... go check out his post... gold is fiat money too.. that one even outdoes this one! and yes this guy is stupid!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
HONEST MONEY? Why do gold and silver attract DISHONEST PEOPLE?
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
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government of the people, by the people, for the people
---
who is dishonest
who is dishonest greed?
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Bad People...
All "Greedy" people are BAD, but not all BAD people are "Greedy".
A person who is not honest is dishonest.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
government of the people, by the people, for the people
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no duhhhh ... name
no duhhhh ... name names!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Why do people rob banks?
Because that's where the money is, silly!
~jaq
~jaq
That's actually a pretty good analogy, I think. I've heard
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
to watch illegals to assess the potential of a new mine property. So, looking at the number of scumbags who have been hyping silver, silver might be good to own in the long run. LOL. (BTW, I'm not bearish on silver at this moment, but I just don't like silver hypesters.) LOL. Of course, as for the short term timing, I tend to think that the number of hype posts would increase near peaks and decrease near bottoms.
government of the people, by the people, for the people
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wow greed that took a lot of
wow greed that took a lot of your spare brain power to figure that 1 out! you are a legend in your mind.. do your self a big favor and read butlers book.. don't be like Jeff who has not read any of butlers work! get educated on both sides!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐