Big Four Silver Sharks

Hi I think its possible the big bank traders will be considering a short position on silver at some point given it's strong price increases this year. Like they did on the US housing market. Although Ben B at the Fed is pretty happy buying bonds to stop the ship sinking.

I have read some of that same info but don't quite understand how they are making this work. My thought is that these are the big "bullion banks". I think that JP Morgan Chase is one of them but do not know who the other 3 are. I agree that this is an area that could stand some investigation. I will see what I can dig up to add to this discussion. One of the articles I read on-line indicated that these bullion banks may be manipulating the silver market to force prices into whatever position benefits them the most. The part that I don't understand is how they can short something that has increased so much in price so quickly without losing a HUGE amount of money. When an investor shorts something that then proceeds to increase 150% in price over the next 12 months, you would think that they would have taken a terrible financial beating.

Like you said, SilverHawk. It is all speculation.

However, the only speculation I've heard of is that there is only one person, in some unnamed country, doing a LOT of buying.

At any rate, it doesn't change the market fundamentals that are powering silver's rise at this time.

There is HUGE demand, low supply and currencies and economies around the world are still doing very poorly.

On that link above, about silver being a doomed bubble, and the author says sell at its peak and don't get caught with the bag, like the guys with the Miami condos. They make some good arguments about not holding silver, but did not mention even one time, this US economy, or the massive debt, or the guys steering the ship. Or the 16 to 1 factor that has been manipulated to death for fifty plus years, or the FAILING DOLLAR, so how can they even make a sound argument without considering these most important core factors IMO? Factors which will keep silver and gold going up, until massive economic change takes place, and that could take years, possibly even decades....

JPMorgan and HSBC have both been suen for manipulating the silver market. I'll keep digging.

Great links and info guys, this should be much to cover tonight when I get back home from work....

And after that testimony there comes this very shortly afterward
in which Jefferey Christian of the CPM Group confirmed that gold
is leveraged around 100:1 at a Commodities Futures Trade Commission (CFTC) Hearing on March 26, 2010.
This means that there are around 100 claims for each ounce of gold in existence and so not enough gold
to be delivered to everyone who has been promised paper gold.
Had to freak people out that thought they owned physical metal
with the purchase of those contracts
And people began demanding delivery of their metals. Which
when delivery time came means the seller either went onto the
open market to buy it or offered the customer a premium for
taking cash which being around 30-40% or more.
That has Gotta hurt the bottom line.

My thinking is once people learned of these incidents is when the
price for physical metal began to separate from paper metal
somewhat until you get to the point where we are today
and you have an 2 unprecedented events in my eyes occur.

1. APMEX sends an e-mail out stating that they are willing to
buy Silver at $3.00 over spot price
to me that is the price of physical silver versus spot being
paper metal
all I can say is wow to that
When a player such as APMEX is having a hard time filling orders
the metal is getting seriously hard to find in quantity.

2. Ben Bernacke The Chairman of the FED for the first time
is pressured to give a press conference to reassure the people
that everything is just fine. That alone scared the $#%@ out of me.
Reminds of of just before the crash of 08 when the hearings on the
hill were going on and we were hearing basically the same thing.
Now it is actually a press conference Holy Moly it must be getting
out of control in those hallowed halls of the Federal Reserve.

Now those big short players are starting to get squeezed because
they try like crazy to get the price to drop and panic silver buyers
to dump their silver in a panic driving it down lower and
it does not work when we all now what they are trying to do
And the world now just takes it as an opportunity to
buy on the dip.
Short sellers are now screaming that there is a Buy Side
Conspiracy to crash the short market
http://seekingalpha.com/article/265...r-conspiracy

When the whole world is now onto their DECADES LONG price suppression
scheme and every one just keeps buying. And will keep buying
until Silver finally finds it's own natural price.
Which in my opinion is much higher than where it is now.

Now THAT is hilarious! Aren't these the very same clowns who shorted more shares than existed in certain companies back in the 2008 crash? Why, yes, they are.






Pricing games have been played in the silver market for a long time now. I almost get the feeling that when a new version of the game is invented, we see a sudden and rapid rise in the price of silver as a sign that, "the game is afoot"! In between those times, we see silver behaving itself and selling at prices that seem reasonable.