Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Silver Prices, Priceless Rumors

Commodities / Gold and Silver 2012 Oct 09, 2012 - 02:25 AM GMT

By: Dr_Jeff_Lewis

Commodities

Strange rumors have been cropping up in the silver market lately — all seemingly designed to quell relatively buoyant market sentiment.

One example was the recent CFTC story printed on the Financial Time’s front page citing a source predicting that the silver market manipulation case will soon be dropped.


Another case was the recent trader revelation about the bullion banks being long physical precious metals and short futures contracts, although this has since been substantially debunked by none other than the well-known silver market manipulation whistle blower Andrew Maguire.

Basically, concentration is the issue, not hedging - as silver analyst Ted Butler has been pointing out since the 1990’s. Essentially, it is the presence of just a few large players who make up the short holdings that are positioned against a much more diverse group of longs that is the primary issue.

This situation is acceptable in the same way that it was apparently acceptable for Ponzi schemer Bernie Mad off to show “everlasting” high returns, which eventually were exposed for the sham that they were.

Silver Market Manipulation is Fact, Not Theory

The point here is that the damage is done. For the investing public, the manipulation of the silver market is now well documented, transparent and quite obvious. No longer is an elaborate or paranoid conspiracy theory required.

Thanks to years of work by GATA and Ted Butler, who has paved the way for an army of blog writers and market analysts, the story has become easily accessible for the growing number of precious metals investors from all walks of life. These people are now increasingly coming to terms with precious metals market manipulation almost half a decade after the latest financial crisis.

Such investors have typically lost faith and confidence in the established financial and government institutions and are calmly looking for investment diversification and long term preservation of their capital.

Silver Hoarders – From the Hunts to the Modern Day Metals Investor

The Hunts were convenient scapegoats for the previous major silver price rally of the 1980’s. At that time of high inflation, these notable hoarders seemed radically right of center and far outside the mainstream. They were wealthy Texas oil men, who could have been scripted right into a well-known television series.

Today's silver investor is part of a much more diversified group of physical longs. Armed with logic and reason — plus a working knowledge of the varied uses of silver in jewelry, medicine, cutlery,tableware, electronics, photography and elsewhere — they have many excellent reasons for hoarding silver to help protect their future financial security.

All of these represent valid reasons for holding physical silver that just serves to lend further support to the longstanding and almost forgotten monetary significance of this precious white metal, which will remain a valuable hard currency long after the un-backed paper Dollar is defunct and worthless in commerce.

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 www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com and Hard-Money-Newsletter-Review.com

    Copyright © 2012 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in