Fact Versus Speculation

[webmaster]

Subject:Fact Versus Speculation
By: Theodore Butler

Overview: In the following paragraphs I will outline and explain how a major bank or banks, in likely concert with the U.S. government, pulled off financial shenanigans that will literally take your breath away. This is an outrage that cannot be allowed to stand.

Link: http://news.silverseek.com/TedButler/1220376924.php

[duneyman]

Here we go again ! At least we are getting closer to the time the silver price is finally set free. When will that happen ? It sure looks as if it may take a while.

[Gino]

So what happens when these contracts to sell silver come due and buyers are saying "Give me my $13 silver" when the price is up at $17.50?

What option do the banks have, given the shakey state of their balance sheets? They have to print more silver, i.e. flood the futures market with more cheap contracts, to keep the price suppressed otherwise they will go broke.

This is JP Morgan, if they implode the whole financial edifice will come crashing down and no one can allow that to happen. That would be a global disaster. So, the regulators will continue to allow them to sell contracts for supplying gold and silver they don't have. With no motivation for regulators to stop banks selling supply contracts for things they don't have, it is clearly apparent that there is no integrity in the Gold and Silver futures markets.

That should not be a surprise any longer and is self evident from the fact that official prices have been dropping like a stone, right in the face of a supply shortage and rationing of investor material.

The irony of it is that this very same loss of integrity in the paper (derivative)markets is what is driving investor demand for quality physical assets ilke gold and silver bullion.

How long they can float on a sea of paper is anyone's guess. For the concerned population of suffering citizenry, however, the relevence of official prices for precious metals is diminishing every day.

[pkrebaum]

I've been saying all along.... "The CFTC is in cahoots with the Shorts !!!"

Ted himself has said that this market manipulation has gone on for decades, without resolution or inquiry, despite constant complaints and well-researched criticism.

Simple logic dictates (esp. in the case of a regulatory body) that if you're not part of the solution then you're part of the problem.

[skijake]

Originally Posted by Gino

So what happens when these contracts to sell silver come due and buyers are saying "Give me my $13 silver" when the price is up at $17.50?

What option do the banks have, given the shakey state of their balance sheets? They have to print more silver, i.e. flood the futures market with more cheap contracts, to keep the price suppressed otherwise they will go broke.

This is JP Morgan, if they implode the whole financial edifice will come crashing down and no one can allow that to happen. That would be a global disaster. So, the regulators will continue to allow them to sell contracts for supplying gold and silver they don't have. With no motivation for regulators to stop banks selling supply contracts for things they don't have, it is clearly apparent that there is no integrity in the Gold and Silver futures markets.

That should not be a surprise any longer and is self evident from the fact that official prices have been dropping like a stone, right in the face of a supply shortage and rationing of investor material.

The irony of it is that this very same loss of integrity in the paper (derivative)markets is what is driving investor demand for quality physical assets ilke gold and silver bullion.

How long they can float on a sea of paper is anyone's guess. For the concerned population of suffering citizenry, however, the relevence of official prices for precious metals is diminishing every day.

Nailed it! It is however, suprising how long they have been able to keep up the charade. Is a tipping point in view?

[balou2]

Bring on the tipping point. While I don't wish bad on anyone holding paper silver (or what they think is silver), the only thing this will do is continue to drive the actual VALUE of PM up. Go buy silver.

[mizou]

Hi All,

Following Ted Butlers article, I followed up with an email to the names listed in the article, requesting that the information requested, be released to Ted Butler.

Below in Blue is my initial email and in Red, Bart Chilton, Comissioner CTFC response.

Regards

Mizou

________________________________________

From: Mizou - Hotmail Account
Sent: Tuesday, September 02, 2008 8:16 PM
To: 'undisclosed'
Subject: Request for COMEX information disclosure.


Dear Sir,

Following the disturbing allegations made by Ted Butler regarding the largest trader held short in COMEX, I herby request, in the name of “truth” and “morality” that you ensure information being requested by Ted Butler, be released to him so as to clear this matter.

Here is the link to his article http://news.silverseek.com/TedButler/1220376924.php

The information requested is that the CFTC disclose how many contracts the largest trader held short in COMEX silver and gold futures on 22nd July 2008 and 5th August 2008.

If Ted Butler’s allegations turn out to be true, it cannot be condoned for any reason. It’s illegal and contrary to everything that America stands for.

I hope you can do the right thing by the people, release this information and put this matter to rest.

It will take a Real Man with Real Guts to do this and I know you’ve got it in you to do the right thing.

Kindest Regards

Jacques

__________________________________________________ _______________________
Here below, is the reply that I got from Bart Chilton, Commissioner, Commodity Futures Trading Commission

From: Chilton, Bart [mailto:BChilton@CFTC.gov]
Sent: Wednesday, September 03, 2008 11:06 AM
To: Mizou - Hotmail Account
Subject: RE: Request for COMEX information disclosure.

Thank you for contacting me. As you know, the CFTC releases a Commitment of Traders Report (COT) which is available to the public. It can be found on the CFTC.GOV website. Requests for more specific trader or data information are more appropriately answered by the Acting Chairman and his staff.

Bart Chilton, Commissioner
Commodity Futures Trading Commission
Three Lafayette Centre 1155 21st Street, NW
Washington, DC 20581
Telephone: (202) 418-5060
Fax: (202) 418-5620
cftc.gov

[FedFixNix]

Originally Posted by Gino

So what happens when these contracts to sell silver come due and buyers are saying "Give me my $13 silver" when the price is up at $17.50?

What option do the banks have, given the shakey state of their balance sheets? They have to print more silver, i.e. flood the futures market with more cheap contracts, to keep the price suppressed otherwise they will go broke.

This is JP Morgan, if they implode the whole financial edifice will come crashing down and no one can allow that to happen. That would be a global disaster. So, the regulators will continue to allow them to sell contracts for supplying gold and silver they don't have. With no motivation for regulators to stop banks selling supply contracts for things they don't have, it is clearly apparent that there is no integrity in the Gold and Silver futures markets.

That should not be a surprise any longer and is self evident from the fact that official prices have been dropping like a stone, right in the face of a supply shortage and rationing of investor material.

The irony of it is that this very same loss of integrity in the paper (derivative)markets is what is driving investor demand for quality physical assets ilke gold and silver bullion.

How long they can float on a sea of paper is anyone's guess. For the concerned population of suffering citizenry, however, the relevence of official prices for precious metals is diminishing every day.

The take home from all this for me is that when monopolistic powers like JP Morgan, Lehman, etc., are allowed to become too big to fail, they have already failed. They are unregulated and free to run their criminal enterprises at will because no one can stop them. Only the government could stop them, but it would require a step they are now unwilling to take - the nationalization of JP Morgan, and the entire central banking system. Since that won't happen, we will get the script that is written out for us by big banking. That includes a "controlled collapse" (in some cases) of most of the world's economies, and the replacement by a few, or eventually one, currency under the NWO.

The power to control money is the ultimate means of control of any society or culture, and our governments are now controlled my money-power.

The ultimate struggle for humanity is for the representative control over their governments, and that also means representative control over their money, markets and economies.

I think we have a long dark night of economic oppression closing in on us.

FedFixNix

____________________

My main suggestion would be to obtain the book, Web of Debt, by Ellen Brown. She has done more to "demystify" the subject of money more than anyone else I have read. Stephen Zarlenga's The Lost Science of Money had been my favorite until I recently finished Web of Debt. Both books have excellent road maps to get out of the disaster we have scripted for our nation, and the world. The important thing is to begin the needed discussions and debates.

The first two videos are very educational, and highly recommended. I will send free copies of these on disks to those who want them, or can't get them online on Utube or Google.

These are the best books and videos:

Simplest Video = Money as Debt (47 min) : http://video.google.com/videoplay?do...74362583451279

Comprehensive Video = MoneyMasters (3.5 hrs): http://video.google.com/videoplay?do...19560256183936

Best Book (By Far) = Web of Debt: http://webofdebt.wordpress.com/feedback/ (Publisher's website reviews and comments)

Amazon Reviews of Web of Debt:
http://www.amazon.com/review/product...View points=1

Another Best Book = The Lost Science of Money - The Mythology of Money – The Story of Power:
http://www.amazon.com/review/product...View points=1

Best History, Comprehensive = Carrol Quigley - Tragedy and Hope:
http://www.amazon.com/review/product...View points=1

Some good moments = Video: America: Freedom to Fascism :
http://www.amazon.com/review/product...View points=1

An excellent capsule summary of many very important books that bear on the coming economic collapse: "How the World Really Works"

http://www.amazon.com/review/product...View points=1

Here's a bonus: It's better for the facts and figures than anything else. Martenson really doesn't get the entire picture yet. However it is broken up into short 10 minute lessons. A good starter.

http://www.chrismartenson.com/crashcourse

[hiyosilver]

Originally Posted by FedFixNix

Here's a bonus: It's better for the facts and figures than anything else. Martenson really doesn't get the entire picture yet. However it is broken up into short 10 minute lessons. A good starter.

http://www.chrismartenson.com/crashcourse=1

Just to help out, I found this link unauthorized. I think this one works though.


http://www.chrismartenson.com/crashcourse

[cassowary]

Focus on the "Allianz Alliance" and the now Decades-Long Battle between SIL-ron - i.e. George Soros - and CDE.

Actually, recent developments are incredibly BULLISH, not bearish.

In early August, SIL-ron said outright at its conference call that it might soon be experiencing "liquidity problems."

A coupla days later, George Soros publically stated that "he no longer held a SIL-ron stake" which is code for his having gone temporarily short his own not-very-hidden asset.

And a coupla days after that, Mr. Soros makes what is basically a short-term bridge bailout investment in beleaguered Lehman.

Do I have to connect the dots???

A coupla days after that, gold and silver, which were showing signs of renewed strength, get hammered once again, with silver showing the brunt of the hammering.

On the VERY bright side, however, Lone Star takes out de facto Allianz Alliance member IKB and Commerzbank relieves Allianz Mother Ship itself of a decade-long headache by taking out Dresdner, which some of us still remember was Point Zero for world silver shorts decades back, probably providing the initial repackaging of the SIL-ron Gargantuan Promise-to-Pay.

This all means that the already fast accelerating closeout of the European or Allianz Alliance portion of world silver shorts is now reaching a literal end-game and will be OVER very soon.

It HAS to be over to save SIL-ron, with poor, pathetic - but soon to be far LESS poor and pathetic - CDE the major immediate beneficiary.

Wait and see!

And as always, love and kisses.