Okay, Everyone Together say "AAAWWWW" For JP Morgan and Goldman Sachs and all those other large Commercial Banks who SHORT Silver and Gold! Don't cha just Feel for them..... gosh they are Losing Billions due to their Shorting the metals! Besides of course the "Foreclosure Fraud Gate" happening which they are right in the MIDDLE of too!
To see these large banks bleed out money, well words can't express how I feel about that!
During the bull market in silver that began in 2001, a pattern of trading similar to the martingale betting strategy emerged in which 8 trading institutions sold short increasingly larger amounts of contracts into rallies until their sales volumes overwhelmed the market into a freefall. The same banking institutions would then purchase those short positions at a profit after the freefall and the rally process would begin again. This process of taking money from precious metals investors has been well documented by analysts such as Ted Butler, David Morgan, and others. The strategy has been so successful that some futures traders began to front run the banks on their own tactics using the COT report and other sentiment indicators.
It has been argued that these large short positions have suppressed the price of silver by a multiple of itself. This may be proven sooner than many expected.
Over the last 6 weeks all was going according to plan. Silver rallied and the commercial banks shorted an ever larger amount of contracts as the open interest swelled to the point at which most silver analysts were expecting a correction. In the last 2 weeks silver rose by nearly $2 dollars and most were expecting to see an even larger commercial short position reflected in the COT report. Instead, the commercials actually covered 2297 contracts, and bought an additional 989 long contracts during the week of September 28th to October 5th when the price of silver rose by $1. The covering was down at what appeared to be a short term top to many.
Something has drastically changed in the silver market. The banks that once controlled the price of silver are now closing positions at a loss. Traders may begin to speculate on what has changed and why. Some traders have reported that a large buyer is entering the market. Regardless of the actual reason the commercial shorts have begun to bleed money. And when blood spills sharks will circle. Hedge funds and traders that never even thought of silver before will begin to squeeze the shorts. If the big banks don't quickly regain control of the silver market they may lose it forever.
Please go to the link to see the graphs and read the whole article!
But we can all say: "AAWWWW Poor Banks"! Losing money by having to COVER those Shorts! :)
Showing posts with label commericial shorts. Show all posts
Showing posts with label commericial shorts. Show all posts
Tuesday, October 12, 2010
Friday, October 9, 2009
The Gold Market was almost Busted Sept. 30th - Gold would have Skyrocketed!
September 30th the Real Gold market was almost Busted! The real situation with how much demand for gold and availablity of gold was almost exposed!
The amount of shorts against gold is the highest ever. Those shorts got caught with their pants Down! This might have been a part of why gold has gone up too in the last few days. But if this had been exposed Gold would be who knows how high right now!
A gold buyer on September 30th put a huge order involving tons of gold in the London market.
*Side note* Buyers do that all the time, but they normally do not ask for delivery and eventually the buys expire.
This time, the buyer wanted Immediate delivery! That put the market in a spin and central banks had to come to the rescue to JP Morgan and those other government tool companies who had shorts on the market. They offered the buyer spot plus 25% - but the buyer did not want fiat money, the buyer wanted the gold.
Those shorts of a tremendous amount - did not have the gold being requested and Sold on the market!
So it goes, the fraud of the market - where the JP Morgans, Goldman Sachs, Morgan Stanley put huge amounts of gold shorts on the market (sell offers) and when a buyer finally said "OKAY, give me the gold you are offering for sale". They couldn't come through!
Imagine what would have happened had the demand and actual amount available had been made public... imagine, gold could have even doubled in one day!
link to article: http://news.goldseek.com/GoldSeek/1255111200.php
The amount of shorts against gold is the highest ever. Those shorts got caught with their pants Down! This might have been a part of why gold has gone up too in the last few days. But if this had been exposed Gold would be who knows how high right now!
A gold buyer on September 30th put a huge order involving tons of gold in the London market.
*Side note* Buyers do that all the time, but they normally do not ask for delivery and eventually the buys expire.
This time, the buyer wanted Immediate delivery! That put the market in a spin and central banks had to come to the rescue to JP Morgan and those other government tool companies who had shorts on the market. They offered the buyer spot plus 25% - but the buyer did not want fiat money, the buyer wanted the gold.
Those shorts of a tremendous amount - did not have the gold being requested and Sold on the market!
So it goes, the fraud of the market - where the JP Morgans, Goldman Sachs, Morgan Stanley put huge amounts of gold shorts on the market (sell offers) and when a buyer finally said "OKAY, give me the gold you are offering for sale". They couldn't come through!
Imagine what would have happened had the demand and actual amount available had been made public... imagine, gold could have even doubled in one day!
link to article: http://news.goldseek.com/GoldSeek/1255111200.php
Thursday, August 27, 2009
Well, the Long Awaited FDIC 2nd Quarter Report, Finally came out today - Media is on it - But not honest
We finally got the 2nd quarter report from the FDIC today. Surprising enough, the media is actually reporting information about it. BUT they are not being honest. Yes, they are saying there are 416 banks in trouble, as they failed the FDIC's grading.
What they are using though, is the FDIC amount on hand from June 30th - in their reporting. In other words they are saying the FDIC has X amount of billions of dollars, using how much was in the fund from June. They are NOT being honest and saying the FDIC is underwater at about 5 Billion right now. The media is not mentioning the banks that have been taken over since June 30th, which has been quite a few.
Also, when you hear the number of banks that have been taken over this year (81) and the media says it is not as bad, as the depression and the 80's. They are again Not being honest, they are not saying how many branches and actual locations are involved. Care to take a guess?
Try 3000+ branches of banks, that have actually been taken over by the FDIC this year. That is a lot different than the 81, the media likes to mention.
When people tell me, they won't believe something, until MSM reports on it, I want to say "I will never believe, anything the MSM says - as they are run by the PTB". They have their own agenda and part of that agenda is protecting the government and the PTB, not the people. They are reporting dishonestly to the public.
The fact is, the FDIC does not nearly have enough money to cover what could amount to Trillions of dollars in bank failures.
Link to one article:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aKrqdLil0pGI
A total of 416 banks with combined assets of $299.8 billion failed the Federal Deposit Insurance Corp.’s grading system for asset quality, liquidity and earnings, the most since June 1994, the Washington-based FDIC said in a report today. Regulators didn’t identify companies deemed “problem” banks.
The FDIC insures deposits at 8,195 institutions with $13.3 trillion in assets. The agency is a state-bank regulator that insures bank customer deposits, helps find buyers for failing banks and liquidates lenders that have collapsed.
Did you get that part about 13.3 Trillion dollars?
Oh, I turned on the news (which I don't do anymore) to see what they were saying about the FDIC. I was completely Flabbergasted - when a CNN reporter said "The stock market, did well today, due to the good financial news out". I thought to myself... wow, they really do have people fooled.
Are you listening to those corporations, who benefit from not getting the complete truth to you?
As I see it, they have held off the flood gates very well and have covered the public's eyes to what is really happening here in the U.S.. The problem is, people around the rest of the world, knows what is really going on.
The Fed is buying the U.S. T-bills, in a round about way and not disclosing it.
Information little by little is leaking out about that. What is also happening, is information about how the rest of the world feels about the dollar is starting to see the light of day also in the American press.
link to Wall Street Journal - The rest of the World questions the Dollar
http://online.wsj.com/article/SB125122938682957967.html
Investors and economists have long harbored concerns about the dollar's decline, especially in the beginning of this decade as the federal government and consumers ran up their debtloads to finance everything from foreign wars to flat-screen TVs. Last fall's financial crash suggested that such fears may be overblown: As markets plunged in the wake of the collapse of Lehman Brothers Holdings Inc., investors scrambled to stash their cash in U.S. Treasury bills, perceiving them to be the safest investments. That boosted the value of the U.S. dollar against many of its major counterparts.
Now, though, major investors like Berkshire Hathaway Inc. Chairman Warren Buffett and bond investment firm Pimco fear the government's fiscal and monetary stimulus programs could end up fueling inflation in coming years and hammering the dollar. Higher inflation eats up the returns of bond investments that provide a fixed interest income, making them less attractive to investors. Less demand for U.S. bonds could mean a weaker dollar.
We already know the bonds are not selling well and the Fed is actually buying them, through Central Banks. They are making deals of trades, thus the printing presses are running overtime to print the money up to buy the bonds.
The game can only go on, so much longer. Also, the Shorting game of metals, seems to be getting a little weaker now. The players were profitting over $200 per ounce with their shorts at the end of last year and the beginning of this year. They are now only making around a $80 profit per ounce now. There are still tremendous amounts of shorts against the metals, but the longs are starting to come up stronger.
I would bet, it will be sooner than later, people start getting worried again about the economy and the banking situation, even though the media is not fully disclosing the truth.
Games can only go on for so long, until everyone starts realizing there is a game being played.
Here are my predictions:
The market is going to start a Free fall in about 2 weeks
Gold is probably about at it's lowest point it will ever be again.
(When the game of shorts is up on the metals, they will skyrocket, when people realize too late, they need them to protect themselves 'value of dollar, at this point' - they won't be available)
I will say once again, "If you have not purchased metals to protect yourself, than you are not paying attention to what is Really happening".
Two Words:
Buy Metals (my opinion - Silver is better - actually more rare than gold, used for more things and will have a bigger percentage of increase, thus more money will be made over all).
What they are using though, is the FDIC amount on hand from June 30th - in their reporting. In other words they are saying the FDIC has X amount of billions of dollars, using how much was in the fund from June. They are NOT being honest and saying the FDIC is underwater at about 5 Billion right now. The media is not mentioning the banks that have been taken over since June 30th, which has been quite a few.
Also, when you hear the number of banks that have been taken over this year (81) and the media says it is not as bad, as the depression and the 80's. They are again Not being honest, they are not saying how many branches and actual locations are involved. Care to take a guess?
Try 3000+ branches of banks, that have actually been taken over by the FDIC this year. That is a lot different than the 81, the media likes to mention.
When people tell me, they won't believe something, until MSM reports on it, I want to say "I will never believe, anything the MSM says - as they are run by the PTB". They have their own agenda and part of that agenda is protecting the government and the PTB, not the people. They are reporting dishonestly to the public.
The fact is, the FDIC does not nearly have enough money to cover what could amount to Trillions of dollars in bank failures.
Link to one article:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aKrqdLil0pGI
A total of 416 banks with combined assets of $299.8 billion failed the Federal Deposit Insurance Corp.’s grading system for asset quality, liquidity and earnings, the most since June 1994, the Washington-based FDIC said in a report today. Regulators didn’t identify companies deemed “problem” banks.
The FDIC insures deposits at 8,195 institutions with $13.3 trillion in assets. The agency is a state-bank regulator that insures bank customer deposits, helps find buyers for failing banks and liquidates lenders that have collapsed.
Did you get that part about 13.3 Trillion dollars?
Oh, I turned on the news (which I don't do anymore) to see what they were saying about the FDIC. I was completely Flabbergasted - when a CNN reporter said "The stock market, did well today, due to the good financial news out". I thought to myself... wow, they really do have people fooled.
Are you listening to those corporations, who benefit from not getting the complete truth to you?
As I see it, they have held off the flood gates very well and have covered the public's eyes to what is really happening here in the U.S.. The problem is, people around the rest of the world, knows what is really going on.
The Fed is buying the U.S. T-bills, in a round about way and not disclosing it.
Information little by little is leaking out about that. What is also happening, is information about how the rest of the world feels about the dollar is starting to see the light of day also in the American press.
link to Wall Street Journal - The rest of the World questions the Dollar
http://online.wsj.com/article/SB125122938682957967.html
Investors and economists have long harbored concerns about the dollar's decline, especially in the beginning of this decade as the federal government and consumers ran up their debtloads to finance everything from foreign wars to flat-screen TVs. Last fall's financial crash suggested that such fears may be overblown: As markets plunged in the wake of the collapse of Lehman Brothers Holdings Inc., investors scrambled to stash their cash in U.S. Treasury bills, perceiving them to be the safest investments. That boosted the value of the U.S. dollar against many of its major counterparts.
Now, though, major investors like Berkshire Hathaway Inc. Chairman Warren Buffett and bond investment firm Pimco fear the government's fiscal and monetary stimulus programs could end up fueling inflation in coming years and hammering the dollar. Higher inflation eats up the returns of bond investments that provide a fixed interest income, making them less attractive to investors. Less demand for U.S. bonds could mean a weaker dollar.
We already know the bonds are not selling well and the Fed is actually buying them, through Central Banks. They are making deals of trades, thus the printing presses are running overtime to print the money up to buy the bonds.
The game can only go on, so much longer. Also, the Shorting game of metals, seems to be getting a little weaker now. The players were profitting over $200 per ounce with their shorts at the end of last year and the beginning of this year. They are now only making around a $80 profit per ounce now. There are still tremendous amounts of shorts against the metals, but the longs are starting to come up stronger.
I would bet, it will be sooner than later, people start getting worried again about the economy and the banking situation, even though the media is not fully disclosing the truth.
Games can only go on for so long, until everyone starts realizing there is a game being played.
Here are my predictions:
The market is going to start a Free fall in about 2 weeks
Gold is probably about at it's lowest point it will ever be again.
(When the game of shorts is up on the metals, they will skyrocket, when people realize too late, they need them to protect themselves 'value of dollar, at this point' - they won't be available)
I will say once again, "If you have not purchased metals to protect yourself, than you are not paying attention to what is Really happening".
Two Words:
Buy Metals (my opinion - Silver is better - actually more rare than gold, used for more things and will have a bigger percentage of increase, thus more money will be made over all).
Monday, August 10, 2009
Gold Shadow Price $6000? Managed Inflation of Dollar - expectations
Please see the post below - with expectations of a short downturn of Gold - manipulated by the commercial shorts on Gold.
Another article today - mentions the dollar will have controlled inflation and the real price of what Gold should be (shadow) will eventually be at $6000.00 per ounce.
Link to article in PDF form: http://www.gata.org/files/QBAssetManagement-07-2009.pdf
As the SGP implies, an ounce of gold would fetch almost $6,000 if we lived in a world characterized by disciplined money issuance. In effect, people and governments around the world would have been exchanging their Federal Reserve Notes for gold to the point that it would take 6000 bills to buy an ounce. The Shadow Gold Price solves for the price of an ounce of gold if the US dollar were still pegged to gold and its rise reflects the inflation of the Monetary Base. (Gold used to actually be the US Monetary Base prior to 1971, when the US and other governments abandoned the Bretton Woods Agreement that imposed monetary discipline on their money printing.)
Obviously this appears to be a crazy gold price within the context of the $900-plus price at which gold has been trading recently on global exchanges (though we do remember its rapid move from $35 to $880 the last time around). We are under no illusions that the price of Comex gold will rise to track what we see as its intrinsic value (not because it shouldn’t, but because we expect external market forces with great interests in protecting the sovereignty of fiat currencies to step in before that occurs, see “Potential Endgame – A Managed USD Devaluation” below).
There is a lot more in the article, including charts. I suggest everyone read this, who is interested in gold.
Position yourself for the coming huge economic changes here in the U.S. and abroad. Make sure you have covered yourself, in preparations in all ways.
Another article today - mentions the dollar will have controlled inflation and the real price of what Gold should be (shadow) will eventually be at $6000.00 per ounce.
Link to article in PDF form: http://www.gata.org/files/QBAssetManagement-07-2009.pdf
As the SGP implies, an ounce of gold would fetch almost $6,000 if we lived in a world characterized by disciplined money issuance. In effect, people and governments around the world would have been exchanging their Federal Reserve Notes for gold to the point that it would take 6000 bills to buy an ounce. The Shadow Gold Price solves for the price of an ounce of gold if the US dollar were still pegged to gold and its rise reflects the inflation of the Monetary Base. (Gold used to actually be the US Monetary Base prior to 1971, when the US and other governments abandoned the Bretton Woods Agreement that imposed monetary discipline on their money printing.)
Obviously this appears to be a crazy gold price within the context of the $900-plus price at which gold has been trading recently on global exchanges (though we do remember its rapid move from $35 to $880 the last time around). We are under no illusions that the price of Comex gold will rise to track what we see as its intrinsic value (not because it shouldn’t, but because we expect external market forces with great interests in protecting the sovereignty of fiat currencies to step in before that occurs, see “Potential Endgame – A Managed USD Devaluation” below).
There is a lot more in the article, including charts. I suggest everyone read this, who is interested in gold.
Position yourself for the coming huge economic changes here in the U.S. and abroad. Make sure you have covered yourself, in preparations in all ways.
Even More Commercial Shorts on Gold - expectations: Downward - Then Huge Upward - Buy on The Down!
If you have been considering purchasing Gold - from everything I have been reading, do not do it right now.
The amount of commericial shorts has increased (I can guess why - the dollar is going to be falling in the index Big time - next month - I bet).
The chart is from: http://news.goldseek.com/CliveMaund/1249844182.php
There are more charts there - but look at his comment -
So how do we reconcile the seemingly very bullish chart pattern for gold with the seemingly bearish COT data? Whilst recognising that gold could climb in the face of Large Spec long and Commercial short positions rising to even greater extremes, a more likely scenario is that Big Money is preparing an ambush - a sharp reversal to the downside to shake the little guy out and scoop up his gold and PM stocks at knockdown prices before prices reverse again to the upside and then the breakout to new highs occurs. This scenario is described in more detail in the article BIG MONEY'S game plan to FLEECE GOLDBUGS ahead of THE BIG ONE.
A complicating factor that could exacerbate the downside in PM stocks should gold and silver break lower will be if the broad stockmarket goes into correction mode at the same time. This looks likely as Abbey Joseph Cohen appeared on CNBC last week proclaiming a new bullmarket, which has been found to be one of the most reliable indicators that we are close to an intermediate top in the market at least.
If the talking heads on T.V. tell you one thing - look the opposite way. Please don't forget the insiders of the markets have been selling off their stocks! The link is in another post on this page - about the selling off of their stocks.
The amount of commericial shorts has increased (I can guess why - the dollar is going to be falling in the index Big time - next month - I bet).
The chart is from: http://news.goldseek.com/CliveMaund/1249844182.php
There are more charts there - but look at his comment -
So how do we reconcile the seemingly very bullish chart pattern for gold with the seemingly bearish COT data? Whilst recognising that gold could climb in the face of Large Spec long and Commercial short positions rising to even greater extremes, a more likely scenario is that Big Money is preparing an ambush - a sharp reversal to the downside to shake the little guy out and scoop up his gold and PM stocks at knockdown prices before prices reverse again to the upside and then the breakout to new highs occurs. This scenario is described in more detail in the article BIG MONEY'S game plan to FLEECE GOLDBUGS ahead of THE BIG ONE.
A complicating factor that could exacerbate the downside in PM stocks should gold and silver break lower will be if the broad stockmarket goes into correction mode at the same time. This looks likely as Abbey Joseph Cohen appeared on CNBC last week proclaiming a new bullmarket, which has been found to be one of the most reliable indicators that we are close to an intermediate top in the market at least.
If the talking heads on T.V. tell you one thing - look the opposite way. Please don't forget the insiders of the markets have been selling off their stocks! The link is in another post on this page - about the selling off of their stocks.
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