Concerned About Manipulation Of The Price Of Silver!

The article appears to be from 2010?

By Garry White and Rowena Mason
7:00AM GMT 08 Nov 2010

"The complaint alleges that the "illegal scheme" continued until around March this year, when a London-based ex-Goldman metals trader exposed the scheme. Silver prices have soared by about 80pc to a 30-year high since the low seen on February 8 this year. "

Not to point out the obvious, but any market can go up and down in price. Whether its manipulated or not, that is the risk you take when buying as an investment. If its buying because you like silver coins, then rejoice in the lower prices.

I too bought some silver before the recent crash, I'm honestly not bothered, I knew the risks. Plus if you play the long game it's inevitable they will one day be at a higher price, may take 10-20 years, but it'll happen.

Aww, come on BB -- don't tell me you don't love a good conspiracy theory ...

You're absolutely right, but conspiracy suspicions are as intrinsic to the modern American mindset as apple pie and the American flag.

Can you imagine the CRH forum without the occasional obligatory "Is Brinks Pulling Silver?" thread?

I seem to recall these big banks have all been investigated for this, always get out of it though.

Lol some are definitely more humorous than others. I do enjoy that the earth is run by lizard people lol.

There are some that may have some validity. Brinks pulling silver wouldnt be out of the question, it is possible the warning was intentionally not sent back to Pear Harbor, however without proof its nothing more than rumor. Then theres others like the 9-11 buildings were brought down by bombs and a tomahawk hit the pentagon that just go so far past stupidity its not even remotely entertaining.

Isolated things I could believe, world wide massive conspiracies I dont. That implies the people involved in those are so much smarter than everyone else its just not even funny. I dont believe that for a second.

Also the amount of trust and silence that would have to take place is unbelievable. We couldnt even keep Osamas death quiet for a few hours before the Presidents speech yet some how thousands of people are supposed to be in on this?

yes, Lizard people are running the show on earth. you know how I am so sure of it. I saw it on TV, on Doctor Who... so it HAS to be true!


which must mean then, lizards people like silver and gold because they are deep in the middle mining it.

He has a point. The theory is its being held down by manipulation so in essence the complaint is you arent being allowed to make massive amounts of money off of it. The miners are the ones whose jobs depend on it, everyone else made the choice to get into it or not.

He also has a point that if you are convinced its so easily manipulated why buy it? You wouldnt buy a stock for a company that you know cooks their books.

The complaint isn't that I'm not being allowed to make massive amounts of money off of it. The complaint is that manipulation is immoral and illegal. I didn't invest in precious metals to get rich. I don't think anyone here has that mindset. I don't know if manipulation is taking place, but I certainly am not ok with the idea.

The idea that I should be ok with it unless I'm a miner is ridiculous. Shame on me for investing in metals because I have a choice, but miners don't have the free will to choose another profession?




Yeah, I'm sorry, it's not the same thing. If manipulation is taking place, it's not gold and silver that are manipulating their own value. The hope is that the free market will control the price, and that external forces can't control it for their benefit at the expense of others.

Price manipulation doesn't have to directly affect me for me to have a problem with it. Like I said, I don't know if this is what's taking place, but if it is, I have a big problem with it, regardless of how it affects the prices. Not everyone thinks about how these things affect only themselves.