Basserdan & Fabian...this just in from Harvey Organ...
Bix Weir via aweber.com to harvey show details 4:35 PM (1 hour ago)
Today's passing of the position limit rule was a big deal but don't expect it to end manipulation immediately. First of all, there's a 60 day waiting period allowing JP Morgan to further close out their big short position. Second that 60 day waiting period doesn't start until after the CFTC defines the word "swap". Rediculous I know! Like I said before....they don't want to start the crash but rather be ready to try and fix the problem AFTER THE CRASH. It was clear to me that at some point in the very near future Position Limits will be firmly in place and that is not good news for the bad guys.
Last week I sent out a special report to Private Road members (HERE) with the following comment on this hearing... So how can this all play out? Here are 3 scenarios: 1) If they don't pass the rule on the 18th then we are right back to where we have been for the entire year. Continued manipulations into the foreseeable future. 2) If they pass the rule WITHOUT the few month implementation I would say "IT'S OFF TO THE RACES FOR SILVER!" The sky's the limit followed by a global meltdown of all monetary systems...the END GAME. 3) If they pass the rule WITH the a few month implementation process then we would likely see JPM and friends bring silver back up to previous highs before another MAJOR SLAM before the rule is implemented. If I were a betting man...I'd bet on scenario number 3. I think they will pass the rule and give the banksters a few months. During these few months the next financial crisis will hit allowing the banks to crash the gold and silver markets and cover even more of their short and then try to go long. END
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