Road To Roota | September 10 2012
To those of you watching the price of silver rise thinking how exciting it is that the silver buyers are finally diving into the silver market and driving the price higher, unfortunately, you are living in a fantasy world. There is no “free market” in silver where supply and demand matters and drives the price movements. Silver is a “managed market” and has been since the early 1970’s. It is managed via computer programs run out of the Fed NY and the basement of the US Treasury. Computers trading back and forth with each other to SET the price…every day, every trade and every tick.
So when silver rises 20% in a matter of weeks or silver dives 20% in a matter of days you should not be surprised. It is meant to play with your emotions and scare (or force) you out of the silver market.
But knowing this should not slow down your positioning for the END of this silver price “management”. It should motivate you to BUY MORE PHYSICAL SILVER and be ready for the END of this management process. Yes, it is ending. The Good Guys tried to end this game back in 2008 but they were stopped short…mainly because WE THE PEOPLE were not ready. So a decision was made to wait until the NEXT US election to finally pull the plug on official silver market rigging. We are now nearing the end of this phase of silver manipulation.
That is why the price of silver has risen so high and dropped so fast in the past 4 years. To delay the inevitable silver moonshot. That is why the CFTC refuses to end this obvious manipulation up until now. That is why the price is rising so fast as we approach election day. This is the END game.
The latest Bank Participation Report is a tell tale sign that something is up. The US bank short positions of COMEX silver futures grew more than 8,295 net contracts, to 28,760 net short contracts from the last report on August 7.
http://www.cftc.gov/dea/bank/deaSep12f.htm