Can The New Silver Fix End The Ongoing Silver Price Manipulation?
I don’t think the new silver fix will do anything to slow down the manipulation in the market. This post takes us through the historic silver price to detail if there is any chance.
Just look at the close at 5-6 PM ET every day. Silver price always trends low towards close day after day. It can not happen naturally. Nothing can happen every day like that. Same with the early morning slump.
The “fix’ will remain until position limits are placed on the naked short sellers in PM as is with the longs. I predict that won’t happen until cows fly…..along with all the BS soaring about from multiple sources.
Cory Vancuver #3 best city to live in homie.
http://www.businessinsider.com/best-cities-economist-intelligence-unit-2014-8?op=1
It is nice here Stewie. Especially when the sun is shining. It can be very expensive across the board but so are all the other cities on that list.
Wow….my City came in at number 1
Admittedly I live an hours drive from the centre of Melbourne (at the bottom of the mountains)….beautiful natural area, reasonably tight local community & no rat race out here.
If anyone here makes the long trip then yell out….I’ll buy ya a beer or three 😉
Cheers
Funny that Adelaide got a mention.
…..my best memories there have always been either getting to the airport departure lounge or hitting the Highway for an overnight drive & seeing the signpost for the direction towards Melbourne ….LOL.
Fixed …or bye ,bye. ………..IS the Dollar………China and Canada strike agreement, to trade with yuan….see.Zerohedge for info……
Canada can just hand over it’s maple leafs………………
not zerohedge….but, Sinclair…sorry….info is from today
Here’s the China / Canada yuan trading story….
http://www.bnn.ca/News/2014/8/27/British-Columbia-Ontario-to-cooperate-on-Yuan-trading-hub.aspx
Interesting story MAD. There has been so much investment in Vancouver from Asia it is not surprising that Canada will cooperate with China.
The Canadians see the handwriting on the wall………., the US citizen better get ready to hunker down……
Couple this with the ZeroHedge story about Gazprom Neft now doing their oil trading in Yuan and Rubles and the only conclusion that can be drawn is that the US$’s days are…. numbered…. the only question being : How far along, i.e. how close to “zero”, is it?
The time to wake up is NOW………..the dollar is headed the way of all fiat currency.
The writing is there for all to read but it will be especially hard for The US when they learn that all the consumer goods they buy in the future will be at least 20 to 25% higher because they have lost “The World’s Reserve Currency.” They were too materialistic anyway and this more then anything has contributed to their downfall.
Wait till they have to repay, the debt, they have ran up…….
Hey stewie, did you see these? One common thread is poor health care; also corruption, mercenaries and a low value on human life.
http://www.businessinsider.com/worst-cities-economist-intelligence-unit-2014-8
Doc was going to make a statement about Silver Wheaton on the commentary but got sidetracked. Does anyone know what his point of view is?
I don’t know what Doc thinks, but a buy signal on the daily chart looks imminent.
http://stockcharts.com/h-sc/ui?s=SLW&p=D&yr=1&mn=3&dy=0&id=p35347807661&a=364039891
The 60 minute chart looks a little better. I currently own some calls for short term trading.
http://stockcharts.com/h-sc/ui?s=SLW&p=60&yr=0&mn=3&dy=0&id=p91614656442&a=363851429
Dan indeed i’ve seen that too. I follow that site sometimes. They have awesome articles on different topics
The new Silver Fix – meet the new boss, same as the old boss. Until the COMEX is broken by physical shortage, and a “physicals only” market replaces it, the paper shenanigans will continue.
And no, I do not believe in “forward selling bills of credit” requiring “futures markets”. That’s ridiculous. Mark-to-market, and establish that credit is an unsecured prediction of future production, and enforce jail time for any fraud. If a farmer or a miner wants to pledge future production at a certain price, let them take their risk on the market, without insurance or tying up the market in knots.
The only thing that matters is how much physical you have in hand at the end of the day.
Well, duh. It’s called “fix” for a reason, as in down at the pony track where “The fix is IN.”