Replies to post #21056 on ***Precious Metals Investors Club***

[DTGoody]

No longer own my silver. Sold it all so that I can trade. Making money 10 times faster now!

[Stinky_pinky]

Everything you say makes sense wer123, I don't think you can throw out figures though...The fact that JPM is working the silver market behind the scenes suggests that the public should be the last to know precise amounts or figures. Recent gains of gold which topped $1300 today, while silver is still languishing in the low $20s suggests that JPM is not done with their market manipulations as well. I saw this last year, and I just quit selling any silver...in fact silver coins (dollars/pesos) just keep getting more and more expensive everyday, regardless of the spot price. Hmmmm. S~P

[milo3]

wer123, Thanks for posting some of a Ted Butler's research re. JP Morgan Chase's (JPM) manipulating itself into a currently huge stash of gold and silver. At the end of a much similar article Butler offers a good reason to consider owning a good position in silver by saying "We fell sharply in 2013 because of JP Morgan and will likely rise sharply in 2014 for the same reason. From my perspective that's all that matters."
http://www.silverseek.com/commentary/2013-%E2%80%93-year-jpmorgan-12815
While Butler is likely the most knowledgeable on silver manipulation it seems he might have underestimated JPM's ability to take silver's price down so much. Conversely IF JPM chooses to run the price up this year hold on to your hat/silver.