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Silver jumped up 64 cents.

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    cohodkcohodk Posts: 18,622 ✭✭✭✭✭
    Confidence is ignorance

    Nope, not at all. Confidence comes from understanding, from knowing what one both knows and does not know. It is quite the opposite from ignorance.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭
    Does cohodk document anything to the contrary?


    Again, you wish me to prove a negative.

    Lets try this... Goldman Sachs bought a huge uranium producer, then made a fortune after the Japanese tsunami pushed uranium prices higher. My opinion is GS created the earthquake and tsunami. Show me evidence to the contrary.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>

    << <i>Oh and just to add if anyone wants to learn anything about reading comprehension, butler says they pay 2 bucks over, now I use that in court as a direct quote...

    Like Wes, u read but you don't actually read... >>



    Unlike you, Butler is correct. Last published premium is $2 over. >>


    Lol, ok I know you are a little challenged here in comprehension ... That's exact what I have stated, butlers quote = jp buying at AP prices, so once again, can mr butler provide the evidence that JP is an AP....

    Amazing ... Lol...
    keceph `anah
  • Options
    rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>

    << <i>THe amount of silver bullion that has been sold around the world over the last few years is astronomical. It's not from
    people buying a few monster boxes here and there. Someone is amassing hundreds of millions of ounces somewhere. It doesent matter
    who but is does matter when the dump happens. Thru manipulation of physical vs paper and shorts there will be a short run up
    and then "the Mother of all Crashes"

    Just my guess from the numbers I have seen and the stories I have read over the last two years. Who knows what thoes fine boys on
    Wall Street are up to. >>



    Well, that's a good point to bring up. Now the Silver Bulls are talking about a massive overhang in physical silver being held by JPM.

    Huh.

    There goes the argument that there could be a huge crunch in "good for delivery" bars which drives up the prices of our little chunks we call such amusing names as Monster Boxes and Porn and hope will save our buts from "them" >>


    Like I have stated before , the possessor is the true short sale champ...
    keceph `anah
  • Options
    mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>THe amount of silver bullion that has been sold around the world over the last few years is astronomical. It's not from
    people buying a few monster boxes here and there. Someone is amassing hundreds of millions of ounces somewhere. It doesent matter
    who but is does matter when the dump happens. Thru manipulation of physical vs paper and shorts there will be a short run up
    and then "the Mother of all Crashes"

    Just my guess from the numbers I have seen and the stories I have read over the last two years. Who knows what thoes fine boys on
    Wall Street are up to. >>



    So, by this scenario I guess it is better to bail out of silver, all silver both physical and paper now before "the Mother of all Crashes" rather than try to time the short run up.
    Somehow, I don't see many here doing that.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • Options
    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Oh and just to add if anyone wants to learn anything about reading comprehension, butler says they pay 2 bucks over, now I use that in court as a direct quote...

    Like Wes, u read but you don't actually read... >>



    Unlike you, Butler is correct. Last published premium is $2 over. >>


    Lol, ok I know you are a little challenged here in comprehension ... That's exact what I have stated, butlers quote = jp buying at AP prices, so once again, can mr butler provide the evidence that JP is an AP....

    Amazing ... Lol... >>



    Either the Mint is giving one AP a special break or JP is buying at a nickel or so or whatever over an AP's cost. Frankly it makes little sense to melt an ASE and take a $2+ loss unless maybe they are trying to make demand seem larger than it is. Wouldn't surprise me if JP has some harebrained co ckamamie scheme to trade their cheaper bullion silver for ASEs.
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    DrBusterDrBuster Posts: 5,309 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Oh and just to add if anyone wants to learn anything about reading comprehension, butler says they pay 2 bucks over, now I use that in court as a direct quote...

    Like Wes, u read but you don't actually read... >>



    Unlike you, Butler is correct. Last published premium is $2 over. >>


    Lol, ok I know you are a little challenged here in comprehension ... That's exact what I have stated, butlers quote = jp buying at AP prices, so once again, can mr butler provide the evidence that JP is an AP....

    Amazing ... Lol... >>



    Either the Mint is giving one AP a special break or JP is buying at a nickel or so or whatever over an AP's cost. Frankly it makes little sense to melt an ASE and take a $2+ loss unless maybe they are trying to make demand seem larger than it is. Wouldn't surprise me if JP has some harebrained co ckamamie scheme to trade their cheaper bullion silver for ASEs. >>



    Long term money would make this bet, it's a huge winner at $20.

  • Options
    jmski52jmski52 Posts: 22,383 ✭✭✭✭✭
    Bunker Hunt and Warren Buffet weren't buying silver so they could dump it. If JPM is buying silver, it's not so that they can dump it either.

    And cohodk, when you say that you're being asked to prove a negative, you are simply discounting Ted Butler's documentation - which you are entitled to do. But what you aren't doing is to offer any evidence to the contrary. No more red herrings.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Options
    derrybderryb Posts: 36,217 ✭✭✭✭✭
    Ted Butler, a recognized silver insider, claims JPM has accumulated over 350 million ounces of physical silver and continues to add to their stockpile. He builds his case in the linked commentary. Those that that want to write this off as a conspiracy theory because JPM has not issued a press release are most certainly free to do so. When the press release if finally issued I suspect the price of silver will be far much higher.

    Give Me Liberty or Give Me Debt

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    cohodkcohodk Posts: 18,622 ✭✭✭✭✭


    << <i>Bunker Hunt and Warren Buffet weren't buying silver so they could dump it. If JPM is buying silver, it's not so that they can dump it either.

    And cohodk, when you say that you're being asked to prove a negative, you are simply discounting Ted Butler's documentation - which you are entitled to do. But what you aren't doing is to offer any evidence to the contrary. No more red herrings. >>




    Butlers own words.......I can’t certify that the big buyer is JPMorgan, but everything I look at points to them.

    He is taking a bunch of circumstantial, and in many cases irrelevant, "facts" and creating a scenario. Just like all the nonsense of the last few years of JPM shorting or getting long or cornering silver, all has never been proven or deemed even remotely accurate.

    Maybe JPM is buying silver, so what? Should we have a party? One minute we hate JPM and the next we love them because they are buying silver for the "inevitable"----YES YES YES, we are all going to be rich because JPM is gonna make silver go up!!! LMFAO!!! You guys get so caught up in mystery and conjecture and promise.

    Just create a diversified portfolio and enjoy life. You WILL be ok.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭
    I am buying silver now because it represents relative value vs other assets, not because of some JPM conspiracy crap.

    Why some people are determined to make this so complicated is beyond me. Are they bored? Insecure? In need of validation?? I just dont get it.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    DrBusterDrBuster Posts: 5,309 ✭✭✭✭✭


    << <i>I am buying silver now because it represents relative value vs other assets, not because of some JPM conspiracy crap.

    Why some people are determined to make this so complicated is beyond me. Are they bored? Insecure? In need of validation?? I just dont get it. >>



    When talking billions+, global money can and does drive markets.

    Why this is complicated is beyond me. I work with it, accept it.
  • Options
    perkdogperkdog Posts: 29,541 ✭✭✭✭✭


    << <i>

    << <i>I am buying silver now because it represents relative value vs other assets, not because of some JPM conspiracy crap.

    Why some people are determined to make this so complicated is beyond me. Are they bored? Insecure? In need of validation?? I just dont get it. >>



    When talking billions+, global money can and does drive markets.

    Why this is complicated is beyond me. I work with it, accept it. >>




    image
  • Options
    rawteam1rawteam1 Posts: 2,472 ✭✭✭
    Butler is a prime candidate for the amazing randi...

    He has always been wrong, but has made alot of money telling good stories that captivate people, maybe someday if he gets lucky one of his stories will at least look like it possibly came true...
    keceph `anah
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    jmski52jmski52 Posts: 22,383 ✭✭✭✭✭
    I am buying silver now because it represents relative value vs other assets, not because of some JPM conspiracy crap.

    I haven't made a net long addition of silver since 2008, but I'm wondering if it's not such a bad idea.

    Just because a guy who tracks silver movements and market positions thinks he has some insight - that doesn't make it a conspiracy. The term conspiracy is a standard ploy to discredit without providing substantiation.

    Maybe JPM is buying silver, so what? Should we have a party? One minute we hate JPM and the next we love them because they are buying silver for the "inevitable"----YES YES YES, we are all going to be rich because JPM is gonna make silver go up!!! LMFAO!!! You guys get so caught up in mystery and conjecture and promise.

    Think what you want, but putting words into people's mouths doesn't work for me. For the record, I've never loved JPM, and I don't now either. Either way, if it looks like I'm gonna be rich, rich, rich - you will be one of the first to know! I'll even host the party!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭
    Butler doesnt have insight. Thats my point. He just speculates. Sometimes he gets a hit, but mostly strikes out. Investing is not baseball, you need more than a .333 batting average to make the HOF.



    Looking forward to the party. I'll copter in. image


    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Here we go again.... silver up $.63 as I post.
    Gold up $20 and change.

    Lets hear it from the conspiracy followers as to why....image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    derrybderryb Posts: 36,217 ✭✭✭✭✭


    << <i>Here we go again.... silver up $.63 as I post.
    Gold up $20 and change.

    Lets hear it from the conspiracy followers as to why....image >>


    JPM is buying. image

    Actually disappointing retail sales data is driving dollar down. More bad data pointing to a good chance of a recession. Dollar down, metals up.

    Give Me Liberty or Give Me Debt

  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭


    << <i>Here we go again.... silver up $.63 as I post.
    Gold up $20 and change.

    Lets hear it from the conspiracy followers as to why....image >>




    LOL

    Actually a comment was made a week or 2 ago that the chart was showing positive developments. image


    Or maybe its that darn deflation thing. LMAO. image

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    HATTRICKHATTRICK Posts: 2,097 ✭✭✭✭✭


    << <i>

    << <i>THe amount of silver bullion that has been sold around the world over the last few years is astronomical. It's not from
    people buying a few monster boxes here and there. Someone is amassing hundreds of millions of ounces somewhere. It doesent matter
    who but is does matter when the dump happens. Thru manipulation of physical vs paper and shorts there will be a short run up
    and then "the Mother of all Crashes"

    Just my guess from the numbers I have seen and the stories I have read over the last two years. Who knows what thoes fine boys on
    Wall Street are up to. >>



    So, by this scenario I guess it is better to bail out of silver, all silver both physical and paper now before "the Mother of all Crashes" rather than try to time the short run up.
    Somehow, I don't see many here doing that. >>



    I don't see many here doing that either.
    I also don't see where you thought the above ment to sell now. It's sort of like saying " sell low" Anybody in their right mind would go for the run up.

    If any one entity kept buying at that level to manipulate the market it would most likely cause a run up then a crash. Can you say "Hunt Brothers"
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • Options
    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Some major silver downtrend lines being pierced today....such as the 10 month. And May's monthly candle is sitting entirely above the 2011-2015 downtrend. It could be worse. image
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    derrybderryb Posts: 36,217 ✭✭✭✭✭
    Prices will reverse until JPM fills its vaults. image

    Give Me Liberty or Give Me Debt

  • Options
    HATTRICKHATTRICK Posts: 2,097 ✭✭✭✭✭
    Just get it to $ 25 / oz. and I am cashing in.image
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
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    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>Just get it to $ 25 / oz. and I am cashing in.image >>



    $19 works for me.
  • Options
    rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>

    << <i>Just get it to $ 25 / oz. and I am cashing in.image >>



    $19 works for me. >>


    U should be able to unload now at less than $2 over, to get u 19, with all the euphoria n stuff...
    keceph `anah
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    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Just get it to $ 25 / oz. and I am cashing in.image >>



    $19 works for me. >>


    U should be able to unload now at less than $2 over, to get u 19, with all the euphoria n stuff... >>



    I kinda need spot to get closer to $19 first. Right now it's hard to compete with the bigger players. $2 over at $18.75 - $19 would still give me some wiggle room. Hopefully this time the pop has a few more legs.
  • Options
    mariner67mariner67 Posts: 2,746 ✭✭✭
    Seems like the bail out line is getting quite long around here.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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    cohodkcohodk Posts: 18,622 ✭✭✭✭✭


    << <i>Seems like the bail out line is getting quite long around here. >>




    Music to my ears. image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>

    << <i>Seems like the bail out line is getting quite long around here. >>




    Music to my ears. image >>



    Why? The only time something is music to my ears is if it's a better opportunity for me.image
  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Seems like the bail out line is getting quite long around here. >>




    Music to my ears. image >>



    Why? The only time something is music to my ears is if it's a better opportunity for me.image >>




    And what was the music playing for you 5 years ago? Im hearing more people looking to get out of silver on the next run up than wanting to get in now. I like that.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>

    << <i>

    << <i>THe amount of silver bullion that has been sold around the world over the last few years is astronomical. It's not from
    people buying a few monster boxes here and there. Someone is amassing hundreds of millions of ounces somewhere. It doesent matter
    who but is does matter when the dump happens. Thru manipulation of physical vs paper and shorts there will be a short run up
    and then "the Mother of all Crashes"

    Just my guess from the numbers I have seen and the stories I have read over the last two years. Who knows what thoes fine boys on
    Wall Street are up to. >>



    So, by this scenario I guess it is better to bail out of silver, all silver both physical and paper now before "the Mother of all Crashes" rather than try to time the short run up.
    Somehow, I don't see many here doing that. >>



    I don't see many here doing that either.
    I also don't see where you thought the above ment to sell now. It's sort of like saying " sell low" Anybody in their right mind would go for the run up.

    If any one entity kept buying at that level to manipulate the market it would most likely cause a run up then a crash. Can you say "Hunt Brothers" >>



    That is my point....I remember that during the Hunt Brothers run up euphoria many average folks got caught up on the euphoria of that "short run up" and went out and bought silver for the first time....silver dollars etc only to be crushed by the subsequent crash that occurred at that time. Think you can partake in the "short run up" yet time it before the "Mother of All Crashes" occurs? I am not saying such events will repeat themselves but if they do occur and you think you can time them then I wish you luck. If you believe the above, it is like being on the Titanic and someone tells you it is heading for the iceberg and you decide to continue dancing to the music for a while thinking you have enough time to jump into the lifeboats later.
    If you think the Mother Crash is coming get out now.
    JMHO....but I do not believe a crash is coming.....it already occurred!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • Options
    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Seems like the bail out line is getting quite long around here. >>




    Music to my ears. image >>



    Why? The only time something is music to my ears is if it's a better opportunity for me.image >>




    And what was the music playing for you 5 years ago? Im hearing more people looking to get out of silver on the next run up than wanting to get in now. I like that. >>



    I didn't have much [if any] silver 5 years ago. What I currently have was acquired within the last year or so. My only intention for acquiring it was to flip it for a profit, not a SHTF scenario or LTI. It seems like that has been harder to do on a consistent basis lately. I don't really need the $$$, but if I can get out unscathed I will.
  • Options
    BaleyBaley Posts: 22,658 ✭✭✭✭✭
    Oh look, this basket has a few more eggs in it today.. hey now, that basket has a few more eggs, too. Hmmm, this other basket has fewer eggs in it today... Holy moly!
    Look at the other basket, it's overflowing with eggs!

    Maybe move a few of those spilt eggs into the lighter baskets, one here and two there, and don't forget one for the trading commission and two more for the tax collector..

    Liberty: Parent of Science & Industry

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    19Lyds19Lyds Posts: 26,475 ✭✭✭✭


    << <i>

    << <i>Silver spot is currently up 64 cents. Did something happen to make it jump or is it the usual market manipulations?imageimage >>



    The fixers are fixing or word got out that the Mint is striking 387,578,361 ASEs. >>

    Don't you mean ONLY striking 387,578,361 ASEs?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Options
    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Silver spot is currently up 64 cents. Did something happen to make it jump or is it the usual market manipulations?imageimage >>



    The fixers are fixing or word got out that the Mint is striking 387,578,361 ASEs. >>

    Don't you mean ONLY striking 387,578,361 ASEs? >>



    I wonder what would happen if JP or some other high roller wanted to buy 10 million 1 ounce silver planchets a month from Sunshine Minting for 5 cents more than the the Mint would pay!image

    It wouldn't have to be for them necessarily.
  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>Seems like the bail out line is getting quite long around here. >>




    Music to my ears. image >>



    Why? The only time something is music to my ears is if it's a better opportunity for me.image >>




    And what was the music playing for you 5 years ago? Im hearing more people looking to get out of silver on the next run up than wanting to get in now. I like that. >>



    I didn't have much [if any] silver 5 years ago. What I currently have was acquired within the last year or so. My only intention for acquiring it was to flip it for a profit, not a SHTF scenario or LTI. It seems like that has been harder to do on a consistent basis lately. I don't really need the $$$, but if I can get out unscathed I will. >>



    You just bought about a year too early. A massive decline from 50 to 15 takes years to settle out. We are now in year 4. Time is becoming more favorable.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    cohodkcohodk Posts: 18,622 ✭✭✭✭✭
    What evidence is there that JPM is buying any silver at all?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Options
    HATTRICKHATTRICK Posts: 2,097 ✭✭✭✭✭
    I purchased after the last drop with the intention of holding for retirement and expecting it to come back by then.
    After a year plus of extensive reading on the subject I believe the only chance of a run up again will be thru paper
    trading and manipulation. I will most likely bail out long before the peake as I am not a gambler.
    I will be happy for a small profit at this point.
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • Options
    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭


    << <i>What evidence is there that JPM is buying any silver at all? >>



    None that I know of, but I didn't look that hard. Even if they were, it could just as well be for a client.
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    HATTRICKHATTRICK Posts: 2,097 ✭✭✭✭✭
    JPMorgan is preparing to plead guilty over antitrust charges related to foreign exchange rate-rigging, the bank said in a regulatory filing Thursday.The revelation comes as JPMorgan and four other big banks reportedly enter final preparations for settlements with U.S. regulators over a widespread currency manipulation scheme involving dozens of bankers.

    Here is some evidence of past manipulation by them. They need something new to fleece the masses.image
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • Options
    derrybderryb Posts: 36,217 ✭✭✭✭✭
    Crime pays, especially when people are not held accountable.

    Give Me Liberty or Give Me Debt

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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Yeah and JPM, Bear Stearns, GS, and others don't rig precious metal prices either.

    If you aren't caught and don't a pay fine.....there is no crime. image

    It would be much simpler for the govt to provide us with the market(s) that JPM doesn't rig. It would be a short list. They will eventually be nailed for rigging gold but it will be when the barn is empty and burned to the ground. And at that point, even J6P will have figured it out. The justice department and SEC now have pre-made forms on market rigging where they just have to type in the name of the company, the market, and the dates. Saves a lot of time. You can get those forms on line too at u2Rsheep.crime

    5 years of silver trading investigation by the CFTC and JPM was not found guilty of anything. Who investigates ANYTHING for 5 years...and then comes back with a not-guilty verdict? The biggest smoking gun is when JPM assumed the BSC silver short position in early 2008 upon Bear's failure. The otc silver derivatives then miraculously increased by 100% by July 2008 when they went from $100 BILL to $200 BILL. Why would anyone (or a group of anyones) need to have the equivalent of 14 years of world silver production hedged in July 2008? That was silver's last bounce higher ($19+) before it was crushed over the next 4 months. You can be sure JPM played that bounce out of the hole too. Silver would have undoubtedly been hammered from Aug-October 2008 any ways. But when you get to pick the time, place, and how much....it's a win-win. Still waiting for an answer on how anyone needed 14 years of hedging in their silver positions. Gold at that time was hedged to 3-4X of annual world production. Those tools worked then but they brought a lot of unwanted heat too. There are different/better ones in play today.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>If you aren't caught and don't a pay fine.....there is no crime >>



    I like that...but expanded or modified it..

    "If you ain't caught and don't pay a fine or do time.....it's no crime."image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>

    << <i>If you aren't caught and don't a pay fine.....there is no crime >>



    I like that...but expanded or modified it..

    "If you ain't caught and don't pay a fine or do time.....it's no crime."image >>




    I like that one better too. Maybe we just take if for granted now that no one ultimately responsible for large financial crimes goes to jail any more. Thousands were fined and jailed in the 1980's S&L scams. Not a single person in a top corporate or govt position has gone to jail for the financial crisis 2006-2010. They just find some traders to nail and call it a day. Bernie Madoff and Martha Stewart took some heat off them. Tom Brady will help too. image

    And it's not like a 1% fine is much of a deterrence. You and your buddies make >$500 BILL doing the illegal/rigged trades and then get fined $5 BILL. That's built right into the annual budget. image
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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