SD reader and insider ich1baN documents Thursday’s silver manipulative take-down (approximately 43,000 paper contracts) and the EU banking collapse in detail in this excellent video.
Ich1baN has picked up on a 4 week trend of silver and gold being manipulated downwards on dates of continuing claims releases.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
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Syria Shoots Down NATO-Member Turkey’s Military F-4 Jet
Just when the geopolitical tensions in the middle east appeared to be
abating, and Brent was on a gentle glideslope to whatever price will greenlight
the NEW QE now that fears of an Iran war have been very much silenced,
things change. Reuters reports
that Syria shot down a Turkish warplane on Friday, according to
Lebanon’s al-Manar television reported, “risking a new crisis between
Middle Eastern neighbours already at bitter odds over a 16-month-old revolt
against Syrian President Bashar al-Assad.” “Syrian security sources confirmed to
a Manar correspondent in Damascus that Syrian defence forces shot down the
Turkish fighter jet,” the Hezbollah-owned channel said.”
Here is the rub: Turkey is a NATO member, and by definition
the alliance will have to come to Turkey’s aid if requested. Syria, however is
not just any country as has been made quite clear over the past several months
of UN impotence: it is a critical staging ground for both Russia (which has a
very critical regional naval
base in the city of Tartus) and China, and according to the Jerusalem
Post, the three countries are in preparation to conduct the “largest ever”
war game. As such Syria, already gripped by fierce local fighting, where just
like in Egypt and Libya the presence of US-based flipflop on the ground can be
smelt from across the Atlantic, is merely a symbol. The real implication is how
far can little escalations push until finally the showdown begins, with NATO on
one side and Russia and China on the other?
This story sounds like a false-flag operation, with a direct historical echo of the Gulf of Tonkin incident (a total fabrication). I’d suggest to all to be hyper-skeptical. Upon further research odds are high it will be discovered that regardless of what happened, Syria had nothing to do with it.
That is an interesting idea. If the public can be mislead to think that silver is industrial then it would stand to reason that silver would be lumped with copper, zinc, steel and lead. What use would it be to stack lead and zinc or silver? A good method of deception if it can be pulled off.
Ich1BaN’s analysis of the banking leverage, debt to GDP and potential affect on our banks provides incontrovertible evidence that the house of cards will crash down. Expect trillions of bailout funds to be thrown on the problem before the end game is executed There is only one voice to listen to is Germany and Merkel Ich1baN sounds like Tekoa DaSilva.
ich1baN,
Nice work. Keep it up.
The leverage of 13 for the US isn’t correct. I haven’t read the research report so I can’t be 100% certain on what Phoenix Capital is doing. But I would guess that they are taking industry data that simply passes through the data the banks are providing — INCLUDING the mark-to-make-believe pricing of mortgage backed securities. That garbage priced artificially high elevates the capital of the holding banks, thus reducing the leverage ratios. In addition, be on the lookout for stats that might include the whole industry vs. the top 20 banks. The former are much less levered and will pull the average down.
My best guess is that the US banking system is running at 25 or more, not 13. A great deal of the leverage exposure is also hidden in London.
Hi Flying Wombat,
ich1baN Good one.
Whatever happened to the recent lawsuit(s) that had been filed against JPM and HSBC for silver price manipulation (suppression)? It was reported that HSBC was subsequently dropped as a defendant, but there have been no updates as to JPM’s situation. It would be good for someone to research and report on this, as the media is obviously not going to report anything more about it.
Silver is the only asset in the world that’s got a 4-year long and still unresolved price manipulation investigation presently being conducted by the U.S. government regulators. Did not Bart Chilton say that the outcome would be forthcoming in a matter of 2 month’s time? So are they going to report something next month? Why do JPM and HSBC think it is so important to short silver (or all things)?
Plebian,
I forgot to say that the most credible theory is the one where the banksters are in collusion with the Fed to keep Silver and Gold suppressed in order to keep the USD alive that much longer.
Fine Video. The facts were well reproduced.
The Manipulators might try to push Silver as an industrial. Might work for a while, however when Barricks 200 Million dollar Silver Futures bet is torn up at the Pascua Lama Racetrack, and Silver Wheaton looses out on this toxic wager, The Manipulators paper shorts will be annihilated, and people will realize at that moment, that Siilver is a rare precious metal and the price of actual metal will skyrocket, completely in disregard of the Paper Silver Junk Certificates.
Hell, we all know they are Manipulating the Market but that;s to our advantage and the Banksters are trying to survive and it’s only temporary survival for them but in the long run we will be victorious. Keep Stacking
P.S. Informative Video.