$ Silver $
- Thread starter SethArb
- Start date
What I want to know is: Are we running out of physical silver? Is Barclays moving physical stock from COMEX warehouses to London because there's not enough silver in London to stockpile for their silver ETF? Is there a concentrated short position in COMEX silver as Ted Butler continually alleges? I don't think the price is being manipulated because silver moves along with gold etc. but if there is a concentrated short to the extent that Butler alleges then the potential for a default is huge and the upside potential is greater than the spike we had with the Hunt Bro's. I'm tired of reading these allegations and rumours. Does anyone have any facts to back any of this up or do we have to wait until this ever (maybe never) unwinds...?
as long as LBMA dealings are non discoverable, no one will ever know the quantity of deliverable bars out there and the amount of silver stockpiles in private hands.....
as other electronic exchanges come on-line with "deliverable" contracts, the picture can only cloud up.....
we need a global commitment of traders report, ha...lotsa luck
as other electronic exchanges come on-line with "deliverable" contracts, the picture can only cloud up.....
we need a global commitment of traders report, ha...lotsa luck
The conspiracist in me is also wondering why Buffet sold all his silver shortly after the ETF went live and why he has recently given away most of his fortune.... Did he sell his silver as part of his divestment plans or did he divest because he was "forced" to sell his silver....? I really need to get to bed and get some sleep... 
Buffet himself said he sold long ago and "too early" ....
If you really think it over, what did Buffet have to gain to get into the same league as the Hunt Brothers and to be associated with a messy commodity squeeze and the subsequent investigations and the like....
who would need the misery of that if you're worth 30+ billion....
his name gets slogged around even though he said he sold out before all this etf stuff got going
by all accounts, Buffet took the high road and rightly so....
If you really think it over, what did Buffet have to gain to get into the same league as the Hunt Brothers and to be associated with a messy commodity squeeze and the subsequent investigations and the like....
who would need the misery of that if you're worth 30+ billion....
his name gets slogged around even though he said he sold out before all this etf stuff got going
by all accounts, Buffet took the high road and rightly so....
Anything that is done for the good of a country's economy will be justified and manipulation of a commodity will be possible. Hunts moved the silver market to the upside and that was just not acceptable to the users who have buddies in the CFTC and the congress. So this manipulation, which is manipulation if you read Butlers reports, does not matter whether he is a perma bull, he is basing it on factual data, not hypothetical ideas like our economy needs cheap oil, how do we get it though?
intersting day.gold up but silver faltered. i guess if the world will get blown up,the you want to hold gold but not silver.