The big banks can throw 50 to 100 billion dollars or more, at manipulating PMs

Bear

Does the little man stand a chance in the PM market.

The silly thing in all this is that we are putting out money

long on PMs while the financial institutions are using our

money against us. The problem is they have a lot more

money then we do.

wpr101

How do you figure they can "throw" 50 to 100 billion at it. Goldman Sach's market cap is 89 billion right now. So you are suggesting they are going to be holding almost their entire net worth in one metal?

Bear

OPTIONS ,Plus that sum was the collective total of

world banks, with the collusion of various Federal Reserve

banks around the world. PMs must be held down to protect

the perceived value of the worlds worthless paper.

Wolf359

<< <i>OPTIONS ,Plus that sum was the collective total of

world banks, with the collusion of various Federal Reserve

banks around the world. PMs must be held down to protect

the perceived value of the worlds worthless paper. >>



Oh BS Bear. If they tried it, China has the metal, at least in silver. US Banks versus China, guess who loses.

Bear

Well, we shall see what we shall see in time.

Wolf359

<< <i>Well, we shall see what we shall see in time. >>



Oh, no doubt they've been trying. It's what delayed it for this long - should have happened last year. But it isn't working, Gold is up
over $100 dollars an ounce in 2009 alone. I think it's going to blow at some point, and a lot of shorts will be bankrupt.

OPA

<< <i>and a lot of shorts will be bankrupt. >>



And the "long" johns will end up big winners?

Bear

Absolute certainty, is often the road to ruin.

I know nothing, trust nothing and believe even less.

We live in a financial world where facts are fabricated,

statement are intended to deceive, talking heads have

personal and selfish motives and what we see, is as worthless,

as what we hear. All Governments weave a web of misdirection,

when they practice to deceive. The only thing us poor sardines

have left, is the empty bag we are holding.

CaptHenway

A billion here, and a billion there, and pretty soon you're talking real money..........

MrOrganic

google
barrick, jpmorgan,lawsuit

morgansforever

PMs must be held down to protect worthless paper

You nailed it Bear, no one who issues paper wants gold to rise.
I'm with you on the trust, I don't believe anything but death and an increase in taxes.
Doesn't matter who you vote for, both parties love to spend money, each have their own pet projects.
It's as a cartel, the dems are the Gambino's and the reps are Genovese's, or visa versa.
We the employee's of the cartel, make it all possible.

Norseman88

<< <i>

<< <i>and a lot of shorts will be bankrupt. >>



And the "long" johns will end up big winners? >>



Probably not, the big banks will run back to the government with their hands out and we taxpayers will once again have to bail out their reckless speculating. There is no consequence for their actions and they have no conscience.

Wolf359

<< <i>

<< <i>

<< <i>and a lot of shorts will be bankrupt. >>



And the "long" johns will end up big winners? >>



Probably not, the big banks will run back to the government with their hands out and we taxpayers will once again have to bail out their reckless speculating. There is no consequence for their actions and they have no conscience. >>



I don't think the American taxpayer is going to tolerate another bail out.

Norseman88

<< <i>

<< <i>

<< <i>

<< <i>and a lot of shorts will be bankrupt. >>



And the "long" johns will end up big winners? >>



Probably not, the big banks will run back to the government with their hands out and we taxpayers will once again have to bail out their reckless speculating. There is no consequence for their actions and they have no conscience. >>



I don't think the American taxpayer is going to tolerate another bail out. >>



You are correct the taxpayers won't tolerate another bail out but when the fed chairman and the treasury secretary come to congress and again say that there will be martial law if the bail out isn't approved will congress call their bluff???

Bear

The only way the failed banks get more money, is if every bank official

be given a 10 - 15 year sentence for hard time in the Federal Prison,

their personal assets seized, as well as their first born drafted into the

military. Further the entire executive Board must be replaced and the old

board members fined 100,000 dollars each. Then the bank and all of its

branches must carry rolls of half dollars and Ike dollars, available for coin

collectors to buy the rolls and look for keepers.