As we know from the latest report of Michael Lynch, there has been only one (1) seller of physical silver on COMEX for over a year now. One. Uno. Which is "HSBC Customer account".
Listening to Jeff Currie it's quite obvious who that "customer" might be.
And as we know from the famous South Park episode sooner or later it will be "aaaaaaand - it's gone".
Memories fade, but hearing her name and voice is still like nails on a chalkboard for me, never mind the face. These two likely think themselves rather clever and untouchable, but "pride goeth before destruction, and an haughty spirit before a fall."
In the aftermath, I hope they thought too highly of themselves to have stacked even one lowly ounce of silver.
P.S. Regarding fines, any stated in dollar terms, instead, ought to be paid in actual ounces of equated silver, even forfeiture of said silver equal to the number represented in all the contracts deemed fraudulent, provided they have it. That'd better act as a deterrent by potential perpetrators, namely bullion banks -extremely wishful thinking I realize. Nonetheless, whose pockets do these fines eventually end up in. How come we never hear of any victims being compensated with this money? It raises suspicion as to its intent; why not allow full transparency in how the money is dispersed?
The Globalist despise the concept of citizens having independent wealth. The banks and financial industry benefit from citizens having their wealth in a system where they are systematically looted. No comment from the MSM although occasionally operatives accidentally trip up on air.
Thank you David for the article. Is that how Jeff Curie lost his job? ;p
David can you summarise what happened when an entity created a short? How do they profit from making a short? And what happened at settlement? Hope my question make sense. Thank you
I have no information. All I see is the alignment of potentials and interests, all aimed at midnight tonight EST. Such an event would put the US Election in abeyance, and freeze government policy and all banking activities. There is no point in panic at this time. Just be aware and have a bit of cash.
Are the Sprott trusts and ZKB metals ETFs within reach of these exposed banks to commandeer? They belong to savers. How easily is it for the silver to be removedfrom the vaults if these entities?
Otherwise, how else do 4 billion in short positions get closed? Doesn't it imply that central banks could offer emergency liquidity to help cover bank losses, as they would be closing shorts into a rising silver price?
I'm also puzzled about that perpetual silver short position, because surely banks with a long term short book could have covered their positions during the COVID sell off at $12-$15. Why wouldn't they when they had the chance?
Imo, no. Spoofing is a dumb cheap parlor trick. It's a white wash. The crime is having open borrow to sell short positions without borrowing any metal.
Good article, clarifies one major component of the silver manipulation vs speculation argument recently reheated.
Thank you.
A scam within a scam within a scam.
Inception but for silver
As we know from the latest report of Michael Lynch, there has been only one (1) seller of physical silver on COMEX for over a year now. One. Uno. Which is "HSBC Customer account".
Listening to Jeff Currie it's quite obvious who that "customer" might be.
And as we know from the famous South Park episode sooner or later it will be "aaaaaaand - it's gone".
BUCKLE UP! How long before my silver seat belt is tested?
https://x.com/FinanceLancelot/status/1853517429931979054
BREAKING: Nvidia $NVDA asks for legal immunity from securities fraud prosecution from the U.S. Supreme Court
https://x.com/FinanceLancelot/status/1852075911744835820
BREAKING: Super Micro Computer was warned if it fails to provide an audited compliance plan by Nov 16, it will be delisted from the Nasdaq.
BREAKING: Super Micro auditor Ernst & Young resigns citing ‘integrity’ concerns
This news comes 1 day after auditor Ernst & Young resigned. $SMCI is $NVDA's 3rd largest customer & heavy user of $NVDA's vendor financing.
$SMCI dropped -33% today. They are $NVDA's 3rd largest customer
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Russia wants more silver seatbelts, too...
https://www.youtube.com/watch?v=7mEg0M65MoI
Russian Central Bank First to Add Silver to Official Reserves
Fraud everywhere.
Memories fade, but hearing her name and voice is still like nails on a chalkboard for me, never mind the face. These two likely think themselves rather clever and untouchable, but "pride goeth before destruction, and an haughty spirit before a fall."
In the aftermath, I hope they thought too highly of themselves to have stacked even one lowly ounce of silver.
P.S. Regarding fines, any stated in dollar terms, instead, ought to be paid in actual ounces of equated silver, even forfeiture of said silver equal to the number represented in all the contracts deemed fraudulent, provided they have it. That'd better act as a deterrent by potential perpetrators, namely bullion banks -extremely wishful thinking I realize. Nonetheless, whose pockets do these fines eventually end up in. How come we never hear of any victims being compensated with this money? It raises suspicion as to its intent; why not allow full transparency in how the money is dispersed?
The Globalist despise the concept of citizens having independent wealth. The banks and financial industry benefit from citizens having their wealth in a system where they are systematically looted. No comment from the MSM although occasionally operatives accidentally trip up on air.
I'd like to witness more confused operatives on air, there's still time yet.
Good info David.
Thank you David for the article. Is that how Jeff Curie lost his job? ;p
David can you summarise what happened when an entity created a short? How do they profit from making a short? And what happened at settlement? Hope my question make sense. Thank you
Cyber Polygon
I have no information. All I see is the alignment of potentials and interests, all aimed at midnight tonight EST. Such an event would put the US Election in abeyance, and freeze government policy and all banking activities. There is no point in panic at this time. Just be aware and have a bit of cash.
Wow! Great info. Thanks David.
Are the Sprott trusts and ZKB metals ETFs within reach of these exposed banks to commandeer? They belong to savers. How easily is it for the silver to be removedfrom the vaults if these entities?
Otherwise, how else do 4 billion in short positions get closed? Doesn't it imply that central banks could offer emergency liquidity to help cover bank losses, as they would be closing shorts into a rising silver price?
I'm also puzzled about that perpetual silver short position, because surely banks with a long term short book could have covered their positions during the COVID sell off at $12-$15. Why wouldn't they when they had the chance?
Half of that fine was not for rigging metals. Half was and half was for rigging Libor.
illegal?
illegal means nothing to these people. The ends justify the means.
Imo, no. Spoofing is a dumb cheap parlor trick. It's a white wash. The crime is having open borrow to sell short positions without borrowing any metal.
The funny thing is that the entire London gold and silver market is a spoof.
Selling promissory notes for 100s times more metal than available.
A trick on citizens.
I think silver is best performing asset YTD. We're making slow painful progress.
Just a matter of months before silver gaps up and never closes that gap
Keep stacking!
I want to see these crooks jumping off buildings!