finally proof of ManIpUlation.

Its been a long time since I have been able to finish reading a zerohedge article. I used to spend the time to read it with an open mind now it just hurts my head. Always such a hard read.
 
Quote from stock777:

not.

http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme


Read this bullshit.

If even half of it were 10% true, the clown would be able to make millions trading it, and buy all the gold and silver he ever wanted.

So would you.

If there's manipulation, it aint this kind.
More...

Like a moth drawn to the light, or is it the mosquito to the bug zapper? In any event, apparently you just can't stop perusing ZH even after bashing it. Interesting.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=193244&highlight=zh
 
I look at it a lot less than you'd think .

And when I do its always the same wrong headed paranoid bullshit.

And you?

They have caused huge losses to anyone that believed their negative view.
 
Its funny because when I first discovered ZH I thought I found an underground source for information not many people knew about but as time went on It seemed like a constant drudge report. I will admit though that I did enjoy when they were goin at it with CNBC.
 
Quote from stock777:

not.
.
If there's manipulation, it aint this kind.
More...

You are probably right. A reader might think there might be a email from JPMorgan, but the volume signals Andrew Maguire described is not evidence. Perhaps he is hoping for a payday with the whistle blower windfall.


From: Andrew Maguire
Sent: Tuesday, January 26, 2010 12:51 PM
To: Ramirez, Eliud [CFTC]
Cc: Chilton, Bart [CFTC]
Subject: Silver today

Dear Mr. Ramirez:

I thought you might be interested in looking into the silver trading today. It was a good example of how a single seller, when they hold such a concentrated position in the very small silver market, can instigate a selloff at will.

These events trade to a regular pattern and we see orchestrated selling occur 100% of the time at options expiry, contract rollover, non-farm payrolls (no matter if the news is bullish or bearish), and in a lesser way at the daily silver fix. I have attached a small presentation to illustrate some of these events. I have included gold, as the same traders to a lesser extent hold a controlling position there too.

Please ignore the last few slides as they were part of a training session I was holding for new traders.

I brought to your attention during our meeting how we traders look for the "signals" they (JPMorgan) send just prior to a big move. I saw the first signals early in Asia in thin volume. As traders we profited from this information but that is not the point as I do not like to operate in a rigged market and what is in reality a crime in progress.
More...
 
Don't you get it, if its not going up it must be a conspiracy!

And whats with that short silver position JPM took over from Bear Stears they talk about. A real hoot.
 
Silver is a manipulated market without question. How does a price remain at $5 an ounce for 20 years and not rise with inflation.

Silver will never go to $150 an ounce or gold at $5000 an ounce. What would happen to the dollar? The dollar would be completely destroyed.
 
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