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Concerned About Manipulation Of The Price Of Silver!

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Pillar of the Community
United States
2168 Posts
 Posted 04/23/2013  5:24 pm  Show Profile   Bookmark this reply Add angel2004 to your friends list Get a Link to this Reply
While I think there the price is manipulated, I feel it is the paper market. They sell more contracts then they have physical PM to settle with should everyone want to take delivery. I just remember the big spike in price 2 years ago now and the big drop a few days before a lot of paper settlements were out there for a lot less than the 40 amost 50 price of spot silver. I think silver is actually artificially low now, just my opinion, so a good investment for the longterm store of value. The problem is that none is out there for the usual prices!
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 04/23/2013  5:26 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
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.


Everything is manipulated though, theres not a standard price above cost people are allowed to charge for something. People charge what they feel they can get.

The entire idea of an investment is manipulation based. Buying or selling is a manipulation of the price, some have more of an impact than others. But no matter what the investment you will always be jockeying to improve your position or buy at the lowest and sell at the highest. That doesn't mean youre doing anything illegal without proof of illegal activity.

My point is basically lets take a step back and ask how that would supposedly be possible. Why are these metals supposedly supposed to be soaring to never before seen heights.

If it was so easy to manipulate something like whats being claimed it would be happening all over and they would be making money insane amounts of money. We know thats not the case.


Quote:
Shame on me for investing in metals because I have a choice, but miners don't have the free will to choose another profession?


Possibly. If they mine in north america sure, south american or african villages maybe maybe not.

And I wasnt saying shame on you for investing in silver. Some people seem dead set convinced theres a huge conspiracy in the works, I was saying if they were so sure of that why would they put their money into it?


Quote:
If manipulation is taking place, it's not gold and silver that are manipulating their own value.


Its not the products a company produces manipulating their own value either, its the people that control them just like it would be here.

And its not that I'm only concerned about myself. Its that theres a lot of fear mongering out there for their own personal gain. The people pushing those theories are getting rich off of site hits or newsletters ect.

Your right we dont know whats going on behind the scenes, and without knowing that or any proof the first conclusion shouldnt be its being manipulated illegally.
Pillar of the Community
United States
3789 Posts
 Posted 04/23/2013  5:30 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
1- free markets do exist and work beautifully.

2- gold and silver have had great runs. What am I missing? historic highs were made in gold. Whats wrong with that? I don't see that gold was manipulated.

As I have always said, people complain when prices rise. They complain that they go down.

Maybe people who believe in manipulation in gold and silver are just plainly unhappy people who are never happy no matter what in life, who live on the outside fringes and can't see things for what they really are.
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 04/23/2013  5:40 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
Yup---Aren't you secretly one of the Lizard People infiltrating us as part of their advance guard?
Valued Member
SDCrow's Avatar
United States
456 Posts
 Posted 04/23/2013  5:59 pm  Show Profile   Bookmark this reply Add SDCrow to your friends list Get a Link to this Reply

Quote:
My point is basically lets take a step back and ask how that would supposedly be possible. Why are these metals supposedly supposed to be soaring to never before seen heights.


My only point was that I would not be ok with manipulation that interferes with the free market, plain and simple. IF there was manipulation to this degree, there are many on the losing side of it all. I'm not ok with that, even if it would mean lower prices for me in the short-term.


Quote:
And its not that I'm only concerned about myself. Its that theres a lot of fear mongering out there for their own personal gain. The people pushing those theories are getting rich off of site hits or newsletters ect.


I couldn't agree more.
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