DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - CNBC Hosts admits silver manipulation on the Air (Holy Taco Batman)

**alexosnasos2** · 07-04-2012, 02:26 PM

Dan Norcini has spent a few blog posts recently explaining how silver is tied to the Commodity Index, and that silver price movement is frequently the result of "normal trading activity", NOT Cartel raids.

But then I ask - if you worked for a hedge fund, and you knew that the Cartel was going to be raiding Silver that quarter, would you recommend adding silver to the hedge fund portfolio - especially if you knew that your BONUS was tied to quarterly hedge fund performance ?

Only investors who are "in it for the long term" and aware of the US $ Achilles Heel (increasing reliance of US economy on US Gov. spending, extraordinary ramp-up in US gov. money printing) will trust their gut @ buy Ag.

Turning investors bearish on alternative currencies such as Gold & Silver is a cornerstone of Greenspan's "Strong Dollar Policy".

It's working.

Just wait till Central Bank's start adding Silver to their Reserves. It may not be a "Tier One Asset" (yet), but as was proven in April 2011, Silver is a great currency with which to buy Gold.

When a Central Bank acquires 30 ounces of Physical Silver, they then have something which can reasonably be traded for 1 ounce of Silver. Most Silver Guru's (Sprott, Morgan) estimate the future GSR at approx. 15:1.

I think Central Banks will start acquiring Silver en Masse by the end of 2015.

07-04-2012, 02:26 PM	#14
alexosnasos2 Join Date Oct 2005 Posts 596 Senior Member	Dan Norcini has spent a few blog posts recently explaining how silver is tied to the Commodity Index, and that silver price movement is frequently the result of "normal trading activity", NOT Cartel raids. But then I ask - if you worked for a hedge fund, and you knew that the Cartel was going to be raiding Silver that quarter, would you recommend adding silver to the hedge fund portfolio - especially if you knew that your BONUS was tied to quarterly hedge fund performance ? Only investors who are "in it for the long term" and aware of the US $ Achilles Heel (increasing reliance of US economy on US Gov. spending, extraordinary ramp-up in US gov. money printing) will trust their gut @ buy Ag. Turning investors bearish on alternative currencies such as Gold & Silver is a cornerstone of Greenspan's "Strong Dollar Policy". It's working. Just wait till Central Bank's start adding Silver to their Reserves. It may not be a "Tier One Asset" (yet), but as was proven in April 2011, Silver is a great currency with which to buy Gold. When a Central Bank acquires 30 ounces of Physical Silver, they then have something which can reasonably be traded for 1 ounce of Silver. Most Silver Guru's (Sprott, Morgan) estimate the future GSR at approx. 15:1. I think Central Banks will start acquiring Silver en Masse by the end of 2015.
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