PDA

View Full Version : The lowdown on GLOBEX



Kelly
1st May 2008, 13:31
Well if today's charts have not convinced you that the Silver and Gold Market is being manipulated, then nothing will.

A lot of us who are already invested in silver are not happy campers with what as going on, and I am one of them. So today I did a little nosing around the internet, wondering if I could find out anything more that might shed some light on the new exchange, GLOBEX. And what I found out does NOT look good.

First off, in 2007 The Chicago Mercantile Exchange (CME) merged with the Chicago Board of Trade (CBOT) to form the "CME Group."

"CME Group is a combined entity formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). We provide the widest range of benchmark futures and options products available on any exchange, covering all major asset classes. Together, we offer our customers and the global marketplace more than 250 years of exchange expertise, and we are dedicated to ongoing innovation and unsurpassed customer service.

Specifically, we offer futures and options based on interest rates, equity indexes, foreign exchange, commodities, energy, and alternative investment products such as weather and real estate. Three quarters of our trading volume comes from trades made electronically on our CME Globex electronic trading platform."
To see the full article: http://cmegroup.mediaroom.com/index.php?s=43&item=707

Then, on March 17th of this year, the CME Group also bought out the New York Mercantile Exchange!!!

"CHICAGO and NEW YORK, March 17 - PRNewswire-FirstCall/ -- CME Group Inc. (NYSE: CME)(NASDAQ: CME) and NYMEX Holdings, Inc. (NYSE: NMX) today announced they have signed a definitive agreement under which CME Group will acquire NYMEX Holdings (NYMEX), the parent company of New York Mercantile Exchange, Inc. on the terms previously announced. The transaction joins the complementary product offerings of two of the industry's leading and most dynamic exchanges. This combination will further diversify the company's revenues, with products in every major asset class. It also will better position the company to compete globally with other cash, over-the-counter (OTC) and regulated markets and participate in the fast-growing global energy market. The transaction also is expected to deliver significant customer benefits through clearing capital efficiencies related to equity holding requirements, portfolio margining and security deposits for joint clearing members. Additional benefits will include harmonized trading and administrative technology systems, building on the existing CME Group/NYMEX exclusive electronic trading agreement."
To see the full article - http://cmegroup.mediaroom.com/index.php?s=43&item=707

In perusing their press releases, I also found out the name of CME Group's Managing Director who is Robert Ray, in charge of Commodities, Equities and International Sales.

"CHICAGO, April 29 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced the appointment of Nelson Low as Director, Commodity Products, Asia. In this newly-created position, Low will be responsible for growing CME Group's commodities business, including leading sales, marketing and education efforts throughout Asia. He will be based in Singapore and will report to Robert Ray, Managing Director, Commodities, Equities and International Sales."
http://cmegroup.mediaroom.com/index.php?s=43&item=722&pagetemplate=article

Then I went to their online prospectus and found out all the names of the major executive officers here…
http://finance.aol.com/company/cme-group-inc/cme/nys/key-executives

I also looked at how well the company is doing. They are down 37% this year but have shown a 140% gain over the last three years and a whopping 742% gain over the last five years. http://finance.aol.com/quotes/cme-group-inc/cme/nys

Then I found out who the primary shareholders were here…
http://finance.aol.com/company/cme-group-inc/cme/nys/institutional-ownership

So at least today, we have more information about GLOBEX than we had yesterday. One of the reasons I did this research is because I have been paying attention to the news and there is a good deal of talk going on in Washington circles today about "speculators" in the commodities market driving up the price of oil and food commodities. And of course we know thanks to Ted Butler's research that a group of eight very large speculators are working together in tandem (i.e. "conspiring") to drive the price of precious metals down.

This is market manipulation of the worst kind primarily because the manipulation of the Future's Commodities Market is hitting people from all sides. Obviously people are worried about the rising prices of food and gas while at the same time they are watching the value of their homes drop and it's eating up all of their equity which for many people amounts to their life savings. Additionally there are now millions of people who are realistically looking for a safe haven in precious metals in the hopes of protecting themselves against inflation, but they look at the recent charts for silver and gold (like we have today) and a whole lot of them decide against it. And who can blame them? Look at the damn charts!

The message here from the Banks and Wall Street is pretty obvious; "invest in the stock market instead." But anybody who is looking at a DOW of over 130000 points (as it is today) in spite of absolutely discouraging earnings reports would also look at the stock market and rightfully suspect that the whole thing looks like an enormous bubble getting ready to burst.

Now I know we've all talked about the fact that the economy is tanking, but if it tanks and people don't have silver and gold in their possession, hundreds of millions of working class people are going to be much, much worse off when the SHTF.

We need to write letters to our senators and representatives and we need to do it now.

IF you want silver to shoot for the moon, like it should be doing right now, then this is the time to write your congressmen and gripe like hell about what is going on.

I'd really like to see you guys sit down a write out a letter about it, and post it right here on this thread so that others can copy it off if they want to and send it off to their congressmen if they don't want to compose a letter themselves. Please?

I've got a sneaking suspicion in my guts that this whole country is being set up for the worst economic crash that America has ever seen, and if those people out there with families are not invested in silver and gold when this thing hits, things are going to be ten times worse for them.

They are not going to invest in precious metals as long as the market is being manipulated like this. And we want them to invest in silver, because that stash of silver is what is going to keep their families alive when the economy crashes.

It's up to us to do what we can to stop this manipulation. I don't think it's going to do any good at all to write to the SEC. The only way we can get a legitimate investigation of the Commodities Market is by convincing congress that it's time to take some action about the manipulation of the Commodities Market.

FedFixNix? Anybody? What say you? Got any pointers on writting some good letters that will make congress sit up and take note?

JaySpizzy
1st May 2008, 13:54
Thanks Kelly once again for the excellent research.

I'm convinced that while writing your congressperson is sometimes useful, there's nothing gonna make a difference faster than putting the squeeze on the ole purse. ;)

Kelly, with as much knowledge as you've got, and skill with the pen (not to mention our good ole secret weapon- the truth), I bet you could probably convince thousands of people to put a percentage of their savings in silver. :rolleyes:

Guys like Jason Hommel, Ted Butler, and Israel Friedman tell us we are a stone's throw from a full out silver shortage. Tipping the scales with a bit of good convincing of the popular folk will produce a price driving silver draught that will get the silver shorts filing for bankruptcy, and expose this manipulation faster than a letter, IMO.:cool:

On the other hand, the manipulators just bought you and me another week or few of silver sale. Its all going up sonner or later anyway, so you might as well pick up more if you can.

Kelly
1st May 2008, 14:53
Thanks for the kind words, JaySpizzy, but I'm not certain I agree with you. You say


" Tipping the scales with a bit of good convincing of the popular folk will produce a price driving silver draught that will get the silver shorts filing for bankruptcy, and expose this manipulation faster than a letter, IMO."

Are you certain of that? If the big eight manipulators are in fact the banks that own the Fed, then how in the hell is anybody going to bankrupt them? They can go right on printing money until doomsday, and since they are essentially a "secret society" then how in the hell can we catch them, much less drive the pricks into bankruptcy? They own the damn printing presses Jay! So what if they get a margin call? If the Fed bankers are behind the manipulation, they can print up all the money they want to in order to meet those margin calls.

And I have a real problem right now with trying to go out and convince the average Joe Blow with a wife and two kids to put his money into silver right now with all this manipulation going on. Unfortunately, I seem to have a conscience that works in overdrive. Why that is, I don't know, truth be known I'd be a hell of a lot wealthier today if it weren't for my dang conscience, but it's there and there doesn't seem to be a damn thing I can do about it. And my conscience won't let me go out and try to convince people, particularly people with families, to take their money out of the banks and invest in silver if I think there is an outside chance that the damn Futures manipulators are going to go on playing their sick, filthy game. If I personally talked people into buying silver and the manipulators took the price back down to $6, I'd feel guilty about that for the rest of my life. True story. It would make me wonder if my actions hadn't put somebody in dire straits. It's just my personality. I honest to god couldn't live with myself if I thought I was responsible for putting families with children in such a bind that those kids were going to bed hungry at night. And I'd probably worry about little old ladies too. After all, I actually had a mother and a grandmother that I happened to think were pretty neat people.

But it is all the very recent stories like this one hitting the news that makes me believe NOW is absolutely the best time to write congress about the commodities market manipulation…

"WASHINGTON (Reuters) - The U.S. futures market regulator on Thursday told skeptical members of Congress that speculators were not responsible for pushing crude oil prices to record highs, but one lawmaker warned that commodity markets had become casinos."
http://www.reuters.com/article/politicsNews/idUSN0337748220080403

Or this story…

"A series of reports in the international media have drawn attention to the role of professional speculators and hedge funds in driving up the price of basic commodities—in particular, foodstuffs. The sharp increase in food prices in recent months has led to protests and riots in a number of countries across the globe.

On Tuesday, April 22, a UN spokesperson referred to a “silent tsunami” that threatens to plunge more than 100 million people on every continent into hunger. Josette Sheeran, executive director of the UN World Food Programme (WFP), noted: “This is the new face of hunger—the millions of people who were not in the urgent hunger category six months ago but now are.” http://globalresearch.ca/index.php?context=va&aid=8794

And this story too…

April 22, 2008 -- Jefferson City, Mo. - The influence on commodities markets by Wall Street speculators is hurting both Missouri farmers who aren't benefiting from higher grain prices and Missouri consumers who are paying more for food at the grocery store, Missouri Attorney General Jay Nixon said today. Nixon is urging the federal agency that regulates futures markets, the Commodity Futures Trading Commission (CFTC), to take action to protect consumers and farmers. http://www.allamericanpatriots.com/48746678_manipulation-grain-futures-market-speculators-hurt

So you see Jay, this is why I am saying the time to write letters to congress is NOW because congress is hearing about it, believe me, and they ARE finally starting to pay attention!

The kind of market manipulation that is going on is against the law! It's not supposed to happen. I honestly want do my best to see that those responsible for it rot in prison for a good long time, because I simply loathe the pricks. I don't want to expose other people to this kind of risk until I know that Congress has taken action and put some severe regulation on the market manipulators.

Then and only then will my curious set of scruples allow me to go out and sell other people on silver.

I honestly believe congress is seriously thinking about clamping down on the Commodities Market speculators.

And believe me, I have no problem telling congress that I think the banks that own the Fed are behind it. In fact, I will get INTENSE PLEASURE from fingering the Fed…

After that, I'll be happy to go out and sell silver to the people like the crazed individual I am...:D

Robin
1st May 2008, 15:07
Ya know Kelly,

I'm not a very good writer when it comes to writing to people that have screwed the American people time and time again. I don't know what to say except maybe whats really on my mind....Like

Dear Mr. congressmen,

Could you PLEASE tell the greedy filthy rich elites to stop manipulating the prices of gold and silver? My family and I would like to survive this economical crises that Bush and his friends the elites have helped put us in.

Sincerely Robin:mad:


Kelly, you write pretty well and you seem to use alot of diplomacy when you write and debate most of the time. Why don't you write two or three letters and then people can pick one of them. I would send one. The one that I wrote Above would probably go over like a lead balloon

Kelly
1st May 2008, 15:48
Yes Robin, I'll be happy to write up two or three letters and post them so people can copy them off and mail them. I'll try to knock the first one off tomorrow morning. I'm also hoping FedFixNix and DaveK and a few others (anybody who wants to) who have some good writing skills will join in the effort. I'd love to see copies of those letters posted here and to other PM forum groups as well. I am certain the gold folks (GATA especially) feel the same way about what's happening in the markets. Also, maybe somebody should try to contact Ted Butler, Jason Hommel and a few other favorite and famous authors and tell them what we are doing so they can write some articles asking everybody to join in this effort.

And by the way, I just found this….but I'm not sure what an "event contract" is. Does anybody know? For instance was the Bear Stearns Bail Out "an event" or was the Fed declaring a ¼ % drop in interest rates "an event" and is that what the CFTC is talking about? Can people buy Future's contracts on "events" like this? If so, I dare say it sure looks like somebody worked real hard to stack the deck for the little "event" Fed Chairman, Ben Bernanke, announced yesterday…

Release: 5493-08
For Release: May 1, 2008

CFTC Requests Public Input on Possible Regulation of “Event Contracts”
Washington, DC – The Commodity Futures Trading Commission (CFTC) is asking for public comment on the appropriate regulatory treatment of financial agreements offered by markets commonly referred to as event, prediction, or information markets.

During the past several years, the CFTC has received numerous requests for guidance involving the trading of event contracts. These contracts typically involve financial agreements that are linked to events or measurable outcomes and often serve as information collection vehicles. The contracts are based on a broad spectrum of events, such as the results of presidential elections, world population levels, or economic measures.

“Event markets are rapidly evolving, and growing, presenting a host of difficult policy and legal questions including: What public purpose is served in the oversight of these markets and what differentiates these markets from pure gambling outside the CFTC’s jurisdiction?” said CFTC Acting chairman Walt Lukken. “The CFTC is evaluating how these markets should be regulated with the proper protections in place and I encourage members of the public to provide their views.”

In response to requests for guidance, and to promote regulatory certainty, the CFTC has commenced a comprehensive review of the Commodity Exchange Act’s applicability to event contracts and markets. The CFTC is issuing a Concept Release to solicit the expertise and opinions of all interested parties, including CFTC registrants, legal practitioners, economists, state and federal regulatory authorities, academics, and event market participants.

The Concept Release will be published in the Federal Register shortly; comments will be accepted for 60 days after publication in the Federal Register.

Comments may also be submitted electronically to secretary@cftc.gov. All comments received will be posted on the CFTC’s website.
http://www.cftc.gov/newsroom/generalpressreleases/2008/pr5493-08.html

JaySpizzy
1st May 2008, 15:58
But what is it you truly believe?

I tell my family and friends to buy silver and gold, and I am absolutely confident that I am telling them something that is saving their lives. On the contrary, leaving them to their empty dollars would be allowing them to walk right off a cliff... Would you not agree?

Its fear that keeps us locked out of change. We are always on the outside of power looking in, begging our legislators to please do what is right, follow the constitution, etc. The congressmen of which you speak are overwhelmingly intimidated by AIPAC or some other group, not by your letters. Changing economic reality is far, far more powerful.

Its not just a matter of a margin call. From my understanding, if silver becomes unavailable, then people will begin to bid for it. Any price for silver! bullion banks will close their doors, stocks will fall, the media will have to cover it. But the best part of all, is that people will be demanding true value in their pockets and not just debt- they will have been educated.

This is my 2 cents.

J

Kelly
1st May 2008, 16:56
But what is it you truly believe?

I tell my family and friends to buy silver and gold, and I am absolutely confident that I am telling them something that is saving their lives. On the contrary, leaving them to their empty dollars would be allowing them to walk right off a cliff... Would you not agree?

Jay, I truly believe that if your family and friends take your advice, buy in at $16 and perhaps even invest money they might to need to live on in the next couple of years, if the manipulators then take the market down to $6 again and hold it there, then your friends and family are going to probably be pretty darned ticked off at you.

You must remember that TIME is a very real element here. We all know the fundamentals of silver. It HAS to take off sooner or later. But what if the economy collapses and the manipulators still purposefully keep silver and gold down while it happens? If I am right and FedFixNix is right, then it is the Fed banks that are doing this and believe me Jay, they DO have an agenda! I'm sorry but it sure looks to me like they have no intention of letting either silver or gold take off anytime soon. I've probably got close to 45 pounds of silver in various forms, and you can bet on it, I not only want silver to go up, I NEED it to go up as well. I can't afford to lose my life savings because some jerks are manipulating the market, and I doubt very seriously if your friends and family could either. If you've only got 25 silver eagles; it's not that big a deal, but if you are invested with several thousand dollars worth, it's a very, very big deal indeed.


Its not just a matter of a margin call. From my understanding, if silver becomes unavailable, then people will begin to bid for it. Any price for silver! bullion banks will close their doors, stocks will fall, the media will have to cover it. But the best part of all, is that people will be demanding true value in their pockets and not just debt- they will have been educated.

Jay, on the other hand, IF silver becomes unavailable, it could be because the market has tanked and it's no longer profitable to mine. True, that would indeed create a silver shortage, but you have to remember, the miners have to deal with spot price too. There are a whole lot of big "Ifs "in this market right now, but the biggest IF of all is what the manipulators are capable of doing. I want silver to go to the moon, just like you do. But at this point I'm not sure silver is going to get off the ground as long as the Market Manipulators keep playing their games.

Is it going to hurt you to write a few letters Jay? Is it going to cost you anything to try?


Its fear that keeps us locked out of change. We are always on the outside of power looking in, begging our legislators to please do what is right, follow the constitution, etc. The congressmen of which you speak are overwhelmingly intimidated by AIPAC or some other group, not by your letters. Changing economic reality is far, far more powerful.

Excuse me Jay, but I have NO intention of "begging" my legislatures for a damn thing. I've already told you, my ancestors came to America on the ship that followed the Mayflower, and I AM a serious patriot, as well as a citizen of these United States of America. I KNOW what the constitution says, and by everything our forefathers worked so hard to create, I don't intend to give up MY CONSTITUTIONAL RIGHTS to inform my legislatures, who are SUPPOSED to be working for the people, what in the hell I think needs to be done.

And by the way, I don't "beg" anybody. Period. And I wouldn't expect anybody else to either. Standing up for your rights is not begging, and standing up for your rights is PRECISELY what our forefathers wanted the citizens to do anytime the US government stopped listening to the will of the people.

Our congressmen are supposed to be working for us, not the other way around. And I suspect it would be entirely prudent of "we the people" to remind them of that every now and then.

Come on Jay, I'm asking you to write a couple of letters to your congressmen. It's true that one letter from one person doesn't make much of a splash, but lots of letters from lots of people is an entirely different thing. It's not going to cost you a damn dime to do that. And how do you know it won't work if you don't even try? :)

FedFixNix
1st May 2008, 17:08
You have rapidly become one of the all time people I have met online that has earned the top spot on my list of favorites.... and I've been doing online forums since 1985.

The problem that I see, and I've been thinking about this a lot and for years, is that these banksters have been figuring this thing out for as long as the USA has been an independent nation. They have all the exits blocked, it seems to me.

Even if we could petition congress, or overwhelm them with letters urging changes, left to their own devices (or the Fed's) they would just take actions to make matters worse. This isn't just a possibility, it is an absolute certainty.

What we need to do, as I've often suggested, is to adopt a plan of reform, and then get behind it, and stick to it.

That plan of reform appears radical on the surface, until you stop and realize that most of it only returns to our government the money issuing and regulatory powers most citizens believe it has anyhow.

We need to revoke the 16th amendment and Federal Reserve Act, and return the power to create and regulate money to congress, and get the Banksters out of the business of profiteering off our own money.

Does anyone think that is really going to happen? Not me! Not until so much SHTF that everyone's buried in it, and can't move at all.

'Nuff said for now... perhaps too much.

Kelly, you do good work. You are beginning to comprehend the depth of the problem, and see the real solutions that are needed. Most don't, and will have to be convinced, or educated on the real issues.

A series of disasters is coming, but panic-motivated cures can be worse than the disease.

I'm glad you're on the case, doc. :D


"The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states and nation. At the head is a small group of banking houses... This little coterie...run our government for their own selfish ends. It operates under cover of a self-created screen...seizes...our executive officers...legislative bodies... ..schools...courts...newspapers and every agency created for the public protection.” N.Y. Mayor, John Hylan

Kelly
1st May 2008, 19:32
Why thank you Nixie; I'm flattered, truly flattered by what you said and more than a little bit surprised too.

HOWEVER, ;) let us put our heads together, mi amigo, and do a little careful planning here, for truly, it is entirely possible that we have an outstanding opportunity here to kill two birds with one stone; that is if we are actually on the ball…


We need to revoke the 16th amendment and Federal Reserve Act, and return the power to create and regulate money to congress, and get the Banksters out of the business of profiteering off our own money.

Now you know, of course, that I could not be more in agreement with these goals. But at present, I suspect that it's going to take something rather spectacular to convince congress to rescind that nasty little Federal Reserve Act, since they have apparently become so very conditioned to being puppets dancing on the Fed's strings. So what might possibly be SO horrendous and so terribly momentous that even dyed in the wool Washingtonian bureaucrats might decide that it's time to get rid of the Fed?

Having lived nearly as long as you have and observed the rather curious actions of Washington DC with great interest for some time now, I can sum up what would work in getting rid of the Fed in two little words…"Scandal" and "Embarrassment." It got rid of Nixon, didn't it?

It works every time. That's probably the ONLY thing that is going to be effective in getting rid of the Fed. And that means they have to be caught red-handed doing something SO malicious and underhanded that the entire country becomes enraged.

Now, I do believe that you and I and several others upon this honorable forum have more or less arrived at the conclusion that the only possible people who COULD be manipulating the PM markets to this extent is indeed the scum sucking, money grubbing, mammon worshiping pricks that own the Fed and the rest of their cartel of international banking buddies. Right?

Hmmmmm. Now did you read all those articles I just posted about the congress, the UN and various state leaders suspecting that "speculation in the commodities market" is driving the prices of gas and food up around the world? And isn't that both pissing off and worrying just about everybody? Even the senate? And doesn't it stand to reason that the same jerks manipulating oil and food commodities are precisely the same jerks who are manipulating the PMs too?

And don't we have a pretty good idea who those people are?

You see Nixie, old buddy old pal, IF we are right about who the "big eight" manipulators really are, (the eight primary banks that own the Fed) then inciting the public to write letters to congress DEMANDING that a public investigation of the Commodities Markets and the CFTC is called for in order to SAVE our country and possibly the whole world from total economic melt down IS indeed a project that may well kill two birds with one stone.

As far as I can tell, it really doesn't matter whether one's personal concern over the manipulation of the commodities markets is because they are manipulating gold and silver prices down, or oil and food prices up, because we can go at this thing from all three directions and undoubtedly arrive at precisely the SAME group behind all the manipulations that are going on today. Correct?

So what happens if the public DEMANDS that the top twenty largest speculators in the commodities market be named and they are officially accused of price fixing (which is indeed quite against the law) and those eight nasty banks that we all know so very well just happen to also to be named on that list?

And what happens then if the upteen bazillion researchers out there who already know which banks own the Fed ALSO write letters in TOTAL OUTRAGE because all verifiable and documented research to date tells us that eight out of the twenty big Commodity speculators engaged in fixing prices (and starving millions of people who can't even afford the gas to even get to the food banks) are the hedge funds owned by precisely the SAME banks which just happen to privately own the Fed?

What happens if we get the public so riled up about gas and oil and food that they scream bloody murder about it? What happens if we cause such an EMBARASSING SCANDAL pointing to the fact that it’s the banks which privately own the Fed fixing prices on gas and food, that congress, due to all the public pressure, decides that they ultimately have NO CHOICE but to rescind the Federal Reserve Act?

You see Nixie, I don't believe in "panic-motivated cures" either, in fact, I am quite certain that it would take a good deal of organization and planning to properly pull this thing off, however, I am certain that the people on this forum and others across this country are indeed smart enough to get the job done.

Of course, for this to work correctly YOUR monetary reform group must be waiting in the sidelines with a very good and detailed plan just ready to present to congress, but let us not jump the gun…

First things first! We can't get rid of the Fed unless they are caught red-handed involved in a SCANDAL so Macheveillian and malicious that congress is so embarrassed by it that they have to act or look like TOTAL FOOLS in front of the entire world who will be watching.

And I do indeed suspect that right now the ENTIRE WORLD would certainly like to get rid of the speculators who are driving food and gas prices through the roof; after all, it's hurting everybody, not just Americans.

If you want to get rid of the Fed, Nixie old buddy old pal, you've got to have a plan…

Really! True Story.

The trick is we must not sound like enraged conspiracy theorists. We must sound like enraged consumers and citizens instead…

Oh come on, Nixie. Write up a letter demanding a full investigation of the Commodities Market. I'll bet you could think up a hum dinger.

And don't just think in terms of the silver market either. Mention it but stress food and gas prices. After all silver is a relatively small market, but gas and food sure as hell isn't. And I can just about promise you, if we can get them to investigate and PROSECUTE whoever is driving the oil and food commodities up, silver will FINALLY become free of the market manipulators. :D

Oh! And feel free to sound as self-righteous and indignant as you possibly can. Be purely horrified at the amount of speculation going on in the commodities market.

Oh! And don't forget to mention how old you are. And get your wife to write a letter too. She might casually mention that women over 50 years of age make up the largest voting block in this nation; things like that can't hurt the cause…

I honestly don't think you are going to get rid of the Fed any other way.

Nix, I know you want to educate everybody, but that's a very big, long term plan. Let's just think about getting rid of the Fed, and then consentrate on educating congress about the right way and the wrong way to set up a monetary system.

No panic. We got a PLAN!

Okay?

Richard
1st May 2008, 19:48
I haven't read all the replies here, but I wanted to say...

No, writing will not affect anything that isn't already convinced of what's going on. And even if things did collapse and affect a lot of people in a negative way, we'd still repeat the current from past mistakes, if only because that's the stupid thing to do...

Your only chance of ever seeing near the full value of your silver is the black-market, I think. But heck, I don't know anything about that. That's why they call it the black-market! Or, people can start educating others about (among other things) the real value of silver. I was thinking not long ago... Could the local chambers of commerce be brought into such a plan to trade silver at real value? Maybe even silently ban FRNs in communities, maybe even entire states (not likely, especially at first) and use metals under the table?

I don't know. Just my ideas, for what they're worth.

Kelly
1st May 2008, 20:02
No, writing will not affect anything that isn't already convinced of what's going on.

I disagree. For instance, this administration and the Fed wanted congress to give total amnesty to all the illegal immigrants; in fact they more or less wanted an open border policy.

And it ticked the people of this nation off! Big Time! They wrote letter after letter DEMANDING that congres NOT pass the amnesty bill, and a good many of those people threatened that if they found their congressman voting for it, they were going to make damn sure they never got elected again.

Congress listened and voted down the amnesty bill.

This was one small victory for the people, but it WAS a victory, and it threw a very big sledge hammer into the SPP and North American Union plans.

Writting letters DOES work. And how are we ever going to know if we don't try it? If we fail, at least we know that we have tried.

But if we don't at least get up off our butts and try, then maybe we deserve everything those assholes have planned for us.

Richard
1st May 2008, 21:34
I disagree. For instance, this administration and the Fed wanted congress to give total amnesty to all the illegal immigrants; in fact they more or less wanted an open border policy.


The Visigoths, at the fall of Rome, were barred entry into the city, after having been chased out of their lands by the Huns. After many years of military service, they were stil denied citizenship. So they sacked the city, only to find it was a bankrupt slum.

Now, of all the crap we export to Mexico, I don't blame those people for wanting to get up here for some fresh air, clean water, and... I would say a decent wage, but that's only a misperception...

Yes, it worked alright. The "barbarians" have been repelled again. Just as it worked in getting industry out of this country, what with all the politics people support without realizing what's all about

Eye for an eye... yeah, that'll teach 'em for sure!

Not that I don't see the point of people complaing. Afterall, the Fed only wanted them up here so they could get credit cards and all the out of work people too. But, without cheap labor, busines starts to fail... See how they assure they get whatever they want no matter what?

As FedFix said... all ways blocked and everything goes their way one way or another. I never wanted to accept that, but I have to concede that he may be right, as some buried voice in my head has been saying all these years.

I'm tellin' ya... let it fall apart on it's own. Until then, plan your existence accordingly.

So the question is, before taking that route, what would be the possible negative consequences of making congress act? What, if anything, would the Fed gain if they looked into this?

I bet you one thing, Kel... Those politicians would be scared shitless to learn the reality of the hoax. And they'd be all the easier to control and do something like, say, enact those Patriot Act rules concerning metals...

Look, I believe you about the prison camps, but don't be running off to one just to write me a letter from the inside that says "I told you so Richard!"

Let's think this through first.

Trvlr45
1st May 2008, 22:38
Well if today's charts have not convinced you that the Silver and Gold Market is being manipulated, then nothing will.

A lot of us who are already invested in silver are not happy campers with what as going on, and I am one of them. So today I did a little nosing around the internet, wondering if I could find out anything more that might shed some light on the new exchange, GLOBEX. And what I found out does NOT look good.

First off, in 2007 The Chicago Mercantile Exchange (CME) merged with the Chicago Board of Trade (CBOT) to form the "CME Group."

"CME Group is a combined entity formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). We provide the widest range of benchmark futures and options products available on any exchange, covering all major asset classes. Together, we offer our customers and the global marketplace more than 250 years of exchange expertise, and we are dedicated to ongoing innovation and unsurpassed customer service.

Specifically, we offer futures and options based on interest rates, equity indexes, foreign exchange, commodities, energy, and alternative investment products such as weather and real estate. Three quarters of our trading volume comes from trades made electronically on our CME Globex electronic trading platform."
To see the full article: http://cmegroup.mediaroom.com/index.php?s=43&item=707

Then, on March 17th of this year, the CME Group also bought out the New York Mercantile Exchange!!!

"CHICAGO and NEW YORK, March 17 - PRNewswire-FirstCall/ -- CME Group Inc. (NYSE: CME)(NASDAQ: CME) and NYMEX Holdings, Inc. (NYSE: NMX) today announced they have signed a definitive agreement under which CME Group will acquire NYMEX Holdings (NYMEX), the parent company of New York Mercantile Exchange, Inc. on the terms previously announced. The transaction joins the complementary product offerings of two of the industry's leading and most dynamic exchanges. This combination will further diversify the company's revenues, with products in every major asset class. It also will better position the company to compete globally with other cash, over-the-counter (OTC) and regulated markets and participate in the fast-growing global energy market. The transaction also is expected to deliver significant customer benefits through clearing capital efficiencies related to equity holding requirements, portfolio margining and security deposits for joint clearing members. Additional benefits will include harmonized trading and administrative technology systems, building on the existing CME Group/NYMEX exclusive electronic trading agreement."
To see the full article - http://cmegroup.mediaroom.com/index.php?s=43&item=707

In perusing their press releases, I also found out the name of CME Group's Managing Director who is Robert Ray, in charge of Commodities, Equities and International Sales.

"CHICAGO, April 29 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced the appointment of Nelson Low as Director, Commodity Products, Asia. In this newly-created position, Low will be responsible for growing CME Group's commodities business, including leading sales, marketing and education efforts throughout Asia. He will be based in Singapore and will report to Robert Ray, Managing Director, Commodities, Equities and International Sales."
http://cmegroup.mediaroom.com/index.php?s=43&item=722&pagetemplate=article

Then I went to their online prospectus and found out all the names of the major executive officers here…
http://finance.aol.com/company/cme-group-inc/cme/nys/key-executives

I also looked at how well the company is doing. They are down 37% this year but have shown a 140% gain over the last three years and a whopping 742% gain over the last five years. http://finance.aol.com/quotes/cme-group-inc/cme/nys

Then I found out who the primary shareholders were here…
http://finance.aol.com/company/cme-group-inc/cme/nys/institutional-ownership

So at least today, we have more information about GLOBEX than we had yesterday. One of the reasons I did this research is because I have been paying attention to the news and there is a good deal of talk going on in Washington circles today about "speculators" in the commodities market driving up the price of oil and food commodities. And of course we know thanks to Ted Butler's research that a group of eight very large speculators are working together in tandem (i.e. "conspiring") to drive the price of precious metals down.

This is market manipulation of the worst kind primarily because the manipulation of the Future's Commodities Market is hitting people from all sides. Obviously people are worried about the rising prices of food and gas while at the same time they are watching the value of their homes drop and it's eating up all of their equity which for many people amounts to their life savings. Additionally there are now millions of people who are realistically looking for a safe haven in precious metals in the hopes of protecting themselves against inflation, but they look at the recent charts for silver and gold (like we have today) and a whole lot of them decide against it. And who can blame them? Look at the damn charts!

The message here from the Banks and Wall Street is pretty obvious; "invest in the stock market instead." But anybody who is looking at a DOW of over 130000 points (as it is today) in spite of absolutely discouraging earnings reports would also look at the stock market and rightfully suspect that the whole thing looks like an enormous bubble getting ready to burst.

Now I know we've all talked about the fact that the economy is tanking, but if it tanks and people don't have silver and gold in their possession, hundreds of millions of working class people are going to be much, much worse off when the SHTF.

We need to write letters to our senators and representatives and we need to do it now.

IF you want silver to shoot for the moon, like it should be doing right now, then this is the time to write your congressmen and gripe like hell about what is going on.

I'd really like to see you guys sit down a write out a letter about it, and post it right here on this thread so that others can copy it off if they want to and send it off to their congressmen if they don't want to compose a letter themselves. Please?

I've got a sneaking suspicion in my guts that this whole country is being set up for the worst economic crash that America has ever seen, and if those people out there with families are not invested in silver and gold when this thing hits, things are going to be ten times worse for them.

They are not going to invest in precious metals as long as the market is being manipulated like this. And we want them to invest in silver, because that stash of silver is what is going to keep their families alive when the economy crashes.

It's up to us to do what we can to stop this manipulation. I don't think it's going to do any good at all to write to the SEC. The only way we can get a legitimate investigation of the Commodities Market is by convincing congress that it's time to take some action about the manipulation of the Commodities Market.

FedFixNix? Anybody? What say you? Got any pointers on writting some good letters that will make congress sit up and take note?

Hi Kelly,

You're absolutely right. I write my representatives on a regular basis about various subjects but never this one because I don't know all that much about it and I don't have to with Congress considering turning over complete control to the Fed. Even to a moron taking away all government oversight has got to smell really bad.

However, I don't need to. I'll write them anyway with broader suggestions for what I want them to do and what I think they should investigate. I'll include Thomas Jefferson's quote on the central banking issue. A pinhead can understand that! At least i hope so!

This is absolute BS what is going on and you don't have to be a Harvard trained investor to see it. My Congressman, by the way, is a former stockbroker.

But! I'm not going to do it tonight. I've been up for over 30 hrs, and no, I don't do drugs! It's my job.

FedFixNix
1st May 2008, 22:42
Date

Dear (Congressperson or Senator):

Our nation is facing the most profound crisis since its inception in 1776. It is an economic crisis that has its roots in the way our country issues and regulates its money, and by whom. This all important sovereign right of governments is now in the hands of private, for-profit central bankers. This has been the case since 1913, when the Federal Reserve Act was maneuvered though congress two days before Christmas, when most of our representatives were on holiday. (1)

The end of the American Republic will happen on your watch, unless:


Our federal government nationalizes the Federal Reserve System and reclaims its sovereign prerogative to issue and regulate money;(2)
Our government passes National Monetary Transparency laws; (3)
Our government reclaims its gold that was transferred to private (Fed) ownership over the past 60 years;
Our money is created at no or low interest, and spent into circulation on schools, roads, bridges, and other infrastructure, on the local, state, and federal levels on a per capita basis.

In these ways we could balance our budget, reduce the national debt, rebuild a crumbling US infrastructure, and enable the reduction of an oppressive tax burden on the middle and lower income brackets.


We may be on the verge of repeating the Roman transition from a Republic into a Dictatorship. I urge you to take action while action is still possible under a republican form of government.

Footnotes:
1. The Creature from Jekyll Island, GE Griffin; or The Lost Science of Money, Chapters 19 & 20, Stephen Zarlenga 2. The American Monetary Act: http://www.monetary.org/amacolorpamphlet.pdf 3. Transparency Act: http://www.monetary.org/monetarytransparency.htm


Respectfully,

(Signed)

**************

I know, I know. You just wanted a letter to stop the grand-scale market manipulation, and the above goes way beyond that...

But the above is what I am really concerned about. The market manipulation is just to scare off people from buying gold and silver while they still can. The manipulation is just the tip of the proverbial iceberg. What's the sense in trying to reduce a mountain down to the size of a molehill?

But this is my entry for now. I'm going to be transferring my computer system to one of my own build over the next few days, and may have no or limited time to post.

See y'all on the flip-flop.

FedFixNix

Trvlr45
1st May 2008, 23:01
I've got a sneaking suspicion in my guts that this whole country is being set up for the worst economic crash that America has ever seen, and if those people out there with families are not invested in silver and gold when this thing hits, things are going to be ten times worse for them.


Yep, I think you're right Kelly. There were 3.6 trillion in mergers in 2006. I thought back then that it was the Fed buying up the globe. I think they are consolidating at a very rapid rate everything that has to do with the economy.
Not only in this country but around the globe. They are "centralizing' everything that has anything to do with the economy for total control which is why they are trying to get congress to give them more.

As or when the crash will hit. That is anyone's guess but IMO we have a while. Maybe a few more years although some are saying 2009.

Kelly
1st May 2008, 23:54
Now, of all the crap we export to Mexico, I don't blame those people for wanting to get up here for some fresh air, clean water, and... I would say a decent wage, but that's only a misperception...

Yes, it worked alright. The "barbarians" have been repelled again. Just as it worked in getting industry out of this country, what with all the politics people support without realizing what's all about; Eye for an eye... yeah, that'll teach 'em for sure!

Richard, Richard, Richard, you are completely missing what the amnesty bill was all about. The Fed and the administration wanted to push the amnesty bill through because their plan for a North American Union calls for open borders between the US, Canada and Mexico, plus the loss of our national sovereignty. If that bill would have passed, 20 million more people from Mexico would have flooded into this country and Canada; all of them willing to work for lower wages than any citizen of the US or Canada can afford to live on. A whole lot of people working middle income jobs would have been out of a job, and wages would have dropped across the board in just about every sector.

I'm not against Mexicans, there's quite a few of them in the state where I live, and a whole lot of them are good, decent hard-working people. I've got several good friends who are Latinos. But on the other hand, there is also an awful lot of Mexicans who are dealing toxic drugs, carrying guns, gang banging and they don't seem to give a damn about this country. Granted, there are a lot of American citizens doing the same darned thing, but right now, we don't need to accelerate those problems. America has enough problems of our own


I'm tellin' ya... let it fall apart on it's own. Until then, plan your existence accordingly.

Richard, the economy is NOT "falling apart on its own." This is a manipulated economic collapse. The only way the North American Union-New World Order plans can ever succeed in this country is if they collapse the economy and people are so desperate they'll accept anything to get out of the mess we are in. We've already discussed all this on the forum before you joined, so you missed it. I think a lot of it is on the Doublespeak 101 thread, if I remember right.

This economic collapse is NOT an accident. No depression or recession since the Fed came into being has been an accident. Ben Bernanke doesn't even know what is going on; he doesn't own the Fed.

The economy is collapsing because the Fed, the international bankers and the globalist corporation want it to collapse. They've already laid their plans for a New World Order decades ago. And they found out a couple of years ago that the American citizens are going to fight it tooth and nail.

The only way we can stop it is to take out the Fed. And we can't do that through a frontal assault; they are just too protected. The ONLY way to stop the Fed is to stop and look at this extraordinarily rare moment in history. The Fed banking system is surviving off their hedge funds and commodity speculation. The rest of it is collapsing on them. But as long as they can control the price of food and oil through their hedge funds, they are still in control; no matter how "helpless" they are trying to look to the public right now.

There are already people dying of starvation all over the world because of Market speculation and congress knows this. They are already eyeing the commodities market knowing that something very fishy is going on. Big, important people and organizations are bitching about it. Congress listens to that.

We've got to take out the Fed, and the only way to do that is to catch them red-handed fixing prices by manipulating the commodities market.

Now, if you can come up with another plan for taking out the Fed, then by all means post it. But if you can't, then please get behind this effort. Please!

And FedFixNix? What is up with you? Do you think congress is going to rescind the Federal Reserve Act simply because you've asked them to? No! They're not!

But congress does not seem to have a clue that it's the Fed banks that are driving the commodities markets. So if we can get them to investigate the commodities market full bore, ANY bank caught in the middle of that investigation with their hands in the cookie jar is going to have to be prosecuted. At this point, 95% of the people in congress probably don't even have a clue which banks actually own the Fed.

And who cares? If the Fed's banking cartel gets caught red-handed price fixing oil and food commodities, it doesn't matter if congress knows they are Fed Banks or not. If we all holler loud enough, those banks will have to be prosecuted and their hedge funds will not be allowed to trade again, and it's going to take time the Fed doesn't have right now to put another game plan together again.

So we've got to hit them hard NOW, because I don't think we're going to get too many chances like this again.

Let's bust the Fed! What in the hell have we got to loose? We already know what they plan on doing if they win. Well, don't we?

So what have we got to loose? I say it's time to fight. And this fight is going to be a war of words…

Robin
2nd May 2008, 08:46
Yes Robin, I'll be happy to write up two or three letters and post them so people can copy them off and mail them. I'll try to knock the first one off tomorrow morning. I'm also hoping FedFixNix and DaveK and a few others (anybody who wants to) who have some good writing skills will join in the effort. I'd love to see copies of those letters posted here and to other PM forum groups as well. I am certain the gold folks (GATA especially) feel the same way about what's happening in the markets. Also, maybe somebody should try to contact Ted Butler, Jason Hommel and a few other favorite and famous authors and tell them what we are doing so they can write some articles asking everybody to join in this effort.



Thankyou Kelly, I think if I were to write my own letter they may think that I was one of those dissenters that may need to be put in one of those Fema camps LOL. I'm not very good at articulating.

I want to say that if people don't take notice right now on whats going on in this country, I'm afraid that things can only get worse. Kelly, I was one of those people that was protesting against illegel immigration and all that. Let me tell you that the political correctness in this country is insane, you always have to explain yourself all the time even if the answer is obvious. It's our governments way of keeping our mouths shut and keeps the people in this country divided and in line so that our government can continue with their agenda on bringing in the NAU or now the NWO. Everything that is happening in this country and in parts of the world is going hand in hand. Hell! Their even trying to change the constitution on us. You can bet that if they succeed on the NAU, that we will not have the same constitution at all and it will be to late for us. It's better to be a little uncomfortable right now then to be alot later. People, write letters! It's not going to hurt.

Kelly
2nd May 2008, 10:11
Here's Sample letter #1

Dear (your representative or senator)

I believe that event related Commodity Future's speculation must be curtailed and I am not the least bit certain that continued increases in margin calls will be sufficient enough to bring the commodity market under control. While increased margin calls do indeed drive the small, undercapitalized traders out of the picture, it does nothing to stop the huge hedge funds run by large banks and globalist corporate concerns which now have a virtual glut of newly printed money available to them.

Whether the event is the recent flooding in Asia that wiped out wheat crops, laws enacted that demand that corn ethanol be used in ever higher percentages as a gas substitute, or speculation based on the fact that peak oil has already been reached, sheer greed is obviously driving the price of essential commodities up at a frightening pace around the world.

We see the same thing happening in the precious metals market as shorts intended to drive down the price of precious metals deflate that market in spite of the fact that the average working class citizen traditionally turns to silver and gold as a hedge against inflation in bad economic times. Furthermore there is much to suggest that that current trading in the precious metals market aimed at driving the prices down is based on advanced insider news concerning things like the Bear Stearns buy out or Fed interest rate cuts.

All in all I am afraid the Future's Commodity Market today suggests that far more than mere speculation is responsible for driving prices; in fact, the evidence seems to suggest that the formation of a very secretive cabal of highly capitalized hedge funds is making an all out attempt to fix prices. It is my belief that a full board investigation of these matters must ultimately ensue and I believe that investigation must be transparent and open to the public as well as the Senate. I also believe that all those found guilty must be prosecuted to the full extent of the law. Fines are evidently not a sufficient enough deterrent when major hedge funds have millions if not billions of dollars to work with. Furthermore, the result of their manipulations has obviously created increased levels of starvation and untold suffering and panic in countries around the world.

It is my firm belief that the main operators of all hedge funds found responsible must face criminal charges equivalent to murder or at the very least manslaughter. In truth, starving people to death in third world countries because of one's radical devotion to the profit motive is white collar crime at its worst.

I want it stopped.

Respectfully,
(Your name)

buggles
2nd May 2008, 10:58
Anyone copying and pasting might want to correct the word "currant" with the word "current". Currants are tasty commodities, though.:twisted:

Thanks, Kelly.

Kelly
2nd May 2008, 11:07
Thanks Bugles, I corrected it. Spell check never gets those kinds of mistakes and no matter how many times I proof read something it seems like I always miss one or two goof ups.

Kelly
2nd May 2008, 13:16
To email your representative and senators in Washington DC you can go here…

http://www.congress.org/congressorg/home/

and enter your zip code in the search box in the top left hand corner of the page. This will take you to links you can follow until you get to the desired email form by clicking "contact."

This is a great site because not only can you read some of the letters other people have sent to their congressmen, you can also post your letter for others to read if you want to. It let's us all know what sort of concerns are being addressed to congress from the people.

Also, if you look in the lower right hand box of the main page, you'll see that you can also sign up for weekly alerts in how YOUR representitives voted on the issues before the house and senate floor. Cool, huh?

strongman shelford
2nd May 2008, 18:26
WOW..

People getting ready to attack these manipulators.

Excellent!

I am from South America..If I were American, I would vote for Ron Paul.
Because we have already been in hyperinflation ...printing money like hell.. insolvency...burning debt... I know that story very well... Very easy to figure out what`s next for you If you have already been there.
I am no Anti American. I wish America figure out how to save the country.
I don`t feel comfortable with Chinese leading the capitalist system.
So Please save America. Save the dollar.
talk with your congressmen now.
Otherwise, Chinese will take control in less than 20 years.






PS: I fear for Ted Butler `s life LOL. Hope he don`t finish dead under suspicious circumstances.



Argentum et Aurum comparenda sunt

averagejoe
2nd May 2008, 19:21
Great letter Kelly and thanks for the link, I will use it.

Richard
2nd May 2008, 20:30
Kelly,

First, I apologize for my words towards you in another post. Now...

I never said the collapse wasn't engineered. And it's going to happen regardless if the congress investigates or not, wheather or not they do so sincerely or not.

On the immigrant issue, you missed my point. I know you don't hate Mexicans. The "Visigoths" have been turned away by the hot-button issue of the day. Now they sit in their country, now more than ever wanting out. And out they will come, but unlike before there's nothing here for them where there was before the rise of the Big Bad Debt Monster. It's all an engineered illusion, but that doesn't matter.
Anyway, the reality is there's going to be a lot of people with no place to go, with nothing to do because the bill was meant to get voted against; who was ever going to allow it? Right...

So a barrage of letters and emails will see the congress getting the Fed's way. On top of that, any country holding dollars wants out of that position. All over the developed world, there's going to be a giant wave of retiring people. The food affordability problems, the rising cost of oil... And the absolute least of all concerns is that democrats want the presidency in the worst way. Given all that, the larger part of Washington will not want to hear about "obscure and quaint" notions about the Whatstitution?! because Washington is too full of other concerns, be they legitimate or petty concerns and very few of them are knowledgeable enough to know how to deal with it all.

Now you tell me what the outcome will be.

There will be an Amero. That's a given.

Now getting back to letters and valiant attmepts, what do you think they side with if there is an investigation: An immediate collapse or a promised softer landing, bearing in mind all the problems noted above?

The "soft landing" will continue, as the central banks continue their quest to shake out of our hands the pm that we hold.

As for ideas, I've put mine down at the begining: black market. That's the only way to "cash in" on the real value of silver. However that is done, whoever one does business with... And that's how it's going to be for some time. THat's not bad news though. In time, it will compete with the new currency. And given that even a little can make anyone incredibly wealthy, it WILL win out in probably a short period of time, perhaps within your lifetime. Until then, they're going to be manipulating away to shake that wealth lose from the hands that holds pm. It's a competition and the stakes are high and it's going to rough for a while.

Kelly
3rd May 2008, 06:36
Richard,

Apology accepted; no hard feelings.


Anyway, the reality is there's going to be a lot of people with no place to go, with nothing to do because the bill was meant to get voted against; who was ever going to allow it? Right...

I can't say that I agree with you here. Big business and Big farmers are still trying to get new versions of the amnesty bill passed in congress. The Amero requires the North American Union, i.e. our loss of sovereignty as a nation and a no border policy with the intent to flood this country with cheap labor on "worker visas" which, at least in my view, would drive middle and moderate income Americans out of more jobs. I think the powers that be intended to pass that bill no holds barred, and I think the people behind the NAU were more than a little upset when they couldn't push it through congress. Furthermore, I expect to see them continue with this push, resorting, if they have to, to very sneaky and underhanded means like getting riders attached to bills at the last moment or burying the legislation in so much doublespeak and legalese that congress has no idea what's going on.


The food affordability problems, the rising cost of oil... And the absolute least of all concerns is that democrats want the presidency in the worst way. Given all that, the larger part of Washington will not want to hear about "obscure and quaint" notions about the Whatstitution?! because Washington is too full of other concerns, be they legitimate or petty concerns and very few of them are knowledgeable enough to know how to deal with it all.

Here again, I respectfully disagree. The food affordability problems are caused in part because manipulation in the commodities market is driving the cost of food, oil, and commodities through the roof. With perhaps the exception of wheat, which is in low supply because of weather related problems, all other shortages can be related directly to manipulation; not just of the commodities market, but manipulation of the big Agro Corporations pushing for Corn ethanol, as well as WTO treaties that demand that countries sell ALL their excess grains on the market. What this did was leave many countries without any grain reserves and they now have to pay extremely inflated prices just to buy back the grains the WTO demanded that they sell. This is why so many countries are backing out of WTO treaties today and refusing to export their grains. They are trying to build up a reserve of essential foodstuffs again, so they have something to tide them over when the commodities market gets out of hand or weather and disease related problems cause shortages. I frankly think every country on earth needs to have a reserve storage of essential grains.

The World Trade treaties were obviously written to leave all third world countries in such short supply that starvation would be the ultimate result as the elitists drove food commodity prices through the roof. Starvation of the masses is a major philosophy of the New World Order group who wish to reduce the world's population levels by 80%. It's called "eugenics," which is a drive to breed and improve the elitist "Aryan" family trees, while they devise ever more disgusting and lethal ways to get rid of all races they consider "inferior." It's disgusting.


Now getting back to letters and valiant attmepts, what do you think they side with if there is an investigation: An immediate collapse or a promised softer landing, bearing in mind all the problems noted above?

IF enough of us write letters (which means we've all got to push this in other forums too) I believe an investigation will result in taking out the BIG HEDGE FUNDS owned by the very same banks and elitists that are manipulating silver and gold prices down while at the same time they are manipulating food and gas prices up, and all the while they are also responsible for the World Trade treaties that have gotten us into this mess in the first place. None of this has been an accident, you know.

Richard, I am among those who bought my silver in part because in the event of an economic collapse, I thought silver would ultimately be the "black market" currency of choice. Personally, I'd love to see all people with a good stash of silver, but as long as the markets are manipulated in this fashion, I think a whole lot of people are going to shy away because they see the prices dropping and wonder if silver is truly going to be a reliable hedge against inflation.

If the value of the silver eagles you paid $19 for drops down to say $6 again, how much value are you going to get out of your investment even in a black market scenario? Don't you think the Market Manipulators realize that silver will be the black market currency of choice among the people? Of course they do, and that's one of the reasons why they are trying so desperately to drive the prices down. They don't want people to own silver and the message is "Don't invest in silver unless you want to wait twenty five years to see your investment pay off." In the event of an economic collapse, people don't have twenty five years to wait, and all of us know that.

You have to understand my basic intent, Richard. I am AT WAR with the bankers and elitists. I will do everything I can to put their dicks in the dirt. Period. I am also somebody who wants to effect changes that help give the little guy some protection in these very strange and frightening times. So, one of my main concerns is doing something that will result in bringing the price of food commodities and oil down, while it allows silver and gold to rise again in what might hopefully be a real "free market."

I believe a full scale investigation of the commodities markets will ultimately catch the hedge funds operated by the international bankers and elitists in a trap. If the result of that investigation is made very, very public, I believe a whole lot of very dangerous fascist elitists will end up in jail, and the corporate organizations and banks they've been hiding behind will end up publicly discredited and shown for the Macheveillian manipulators they truly are.

At that point I'd like to see all the many Federal Reserve Research groups get VERY public about the fact that some of those privately owned banks are one and the same with the banks that privately own the Fed. I'd like to see the Fed completely discredited in the public's eye and in the eyes of our Senators and Representatives. Then, at that point, I'd like to see the monetary reform groups like FedFixNix belongs to step in and give some reliable suggestions to congress about creating a monetary system that actually works.

I really am at war with the pricks running this damn mess and I sincerely hope you join me in this effort.

Kelly
3rd May 2008, 08:12
Sample letter #2

Dear (your representative or senator)

The food affordability problems are caused in part because manipulation in the commodities market is driving the cost of food, oil, and commodities through the roof. With perhaps the exception of wheat which is in low supply because of weather related events, rising food prices are not related to shortages so much as they are directly related to price manipulation. This is not just happening in the commodities market either; it's happening because the big globalist corporations are paying environmental lobbyists to push for corn ethanol, and it's happening because WTO treaties have demanded that countries export ALL their excess grains to the world market. What this did was leave many countries without any grain reserves and they now have to pay extremely inflated prices just to buy back the grains the WTO demanded they sell. This is why so many countries are backing out of WTO treaties today and refusing to export their grains. Those countries are trying to build up a reserve of essential foodstuffs again so they have something to fall back on when the commodities market drives prices sky high or weather and disease related events cause real physical shortages. I frankly think every country on earth needs to have a reserve storage of essential grains.

The World Trade treaties were obviously written to leave all third world countries in such short supply that starvation would be the ultimate result as the major Hedge Fund operators drive food commodity prices higher and higher. This appears to be a well planned and coordinated series of events. In case you haven't heard, starvation of the masses is a major philosophy of the New World Order group of global elitists who have openly stated they wish to reduce the world's population levels by 80%. And it looks like they are doing a damned good job of it too. It's disgusting and inhumane.

I believe a complete and open investigation of the Future's Commodity markets is absolutely called for. The enormous hedge funds responsible for driving the prices of commodities up must be identified, prosecuted and given very hefty prison sentences that keep the guilty parties in jail for decades and decades. There is no other deterrent sufficient enough to stop them. Those hedge funds have so much money available to them that fines certainly won't stop them nor will fines deter others from participating in the same sort of abuse and price manipulation.

Recent increases in margin call requirements have only driven the small time operators and speculators out of the game but it left a cartel of huge, well-capitalized hedge fund operators in place and gave them a free reign to manipulate the markets as they please. It's called "price fixing" and it's against the law! All you have to do is walk into a grocery store and look at the prices to see what their game plan is.

I want a full and open investigation of the commodities market and I want you to get on the ball and make it happen now. If you don't do this, I promise you, you'll never get my vote again.

Sincerely,
(Your Name)

LETMYSILVERGO
3rd May 2008, 14:33
OK , WE take Kelly's great Idea of contacting Congress about the manipulation

One of you smart, great, writers tell the story about silver manipulation, we all copy and paste same,
Then we send the letter to the AP, NBC, CBS, Fixxed News, The Turtle Town Tribune, whatever TV news or paper that exists in this and every country in the world.

And then we do it every day forever, until we force some one with the POWER
to Open their eyes and either buy the rest of the remaining silver, or throw the rats in jail. Amen.

Richard
3rd May 2008, 22:43
People,

I don't disapprove of this, but until we all realize the root, the why of it, the attack will disintegrate and they won't touch those hedge funds nor reject a new fiat currency once the old one tanks.

I just made a post in the "lottery tickets" topic. Those hedge funds exist because of all the "compassion" we're smoothering ourselves with. Unless people point out that they want ALL of it do, including it's reasons for being, they're going to assume that the funds are there "for your own good" and won't touch them.

You've got to request the "compassion" beast be killed in it's entirety.

Kelly
4th May 2008, 06:42
You've got to request the "compassion" beast be killed in it's entirety.

Richard, why don't you start a thread and discuss that topic to your heart's content? This thread is about begininng a campaign to get the Future's Commodity market investigated for price fixing.