Silver Whistleblower Interview on King World News
100 to 1 paper to physical. Andrew Maguire talks about wealthy Asians waiting for the right moment to take down the naked short sellers of Silver and Gold.
This could be really big. The leverage is said to be 100 to 1. Once asians and non-believers have done their due diligence, they will establish in their own minds that this is a naked short situation and squeezing is called for.
I’m sure others understand this better than I, and I hope they post.
It seems to me the way to play this is to buy physical metal and miners. One wouldn’t want a cash settlement. One would want the real metal, or if not that, a miner.
What do you think?
Good point made in the interview.
If just ONE sovereign steps in on the physical OTC market and buys up big during a takedown, they’ll expose (intentionally) the massive naked shorting, cause a naked short squeeze (is there any worse type?) and blow the COMEX and LBMA to pieces.
The silver market is very small, thus easy to manipulate. But that sword cuts both ways.
Incredible interview, zeroenergy!!
Listened to this at work. No wonder the IMF wouldn’t or couldn’t sell the gold they had to Eric Sprott. There was another hedge fund manger who only got 100 million in his ETF Gold fund ipo earlier. Not sure if this is all part of it, but I wonder if the whole economy could collapse under any government willing to take it on. Or wether the whole world can continue this manipulation? Time will tell. Something big could happen this year!
CFTC whistleblower injured in London hit-and-run
From here on in its not just about trading the chart technicals.. Do that as well.. Even jump on some of these (short) manipulations (iam sure they will continue as the traders will be arrogant enough to not give a shit about this exposure).. But keep physical silver and gold.. Dont sell it cause you may never be able to get it back.. (for todays prices) This is a genuine supply crunch. As a game plan if the market gets smashed on the next deflation simply buy more physical.. Andrew Maguire is a great bloke.. He is doing the right thing.. Like he originally said “i feel sorry for those people not in the loop”.. Well now we are in the loop.. The next silver break out will be breathtaking..
100 to one is like adding another zero to the current price..
Iam absolutely shellshocked by that interview.. This is a war and the naked shorts are gonna lose.. Prepare for the Asian invasion!!
Denninger, smart guy but hates PM’s has noticed the action….
Got popcorn ?
I’m hedging.. got PM’s and popcorn… (stores well !)
Ethical reasons to invest in silver – bearing in mind Chris’s mineral depletion info..
it’s going to be more useful in the future.. it’s running out.. so – save current production… instead of letting it be wasted while it’s artificially cheap..
FWIW, I made another silver purchase today (prolly my last as other preps will soak up excess cash for the forseeable [and I’m now 50/50 gold/silver]) and my very reliable and trustworthy coin shop upped their price from spot +6% to spot +12%. They say the supply (of silver eagles) is tighter than it was…
Viva — Sager
Very interesting interview. Not only are the prices of PMs being suppressed but information is also suppressed as all pre-arranged media (TV) interviews with GATA participants at the CFTC hearing were cancelled. The only source outside of the web I could find was the New York Post, which from the online edition looks like a bimbo rag.
In the UK the Financial Times reported the pendingCFTC hearing:
but seems not to have followed up with the explosive information that paper levers physical by 100:1.
I don’t see any sovereign entity taking down this market as that would likely make September 2008 look like a mere ripple. Truly this has the potential to totally collapse the global fiat currency system and all governments are to a greater or lesser extent in the same boat.