Gold and Silver Price Manipulation: The “Golden” Cat is Out of The Bag!

http://www.globalresearch.ca/gold-and-silver-price-manipulation-the-golden-cat-is-out-of-the-bag/5413413

The Shocking Truth About Secret Documents & The CFTC

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/25_The_Shocking_Truth_About_Secret_Documents_%26_The_CFTC.html

Market Dominance

http://news.goldseek.com/GoldSeek/1374850987.php

Time to give up on the CFTC

http://www.24hgold.com/english/news-gold-silver-time-to-give-up-on-the-cftc.aspx?article=4385131668G10020

“Holy Grail” Gold Evidence Panics Western Central Banks

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/12_Holy_Grail_Gold_Evidence_Panics_Western_Central_Banks.html

The price of gold has been manipulated. This is more scandalous than Libor

http://blogs.telegraph.co.uk/finance/thomaspascoe/100018574/the-price-of-gold-has-been-manipulated-this-is-more-scandalous-than-libor/

John Embry - Silver About to Roar Through $50 All-Time High

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/19_John_Embry_-_Silver_About_to_Roar_Through_%2450_All-Time_High.html

There were some brilliant studies that were revealed at the GATA Conference.  One study showed that had you just taken the trade during the Comex hours over the past number of years, I forget if the chart was five years or ten years, but gold has been up dramatically, and Comex action alone, by itself would have netted out an actual decline in the gold price of $500 an ounce based on price changes just during the Comex hours.

That’s just statistically aberrant, it couldn’t happen unless there was manipulation.  It shows the extent of the manipulation.  Eventually the cartel will run out (of gold) and when they do look out because the price is going way, way higher than anybody imagines....

When asked about silver specifically Embry remarked, “Silver is absolutely explosive.  The bullion bank with the large short position has thrown everything but the kitchen sink at the thing on the downside.  You had those five margin hikes a couple of months ago as an example and that was all an attempt to hold back something that I don’t think can be held back.  All it did was sort of buy two or three more months and now silver is building up power to roar through the $50 all-time high.

Once silver does that (breaks $50), who knows where it’s going to go?  All I know is that gold is going a lot higher and the gold/silver ratio is going down and that means silver is going a lot further than gold.  So I mean pick your prices, they are going to be dramatically higher for both of them.”

After Getting Smoked On Treasuries, Bill Gross Joins The Ranks Of Silver Market Conspiracy Theorists

Folks, you can label me a conspiracy theorist, but you can't dismiss the lawsuits against JPMorgan for the manipulation of silver prices <click here>.  Fine, you may say the plaintiffs are sore losers.  Not so fast.  In steps the largest bond investor in the world, PIMCO, led by Bill Gross.  Here is a recent tweet:

http://www.businessinsider.com/after-getting-smoked-on-treasuries-bill-gross-joins-the-ranks-of-silver-market-conspiracy-theorists-2011-6

The Reason Why The CFTC is Doing Nothing

This is an old topic on this blog, but the price manipulation of the precious metals at the COMEX is starting to gain exposure.

http://thesilvergoldhedge.blogspot.com/2011/04/reason-why-cftc-is-doing-nothing.html

Silver Shocker

http://news.silverseek.com/SilverSeek/1299509764.php

As Speculative Bullish Bets Surge, Is Rice The Next Silver (And Manipulated In Kind?)

http://www.zerohedge.com/article/speculative-bets-surge-rice-next-silver-and-manipulated-kind

Silver Breaks its Golden Shackles

https://marketforceanalysis.com/article/latest_article_02511.html

The stunning revelation from the data analysis was that if on any day I knew what the price of gold was I would be able to calculate the silver price from the equation of the relationship! How is that possible in a free market? It simply is not possible and so the conclusion is that silver is not in a free market but is manipulated to move algorithmically with the price of gold.

Since September 2010 silver has broken its golden shackles. The algorithmic trading that kept the price of silver subdued for seven years has been completely annihilated.

On Friday silver closed in complete backwardation on the Comex. Spot silver closed at $29.075/oz while FEB 2011 closed at $29.064/oz and DEC 2015 closed at $29.026/oz. I believe this is the first time in history that this has happened. Silver traded in backwardation between the spot price and futures contract up to one year out during the blatantly manipulative precious metals bashing of January, but now the entire futures structure is in backwardation. This is a sure sign there are shortages of silver because it means that buyers will pay a premium for silver delivered sooner rather than later.

Signs of shortages have also been apparent from a shrinking silver inventory on the Comex in the face of rising prices. The registered inventory stands at a paltry 43 Mozs. In addition there is lots of anecdotal evidence that there are tight supplies everywhere. There are reports of refineries refusing to take new orders due to insufficient silver feedstock.

News out of China recently showed that China's net imports of silver quadrupled in 2010 to 3,500 tonnes (112 Million ozs). China has traditionally been a silver exporter. For example, in 2005 China made net exports of 3,000 tonnes of silver.

The US mint reported last week a record month in silver eagle sales in January of 6.4 million ozs.

This update of my previous work adds more fuel to the fire that the dynamics of the silver market have dramatically changed. Because silver has been suppressed for so long we do not know what its free market price should be, but we are going to find out soon and I strongly suspect it will be many multiples of the current price.

J.P. Morgan Getting Squeezed In Silver Market? (SLV, JPM)

Mainstream media outlets are finally starting to report the alleged manipulation of silver prices.

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/12/06/benzinga668905.DTL

JPMorgan, HSBC Sued For Silver Market Manipulation

Finally. No one will ever accuse me of being a conspiracy theorist anymore. Whether JPMorgan and HSBC will be found guilty or not is immaterial. They will surely settle without admitting guilt, and pay a hefty fine to make it go away. But the blatant price suppression of silver (and gold) will finally end if justice is served.

http://www.zerohedge.com/article/jpm-hsbc-sued-conspiracy-keep-silver-price-low-reaping-billions-illegal-profits

The horse is out of the barn, and expect precious metals prices to rise again as shorts are forced to cover. And if longs insist on physical delivery, a short squeeze will trample shorts dumb enough to not cover.

Silver, bitchez!

See disclaimers in the side bar.

Disclosure: long precious metals mining shares.

Forensic evidence of gold and silver manipulation

http://www.zerohedge.com/article/guest-post-more-forensic-evidence-gold-silver-price-manipulation

What is really astounding is that one can generate almost a perfect reproduction of the price of silver by only knowing the price of gold. This is again “smoking gun” forensic evidence that the price of silver is not only manipulated but is done so algorithmically.

Such a perfect relationship with gold could not happen over a seven year period by pure happenstance. The silver price is completely false and has absolutely nothing to do with the fundamentals of silver.

The bad news is that for the last seven years those who have been expecting silver to outperform gold or to march to its own drum have been sorely disappointed and it was hard wired into the trading that they were not going to see a freely traded silver market. The good news is that from the way silver has traded in recent days it is decoupling from gold. It is breaking the algorithmic shackles placed on it by the manipulators.

The artificially low price that has resulted from the creation of false supply through the sale of paper silver via unallocated accounts as a substitute for real bullion has led to a growing shortage. This monumental scam is in the process of becoming unraveled as investors insist on taking delivery of real silver.

Forward sales of silver through the LBMA OTC London market are approximately 8.5 Billion ozs. This is almost all the entire global reserves of silver that are yet to be mined! But the silver miners who own the remaining reserves are unhedged, so who ever has sold 8.5 billion ozs of silver forward by inference does not own 8.5 billion ozs of silver. It is a naked short position of 11 years of global production.

The interesting question is what will the free market price of silver be? Gold itself is suppressed by many multiples of the current price and the false silver price is just a derivative of a false gold price. I have previously estimated that there is only one ounce of gold for every 45 ozs that have been sold. If a similar relationship exists in silver than the eventual long term free market price target could be more than $900/oz. This is just a wild estimate but I think it is safe to say it will be many multiples of the current outrageously suppressed price of $20.9/oz.

Gold on the cusp of a parabolic move

John Embry of Sprott Asset Management believes gold is on the cusp of a parabolic move up, despite central and bullion bank price manipulation in the paper futures markets. Physical shortages will drive prices higher.

http://www.sprott.com/Docs/InvestorsDigest/2010/06_23_2010%20Gold%27s%20on%20the%20cusp%20of%20a%20parabolic%20move%20up.pdf

DOJ and CFTC investigating JPMorgan on silver suppression

To all the haters, you can kiss my ass.

http://www.nypost.com/p/news/business/feds_probing_jpmorgan_trades_in_gZzMvWBqOJpB55M7Rh9vwM

We'll see if this probe has some teeth. I can foresee a slap on the wrist, allowing the crooked manipulation to continue, as the corruption is at the highest levels of government, central banks, and bullion banks.

GATA on precious metals price suppression

Max Keiser interviews Chris Powell of GATA:

JPMorgan bullion traders implicated in price manipulation

http://beforeitsnews.com/news/27781/A_London_trader_walks_the_CFTC_through_a_silver_manipulation_in_advance.html

SEC mulling curbing limits on short selling

http://finance.yahoo.com/news/Ahead-of-the-BellSEC-poised-apf-4172165911.html?x=0&sec=topStories&pos=3&asset=&ccode=

In addition to restricting short selling, the SEC needs to expand their enforcement of naked short selling, including elimination of the market maker exemption (so-called the "Bernie Madoff exemption" after the infamous Wall Streek crook), which enables them to create phantom shares. This method of "married puts" allows shorts to deploy illegal bear raids on stocks without actually shorting the underlying shares, and keeps their illegal price manipulation activities under the regulatory radar.

See Chapter 2 of Deep Capture on how the "married puts" strategy works. In fact, reading all 15 chapters will help investors understand better how the markets are rigged.