*RAID! 90 Million Ounces Of Paper Silver Dumped To Smash Silver Towards $30
Silver Doctors
Another day another waterfall decline for silver as the metal just dropped 70 vertically to $30.37 as 90 million ounces of paper silver were dumped on the market as the cartel attempts to induce a $20 handle for silver.
*Update: 2nd wave in progress as cartel pushes for $29 handle in silver, 4 year uptrend line since 2008 at $30.50 has been broken to the downside. [Read more...]
Reposted with permission.
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Whistler Blowers, Insiders
Well 90 million this time and they could use 900 million next time.
trying to predict the price movement of silver is a waste of time when they can just print a load of certificates and dump them on the market so why try
The faith in all this paper is going down, down by the day so who cares what the paper price says because they could value water as being $0.01 in the middle of a desert but that does not mean anyone with any brains will be selling real drinking water at that price.
stick to physical, don’t be fooled, well do be fooled because i will be buying
the criminals keep getting away with criminality..read this:
http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214?utm_source=dailynewsletter&utm_medium=email&utm_campaign=newsletter
The day of stomping out the naked shorts is soon approaching. I can’t think of a better way to accelerate the process than buying silver. This one action will crush them and grind their ill gotten fiat fortunes into dust.
I LOVE IT when these idiots try and force down the price of silver. I look at it as a loving ‘gift’ so I can purchase more! BTFD! Buy The ‘effing DIP!!! Make their foolishness blow-up in their faces!!!! Take physical possession and let the paper silver burn itself out.
try buying silver eagles from any dealer, $5 to $7 over spot. the street tells the real story.
one word. sequester…its a sell off to raise $’s for shorting market down…watch foe march maddness in the markets.
This article/writer is total B/S!
He’s talking about less than a half billion, whcih in the markets si eqivilant to a ’rounding error’.
Send the punk kid back to the showers!