RTR Letters continued
- Article Dates:
- 2010
- All Months
Displaying Matches 1 thru 16 of 49 Found. NEXTLAST
Fair and appropriate position limits in silver should be NO MORE than 1,500 contracts or 7.5M ounces. The current proposed limit of over 5,000 contracts WILL NOT SOLVE THE PROBLEM OF MANIPULATION IN SILVER! The 1,500 contract limit is the correct amount and is STILL greater than any other current concentration in physical commodities traded on the COMEX....
The COMEX silver short positions are, in fact, derivative contracts that are supposedly backed by other derivative contracts held by the Chinese. The performance on these Chinese derivatives is at the whim of the Chinese Government whether or not they will be supported. Given that the Chinese were the largest purchasers of those fraudulent Mortgaged Backed Security derivatives you can be sure there is no love for the creators of paper derivatives and China will act in their own best interest. Unfortunately for JP Morgan, buyers of COMEX silver short positions do not have the luxury to default on their derivative obligations like the Chinese buyers do....
If you fail to uphold the Law you should expect the immediate wrath of both the Citizens of the United States and the US Legal System. We will demand the REMOVAL of all standing CFTC Commissioners from their positions, and in accordance with the Law, the Staff Recommendations entered into the Federal Register will be deemed effective on January 18, 2011 at 12:00:00am....
The following are important graphics and links related to the topics I discuss in the "Road to Roota Interview". I would also recommend reading the entire "LETTERS ARCHIVES" to fully understand this complicated topic. Once you do you will see how everything fits together....
OPEN LETTER TO THE CFTC: I am writing this letter in the hopes that the scheduled hearing on COMEX metal concentration limits is the REAL DEAL and not some "horse and pony show" designed to pacify angry gold and silver investors without making real changes. The COMEX gold and silver markets have been manipulated for far too long so any attempt to place a Bandaid on the problem and kick it down the road will be received with scorn and ridicule by those of us who know the truth....
Today, the CFTC is in the position to DO THE RIGHT THING and THEY ARE NOT ALONE! This time they have the strong support of the Administration, the majority of market participants, WE, the American people and THE RULE OF LAW. Address the Position Limits issue at the CFTC meeting on Dec. 9th and implement reasonable silver position limits of no greater than 1,500 contracts....
A lot going on in the Road to Roota world these days. I want to thank everyone for forwarding me all the "hot topics" that have popped onto the radar over the past 24 hours. Here's my comments taking into account the Road To Roota angle...
Ask yourself this: "How high would the price of silver be if those Commercial Short Sellers had NOT added over 120M oz of new shorts?". $100/oz? $500/oz? $2,00/oz...take your pick. The price of silver over the last 9 years has risen 6x even though the Commercial Short keeps rising skyward to try and stop the meteoric rise in the price of silver. CONCLUSION: THE SILVER MOON SHOT STILL LIES AHEAD OF US!...
Bart Chilton has released a public statement that sounds more like a CRY FOR OUR HELP! There are people within the CFTC that are still fighting for the Bad Guys who continue to rig our silver market every day. Bart is fighting them tooth and nail but they seem to be winning the internal struggle to "POSTPONE" the position limits hearing....
There has been a lot of negative press about the big banks rigging the silver market, fake silver inventories in large ETFs and regulators at the CFTC not doing their job by enforcing commodity laws in the COMEX Silver markets. Well, I'm here to tell you to BLOCK OUT all that negativity and sink your teeth into everything GOOD and HONEST about silver! And there is a lot to sink your teeth into because...EVERYBODY LOVES SILVER!...
Those of you that have followed the Road to Roota for a while know my take on market action and computer programed trading. There has NOT been a freely traded market in the world since the early 1970's when Alan Greenspan introduced FINANCIAL COMPUTING to the world of "free markets". Once you understand this you can ask yourself a very simple question: "If THEY can rig all markets with computer programs....would they?" The answer to to this question is a RESOUNDING "YES!" So knowing that there REALLY is a "Little Man Behind the Curtain" makes watching the daily market action seem like a silly exercise as all price points are IRRELEVANT in a fully manipulated market....
It is a fact that the amount of time, effort and money spent on constructing NEW RULES OF ENGAGEMENT for the COMEX and OTC markets is staggering. From watching and listening to the recorded CFTC hearings and rule proposals it is clear that there really is a new sheriff in town at the CFTC and I applaud all those who are really digging into the new market realities. Having said that, the "free market system" that you are charged with fixing is NOT FIXABLE and the work you are doing will only serve to prolong the long term market manipulation in all markets....
The long term manipulation of silver is STILL ACTIVE and the CFTC is playing it's role as they always have. As facilitator of the manipulation. The key to all this is that the "official market manipulations" started by Alan Greenspan and Stephen Devaux back in the 1970's are FINALLY coming to an end...
This weekends Saturday Night Live opening skit was an excellent start to the global tipping point. Make no mistake, the Sheeple are being educated on a mass level in preparations for "the change"....
I dare you to go onto Youtube and search for "Mortgage Fraud Deposition". You will get videos like this...SCARY!...
The blatant market manipulation of Silver on the COMEX has gotten to a point where even a non-believer in COMEX manipulation can easily watch all the illegal action. The latest side show in this decades long con job is simple EMBARRASSING to your organization and the country....