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Re: SilverSurfer post# 10371

Tuesday, 03/08/2011 3:35:55 PM

Tuesday, March 08, 2011 3:35:55 PM

Post# of 16548
Poster Montanore had a great retort to that article which I have cut and pasted here:
Here is a MSM/NYTs piece that acknowledges there may be something to the 'conspiracies' driving silver. What annoys me is he still hints that it's not cool to buy silver--that may mean one is a 'nut.' How to explain the rise of silver? Like it's a very unusual thing. The unusual thing is why silver is so LOW....not high! It has been suppressed by the banksters for years.

"This kind of ride is reminiscent of the ride the Hunt Brothers enjoyed..."

Yeah, until they changed rules and pulled the rug out from under them and bankrupted them for doing something perfectly legal. It threatened the bankster mob's game and they had to be stopped. And yet now the Hunt Bros are painted as 'bad guys' for buying a lot of silver and they are trotted out frequently now as a warning not to get caught up in the 'silver bubble.'

"There are still plenty of people suspicious about the trading in silver, and now they have the Web to explore and to expand their conspiracy narratives.

We are not 'suspicious.' The Fed-supported bankers stole trillions and got away with it. FACT. JPM and others remain massively short on silver. FACT. Silver has been suppressed by them for years and they have reaped the benefit. FACT. Now that they are in a jam, the Hunts are trotted out and silver buyers are smeared as nuts.

"...silver shot up in price after a whistleblower exposed an alleged conspiracy to keep the price artificially low despite the inflationary pressure of the Fed’s cheap money policy. ..."

It isn't an 'alleged' conspiracy. It is a conspiracy and it was proven! But nobody went to jail because the CFTC is owned by JPMorgan and the Fed. JPM was given the green light to do whatever they liked. Longs were subjected to repeated margin increases.

"Some even suspect that the Fed itself was behind the effort to keep silver prices low, as a way to keep the dollar’s value artificially high."

GASP! Those silver nuts think the noble Fed is trying to prop up the dollar as it is printed endlessly? How could they think that!?

"Trying to unravel the mysterious rise in silver’s price is a conspiracy theorist’s dream, replete with powerful bankers, informants, suspicious car accidents and a now a squeeze on short sellers. Most intriguingly, however, much of the speculation seems highly plausible."

It's highly plausible because it's a FACT. But he pads the sentence with all sorts of BS to make us sound like conspiracy theorists. Silver's rise isn't mysterious. What's mysterious is why these bankers aren't in jail!

"In the United States, trading in precious metals and other commodities is regulated and closely monitored by a federal agency, the Commodity Futures Trading Commission. "

And they let JP Morgan get away with breaking the law. Notice how this writer continues to write nobly of statist institutions while still disparaging silver 'nuts' as he writes. Even though at the end he says there is something to it! This is disingenuous writing at its finest.

"It’s getting harder and harder to continue to brush off Andrew Maguire’s claims as the rantings of a rogue trader with a nutty online following. "

THEN STOP DOING IT!!!

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