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Saturday, 6 October 2012

Dire consequenc​es....................from Rico

The Cartel dumped 1.5x the US annual production of Silver on the futures market within five minutes yesterday, simultaneous with the NFP release.
- What a coincidence, eh?

This is ~51 million ounces of Silver, or 10,500 futures contracts between 8:30 and 8:35 EST.
- Just 'normal' market action. Riiiiiight.

This instigated a waterfall decline in the spot price, which fell from $35.12 to $34.15...and kitco has now apparently "erased" the manipulated takedown from their charts.
- What event? What problem? Look at the charts for yourself.

The derivative consequences of a breach in the Silver spot of $35.00 for JPM and the bullion banks must be very grim indeed for this to be going on in plain sight.
- It's a damned good thing they "own" Washington, and the FED owes them a lotta "favors" for doing their bidding.




1 comment:

LeviTheMedic said...

Try this, better than Kitco
http://www.forexpros.com/commodities/silver