Tuesday, July 03, 2012

Silver Manipulation casually acknowledged on CNBC

For years now we've all heard about, and largely believed, the claims of manipulation in the silver market but little has been done to highlight or address the issue.  Main stream media for the most part has ignored the claims of manipulation while regulators did their best to hide and obfuscate the truth in order to protect a futures market that would collapse if properly investigated.   With that in mind it was quite surprising to see 2 CNBC hosts causally acknowledge that manipulation was real, sadly they didn't dwell on the subject but surely such an admission must be seen as a door opening to the truth. 

How much longer can such a corrupt market continue to run amok once the media openly slags its credibility?

I don't know if this was a slip, a warning that they are starting to take their jobs seriously or a dejected admission in the futility of trusting the markets, either way lets hope it stirs up some wider interest.

Start viewing  at about 9:20

H/T to Silver Doctors for catching this


Anonymous said...

I live in edmonton and is looking into moving my RRSP into silver bullion. I have checked with banks and most of them dont do it or have outrageous fees. Can you recommend any place in edmonton or canada which can help me do the transfer?

Thangamayil said...

Hi all,
Have a nice day.
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Anonymous said...

Who sells bullion in Canada w/o a word to big brother?

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Skye Bowen said...

He's not wrong. His timing is just a bit off. It's not hard to predict events - but it is hard to time them accurately.
There have been many new revelations since this blog started.
Silver will go up, and spectacularily - but anyone who looks forward to these events as a mere opportunity to profit is a fool. When silver goes to $100/oz There's going to be one hell of a mess, and every American/Canadian will understand the meaning of counter-party risk.

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