Friday, August 29, 2014
Text Size

Search our Site or Google

Silver Manipulation the “worst in history” - Ted Butler

Articles & Blogs - Silver Commentary

User Rating: / 15

Silver production is falling globally. While I don't have the numbers to immediately back that up, this is a simple and obvious deduction. In 2007, the last year where FULL production information is available (and the last year before the current economic crisis started hammering silver production), silver output was up a paltry 4%.

Since then, base metals production has plummeted. With well over 2/3 of the silver produced in the world being a byproduct of other metals production, the combination of delayed or canceled projects, along with a HUGE drop in byproduct production guarantees that current silver production is falling.

For a commodity with numerous and ever-increasing industrial uses, with ever-increasing investment demand, and with global stockpiles having been almost completely depleted, this should be a silver-bull's fantasy. So why are prices not reflecting this extremely bullish supply/demand profile? In one word: manipulation.



While most sheep simply roll their eyes when they hear an accusation of “market manipulation”, the facts are 100% unequivocal. All we need do is turn to noted silver authority, and tireless researcher: Ted Butler.

In his most recent commentary, “The Smoking Gun, Part II”, Butler lays out the obvious (and heinous) facts. The Comex criminals (composed of a gang of four banks), now control at least 72.5% of the Comex “short” position. To provide some context, this is more than five times as large a concentration, as when the Hunt Brothers were accused of “cornering the market” in silver – on the long side.

The Hunt Brothers' main problem (a generation earlier) when they “cornered the market” was that they held too large a position to ever exit without causing a massive plunge in the silver price. If the Hunt Brothers were too big to exit, with a position less than 1/5th the size of today's Comex criminals, then obviously there is no way for these Manipulators to EVER exit their positions without ensuring their own annihilation.

And yet the “vigilant” U.S. regulators have (up until now) been unable to see “any sign of manipulation”. Once again, this goes beyond any minimal level of plausibility, and constitutes nothing more than the refusal of corrupt, U.S. regulators to do their job – as they have obviously been bought off many years before this by the same Comex criminals.

What does this mean for silver investors? Should you “throw in the towel”, close your positions, and concede defeat? Certainly not.

Even with ever more obvious criminal conduct to suppress the price of silver (along with the price of gold), this is a war that cannot possibly be won by the Manipulators.

As I've stated in a previous commentary, the under-pricing of anything leads to over-consumption. So, ask yourself this: what is the inevitable future for a commodity with falling production, depleted stockpiles, and ever-increasing demand?

The answer is obvious: the greatest “short-squeeze” in the history of markets (at least on a percentage basis).

At the recent PDAC conference in Toronto, a feature-speaker from Germany could not say enough about his enthusiasm for silver. German investors, in particular have a love of physical silver – as their own cultural form of economic protection from the current crises.

His only lament about silver was the global disappearance of silver coins and bars from retailers' inventories – as smart investors scoop up insanely cheap silver as fast as dealers can lay their hands on dwindling supplies.

The severe shortage of silver which is now a global phenomenon can ONLY lead to a spike in prices high enough to restore equilibrium. Every day that this manipulation continues, the ultimate “spike” to restore balance must be larger and more extreme.

Analysts today generally talk about a current equilibrium price of silver between $25 and $50/oz. Personally, I consider those numbers conservative, and fully expect to see silver prices reach three digits – at least on a temporary spike.

As cheap as silver is today, the silver miners, and especially the junior producers are cheaper still. My own portfolio holds several of these companies, and I haven't even toyed with the idea of dumping any of those shares – even during the worst of the crash last fall.

Do not miss out on the commodity-play of a lifetime. I'm definitely a “gold bug”, but whatever returns I can make in the gold sector, I'm certain there are even bigger gains awaiting in silver. Do not get frightened. Do not lose patience. Your “pot of silver” awaits at the end of this “rainbow”.

Comments (2)Add Comment
Jeff Nielson
written by Jeff Nielson, April 01, 2010
I think we need to try to set up an interview, with Mr. Butler. With the big "whistle-blower" news out, I'm sure he would have LOTS of interesting things to add, himself...
Bring the Gold
written by Bring the Gold, April 01, 2010
Nice piece. I definitely hope it ends up being accurate.

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.


Latest Commentary

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12

Latest Comments

Disclaimer: is not a registered investment advisor - Stock information is for educational purposes ONLY. Bullion Bulls Canada does not make "buy" or "sell" recommendations for any company. Rather, we seek to find and identify Canadian companies who we see as having good growth potential. It is up to individual investors to do their own "due diligence" or to consult with their financial advisor - to determine whether any particular company is a suitable investment for themselves.

Login Form

is benemid legal in uk ordering retino-a cream 0,025 online cephalexin cheap caverta buy online best ayurslim prices free or low cost bactroban amantadina 100 mg tabletas myambutol coupon code robaxin no prescription canada zantac online in us buy pariet canada how to buy hydrochlorothiazide generic name of cephalexin lotrisone ointment effects clomiphene citrate menstrual cycle buy deltasone from mexico online google image search iphone rumalaya pill shop discount code aceon online legally el viagra se puede comprar sin receta en buenos aires best price nizoral buspar anti anxiety medicine sarafem next day flagyl syrup pediatric dose trimox precio mexico online cialis super active india what does periactin treat active ingredient ventolin solution pediatric dose buy endep 40 us pharmacy online tramadol comprar lukol original genuine antivert 100mg best place to buy eulexin keflex pregnancy third trimester nizoral spain over counter nonprescriptionlavitra shipping lithium batteries overseas can you take viagra with heart medication cozaar comp tablets prednisone, retail, pharmacy support group trileptal patient reviews can buy viagra online australia flagyl drugs lynoral roche precio argentina what is a renal scan with lasix washout buy singulair 15mg online tegretol carbamazepine and alcohol united pharmacies co uk zopiclone 75mg tablets 970 nizagara online buy floxin paypal dramamine overnight lasix drug for sale pharmacy amlodipine maleate 5 mg buy nizoral online flomax prix en pharmacie en france cheap zovirax ointment lithium prices today accutane direct pharmacy order haldol without rx ivermectin horse wormer arava online forum generic name calan sr apa fungsi obat metronidazole is there a generic for luvox cr what is kamagra chewable for elavil 25mg tablet cdc gonorrhea treatment guidelines where can i buy indocin in canada how to get dutas drug health canada cleocin gel flomax on line for sale no script power slim acai berry pills reviews dipyridamole buy on line rosuvastatin order by phone pletal online sales cheapest malegra fxt moduretic maximum dosage buy proventil online overnight delivery comprar viagra sublingual original en madrid singulair tablets for kids vitamin shoppe coupon code 2013 omeprazole side effects constipation buy generic lamisil online drugs erythromycin ophthalmic ointment usp uses buy periactin next day viagra soft drug store online zyloprim australia price saw palmetto reviews hair elimite prix en pharmacie en france benicar hct user reviews best site get flagyl er pictures of crestor pills buying bactroban cafergot order online no prescription ordering cialis super active cheapest price 20mg pharmacy has best price lady era differences between viagra and cialis donde puedo comprar cytotec sin receta en monterrey buy accutane online with paypal common side effects of artane zithromax online without rx order brand advair diskus 120 mg buy amoxil perth australia generic brand for strattera men health viagra comprare cialis generico online forum simvastatin norvasc contraindications shatavari perth australia aldactone brand positioning online alli overnight delivery overnight proventil femara without ovidrel baclofen tablets bp 10mg buy retino-a cream 0,05 online pharmacy lopressor dose online pharmacy flovent inhaler where to buy zyprexa cheap buy acivir pills online amazon metformin 1000 mg clonidine discounted buy women viagra online zanaflex order online will there generic atacand fosamax paypal to buy aceon in uk cheap pills for abortion cost of myambutol best levitra prices pharmacy canadian abilify refills buy genuine xenical uk buy cheap doxycycline pills mail order live food ortho tri cyclen acne worse before better sinequan shortage nizoral with american express dutas looking for methotrexate dosage for ectopic pregnancy calculator ordering low dose tenormin brand levitra prices cvs what is the difference between synthroid and levothyroxine generico de tadalafila buy propecia online india benefits of evecare capsules giant eagle pharmacy augmentin amaryl prescription is retin available on line in canada zyban australia order prednisone overnight order diarex online uk buy proventil canada levothroid dosage forms buy glucotrol xl with paypal singulair online usa what is sinequan doxepin where to buy atrovent ointment what is lexapro generic for long term side effects of hyzaar generic minomycin us aciclovir buy mexico buy prescriptions drugs canada side effects of amitriptyline 10 mg yasmin pharmacy rx one scam tretinoin cream 0.1 buy uk buy atorlip-10 online with out prescription dutasteride vs propecia hair loss all types precose pills tadacip online coupon code buy amoxil 500 500mg buy pills alli weight loss suppliers of gasex in us where to buy tetracycline for fish generic cheap stromectol up buy colchicine 20mg tab cheap pills bentyl mg viagra 100mg x 60 pills all types tricor pills womens sex enhancement pills innopran xl uses medication buy tenormin visa atarax side effects in dogs aricept mail order india what types of dipyridamole are there bupron sr by mail cheapest micardis to buy how to get norvasc on line cheap alligator clips for hair bows arjuna cheap price buy nitrofurantoin online overnight lozol prescription only tulasi movie reviews worldwide pharmacy aceon precose supplier in uk what is azathioprine for tramadol and alcohol interaction generic pharmacy franchise price adalat 60 mg tablets buy generic amantadine with bonus buy finpecia tablets australia types of drugs wiki yagara for purchase terramycin price philippines florinef online pharmacy comprar decadron portugal suprax buy online ireland prazosin dose in scorpion sting top generic drug manufacturers india muscle relaxant tablets australia non prescription olanzapine is aleve better than advil for pain lasix usa sale browser stats south africa legal buy benzac online canada trazodone to buy from europe buy danazol 40 buy trimox perth australia the chepest tinidazole generic name for augmentin bupropion withdrawal period pills that act like viagra buy aciclovir low cheap price pariet drug in germany pharmacy buy trial erection packs 2 pills online epivir-hbv maximum dosage levitra on line no prescription online drug zyban low dose birth control nitroglycerin explosive synthesis buy rocaltrol next day generic indinavir in usa use wellbutrin coupon online prometh with codeine uk where to buy retin-a 0,05 in canada safely can you get high from snorting baclofen buy cardura hong kong wellbutrin dosage for smoking cessation betnovate rd ointment 0.025 differin generic reviews puedo comprar levitra sin receta dose flagyl dogs diarrhea erexin-v dosage instructions acheter pas cher grifulvin v propranolol 80 mg sr capsules singulair 4 mg onde comprar how to get viagra samples what is entocort ec what class of drugs is accutane organic pharmacy facial order meclizine nitroglycerin shortage can snorting etodolac get you high actonel dosage recommended combivent dose counter non generic danazol where to buy ventolin with mastercard zantac 75 coupons printable zoloft mg india alternative uses cialis nitrofurantoin mono mac buy online cheapest cities to live in california generic robaxin usa nitroglycerin australia buy blopress in usa azithromycin dosage for children with strep throat search twitter history cost of cozaar 25 mg generic xenical us coversyl 2mg doctissimo where purchase omnicef cymbalta indications in canada fincar pharmacy coupons buy yagara capsules buy rumalaya liniment online cheap why is there a shortage of accutane hytrin echeck costco lithium batteries mail-order zetia allegra maximum dosage diovan generic mexico prednisone dose for bells palsy treatment avodart 100mg tablet doxycycline legal in england alli weight loss pills at walmart comprar roacutan eua buy generic cialis india rx nolva, no prescription canada drug pharmacy tadalafil online pharmacy no prescription needed tofranil no prescription buy levothroid clomid tablets 150 mg cheap abilify 25 mg indian female cialis purim from usa overnight viagra professional use tenormin coupon online buy metoclopramide syrup clomid pharmacy order generic from levitra super active is it safe for a teenager to use viagra zithromax side effects fatigue viagra vipps pharmacy aleve no rx lithium er 300 mg tablet how much will levitra professional cost buy nizagara 100mg order fluoxetine 40 mg ditropan generic form how often can you get decadron shot cheap online viagra alesse generic side effects order strattera on line usa decadron compatibility silagra medication order diltiazem cream buy online clomid multiple births seroquel pills sleeping pills why can;t i buy motrin buy generic geriforte online low albendazole infection drug compazine suppository price is there a generic version of premarin pharmacies abilify discount side effects of taking dutasteride no prescription cymbalta sale maxaman ingredients to buy haldol in uk acheter abonnement xbox live 12 mois pas cher buy avodart no prescription erythromycin without insurance aldactone cheap australia pharmacy viagra soft drugstore levitra cialis viagra price comparison can you buy lopressor mg delivery what is the difference between proscar and finasteride procardia medication where to buy aristocort brand positioning tetracycline acne treatment how aldactone 100mg side effects order rogaine 5 100 mg abilify revatio brand positioning pandanus amaryllifolius seeds for sale what does keflex have in it tadacip australia price best canadian meds store flonase reviews allergies cialis super active pills buy online cheap silagra sale uk desyrel online ordering cheap prescription drugs no insurance buying trandate online amantadine common cold estrace overnight pharmacy cheap cialis 5 mg prices albuterol inhaler generic version buy macrodantin no prescription casodex reviews for men maxaman phone orders esomeprazole omeprazole accutane prescriptions order neurontin pill betnovate equivalent in usa picture of furosemide 20 mg tablet avalide dosage and administration citolpram for sale what is the female equivalent of viagra where is calangute beach in goa celebrex 100mg side effects cipro discounted diclofenac combination where can i get zyvox artane tablets prednisolone no prescription overnight delivery abilify without online pharmacy where can i order brand levitra buy zovirax in india online tadapox free shipping pletal brands india kytril medication where to buy duphalac side effects during pregnancy shuddha guggulu mg tablet sarafem online price best fml forte prices vytorin usa zyvox barato zovirax ointment 5g methotrexate monitoring guidelines psoriasis levothroid tablets online viagra non prescription australia antivert shoppers drug mart online sale of vasotec generic micronase z pack dosage for sinus infection suprax legal in england ampicillin drug in canada pharmacy best site for fluoxetine pharmacy drugs online prazosin tablets on line to buy viagra online prescription uk canadian canadascripts pfizer and viagra patent generic nizagara buy canada olanzapine cost price discount canadian pharmacy cozaar cost of maxalt mlt 10 mg buy lexapro 20 mg online ventolin hfa vs proventil hfa is cabgolin a prescription drug best site to buy avapro can you buy drug order benicar costco pharmacy haridra price isoniazid tablets uk cost of lariam malarone ortho tri cyclen fast india elocon ointment 0.1 no prescription current price finpecia levitra plus weight gain buy bactroban bulk promethazine usa where is cymbalta absorbed phenergan syrup dose in children buy indocin paypal accepted how to take diclofenac potassium best place buy calcium carbonate pct lipothin from usa ashwagandha sale the online drugstore abana difference between prescription orlistat alli mail order generic emsam cheap finasteride mylan valacyclovir 5 mg ultra low dose dilantin methotrexate tablets reviews on innopran xl cheap liposafe buy online minipress brand positioning buy flonase fast shipping what is propranolol hydrochloride used for order arjuna canada evista maximum dosage blopress tablets online what does valtrex buy brand zyvox buy roxithromycin australia get penegra las vegas buy celebrex generic online buy methotrexate without a script what is lotensin for is there anything natural that works like viagra where to buy 5 mg apo prednisone best site to buy ciplox grifulvin v from usa pharmacy order antabuse medication budesonide generic entocort finasteride side effects anxiety chloromycetin australia pharmacy aleve refill pack rumalaya forte prescription coupon cialis prices at walmart best online pharmacy generic celexa prazosin prix en pharmacie en france clozaril 40 mg pharmacy can you take nexium daily cialis 50 mg tadalafil 1000 career games football discount code for sinequan manor pharmacy east leake cheap generic ranitidine yasmin cheap uk pharmacy clomid discount card beconase aq generic reviews indocin uk buy order terramycin from best price aciclovir lipitor average daily dose generic name for ventolin in australia home content insurance cheapest place to buy acticin amoxicillin chest infection children biaxin discount voucher lithium carbonate 150 mg capsules buy cialis jelly australia mexican viagra jelly diamox in italia ciprofloxacina posologia cistite is mail order amoxil safe kroger pharmacy auto refill cozaar from usa mexican pharmacies drugs viagra online accutane side effects health canada furosemide 500mg without prescription reglan oral pediatric dose order aciphex cheap o remedio sertralina engorda acquisto levothroid sicuro online cheap naprosyn 100 mg prescription cheap finpecia unisom pills side effects florinef generic for ordering low dose ampicillin 25 mg promethazine pills street value purchase retin a 0 025 online how can i tell if my synthroid dose is too low viagra buy online canada costco pharmacy geriforte syrup price flex benefit accounts cialis can bupropion cause weight gain coversyl medication compra cialis paypal how to buy alli in canada albendazole over the counter at walgreens buy glucotrol xl without a script dapoxetine prices usa elimite precio mexico plavix 75mg price in usa diamox suppositories buy desyrel lawsuit where can i buy anacin buy bactroban pills estrace cream generic brand buying femara using paypal azathioprine and 6-mercaptopurine for maintenance of remission in ulcerative colitis baclofen medicine used ways of increasing metabolism buy vpxl online no prescription uk roxithromycin cefixime with american express antibiotics for uti in men generic name for metformin hydrochloride prednisolone pregnancy safety buy prevacid without prescription where to buy pariet ointment generic nimotop safe risperdal reviews autism what does allegra d do is it safe to order micardis what is promethazine with codeine cough syrup used for side effects of neurontin 100mg exelon cost in canada bystolic interaction other drugs protonix iv infiltration order nolvadex 20mg yasmin online sticky content drupal what percentage of illegal drugs come from mexico fda canada supplements genuine cordarone 100mg valacyclovir pregnancy side effects buy claritin online acquisto forzest sicuro online can i get high off bentyl cheap aciphex us generic entocort mylan cialis tadacip tadalafil nitrofurantoin 100mg capsules side effects generic parlodel safe best place to buy prazosin 875 mg amoxicillin twice a day for strep throat can order ralista canada can you buy speman over the counter in germany buying eulexin using paypal hair loss pills propecia side effects buying cefadroxil in manchester xenical 120mg reviews web prescriptions assistance foundation advair dosage for adults cost bactroban walmart buying nimotop propecia for women's claritin canada prescription micardis overseas no rx silagra online z pack antibiotics and birth control adalat retard generic name mircette tablets uses zovirax in the uk non prescription avodart pharmacy purchase tetracycline 500 mg neocell fish collagen with hyaluronic acid reviews paxil ordering no prescription hoodia on line for sale no script minoxidil 12.5 review buy zyprexa with where to buy lithium carbonate aceon pas cher xalatan medication zyvox supplier in uk female cialis effects biaxin india allopurinol tablets in india prescription drugs without a prescription with paypal buy bactroban online overnight buy acivir pills online overnight non prescription canadian drugs pharmacies in actoplus met otc alli diet pill ordering plendil himplasia with no rx side effects of metformin hcl er 500 mg tablets best place to buy femcare