Comments on: The Trouble List http://www.economyguy.com/the-trouble-list/ Economic News For Everybody....by Tom Harvey and Cyrus Uible Mon, 06 Feb 2012 20:08:23 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Dana http://www.economyguy.com/the-trouble-list/comment-page-1/#comment-443 Dana Thu, 28 Aug 2008 13:14:52 +0000 http://www.economyguy.com/the-trouble-list/#comment-443 Thanks for the explanation. It certainly did help. Thanks for the explanation. It certainly did help.

]]> By: Tom Harvey http://www.economyguy.com/the-trouble-list/comment-page-1/#comment-441 Tom Harvey Thu, 28 Aug 2008 09:11:22 +0000 http://www.economyguy.com/the-trouble-list/#comment-441 The article you are referring to discusses the definite manipulation of both the silver and gold markets by selling short silver and gold futures contracts. The data presented is compelling as the prices went down during the same period as the purchase of those shorts. Have you seen gold prices stabilize recently as i have? That would tell me that those banks are liquidating (buying) those shorts, and taking their profit. Why would banks do this? On reason is just plain "greed" but this is pure speculation and manipulation, and with banks are scared of investing as they ever have been, i would rule this one out. The other reason given - to act on behalf of the US Government - is VERY possible. The FED in the past has manipulated the gold market. The FED has always wanted a low gold value because it is just plain embarrassing that gold prices rise as inflation (the printing of money by the FED) rises. The FED manipulated gold prices for more than 10 years straight after the last run up in the 80's. They drove the price all the way from $800 to about $300. Then they ran out of steam - and market pressures prevailed. That's how we got to today. There continues to be a cry from voices in deep, dark corners of the world fo rhaving currencies backed by gold. The FED, on behalf of the US Government, is totally against this, as that would STOP their printing money. Hope that helps. The article you are referring to discusses the definite manipulation of both the silver and gold markets by selling short silver and gold futures contracts. The data presented is compelling as the prices went down during the same period as the purchase of those shorts. Have you seen gold prices stabilize recently as i have? That would tell me that those banks are liquidating (buying) those shorts, and taking their profit.

Why would banks do this? On reason is just plain “greed” but this is pure speculation and manipulation, and with banks are scared of investing as they ever have been, i would rule this one out.

The other reason given – to act on behalf of the US Government – is VERY possible. The FED in the past has manipulated the gold market. The FED has always wanted a low gold value because it is just plain embarrassing that gold prices rise as inflation (the printing of money by the FED) rises. The FED manipulated gold prices for more than 10 years straight after the last run up in the 80′s. They drove the price all the way from $800 to about $300. Then they ran out of steam – and market pressures prevailed. That’s how we got to today.

There continues to be a cry from voices in deep, dark corners of the world fo rhaving currencies backed by gold. The FED, on behalf of the US Government, is totally against this, as that would STOP their printing money.

Hope that helps.

]]> By: Dana http://www.economyguy.com/the-trouble-list/comment-page-1/#comment-440 Dana Wed, 27 Aug 2008 19:37:07 +0000 http://www.economyguy.com/the-trouble-list/#comment-440 I would like to know what you think about this and could explain this in more of a layperson lingo: "Last week, silver researcher Ted Butler pointed out that the latest monthly Bank Participation Report issued by the U.S. Commodity Futures Trading Commission (CFTC) exposes what could be the largest ever manipulation of the gold and silver markets. His report, titled, "The Smoking Gun," is available at http://news/silverseek.com/TedButler/1219417468.php. The CFTC report is available at http://www.cftc.gov/marketreports/bankparticipation/index.htm" The above is from this website: http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=5186 I would like to know what you think about this and could explain this in more of a layperson lingo:

“Last week, silver researcher Ted Butler pointed out that the latest monthly Bank Participation Report issued by the U.S. Commodity Futures Trading Commission (CFTC) exposes what could be the largest ever manipulation of the gold and silver markets.

His report, titled, “The Smoking Gun,” is available at http://news/silverseek.com/TedButler/1219417468.php. The CFTC report is available at http://www.cftc.gov/marketreports/bankparticipation/index.htm”

The above is from this website:
http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=5186

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