silver-coin-investor.com / By Dr. Jeffrey Lewis / Sep 29, 16
This title comes from a comment on Ted Butler’s undisputed claim of JP Morgan’s accumulation of upwards of 500 million ounces of physical silver (or nearly 11,000 tons) over the last four to five years.
This accumulation occurred during a time of horrible sentiment and subdued retail demand. “They Know a Bargain When They Make It” puts the whole issue of manipulation into perspective. It’s almost perfect, capturing, in essence, what the great conspiracy all comes down to in the end. They are making themselves a bargain, because they can.
The issue of gold and silver price manipulation has been circulated and documented among the backwater of blogs and alternative (world-local) publications for decades, led by Ted Butler and the Gold Anti-Trust Action Committee.
For now, the COMEX is the center of price discovery. The most volume. The most inventory. The most well developed. One of the largest known stockpiles.
Paper futures are derivatives of physical metal held within a complex system of warehouses moving incredible amounts of inventory and huge percentages of annual production each day and week. Silver movement far outstrips every other commodity.