Re: Gene Arensberg article showing a graphical of banking concentration of short sal
posted on
Mar 17, 2009 02:11PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Is it possable that the 2 to 4 banks are magicians ? Magicians typically attract spectator's attention to one hand by something they are doing ( flourishes etc. ), while the other hand performs the manipulation ( pay no attention to that man behind the curtain ). Is it possable that our attention is being fixated on the 2 to 4 banks shorting activities, while what we should be noticing is, those who are buying the shorts ?
Perhaps the banks are setting up one last transfer of real ( physical ) wealth to their cronies or masters. Perhaps one day, just before the dollar crash, the buyers will all demand to settle in physical gold and silver. The 2 to 4 banks might just settle using their own PMs, and perhaps much more, supposedly owned by the GLD and SLV. After all, if you're already bankrupt for several trillion, what's a few more. Or you can just cry Uncle ( Sam ) who can settle for you in newly minted paper.
I freely admit how much I don't know about the precious metals and futures markets, which is why I monitor this site but rarely post ( don't want to embarrass myself too much ), so I could be talking out of my hat. But I can't shake the nagging feeling that we're all being misdirected. The PTB are acting like a bunch of absolute morons, and they aren't. Successful parasites and criminals know they have to keep their hosts alive and reasonably healthy, if they want to continue feeding.
They're destroying the worlds financial system, and they own most of it ! They must have a plan to transfer their wealth into whatever financial system they expect to replace the current one, and the obvious way is to transition into PMs just before the big bang. And 2 to 4 banks are offering to sell massive amounts of PMs at far below the going rate, let alone what the un-manipulated rate would be ... and next to nobody is taking delivery ???? Or are they just buying the futures so that when central banks around the world decide en masse to trade Dollars for PMs, they can say " Hold on. We were here first. Back of the line." and then take delivery at deep discount prices ?
Confused but suspicious
P.S. < Tin Hat Warning > Perhaps they're intentionally trying to create the greatest global depression ever, in an effort to stave off the effects of Peak Oil for as long as possable. That's the only other reason I can think of for trashing their financial system </ Tin Hat Warning >