Showing posts with label Conspiracy Theories. Show all posts
Showing posts with label Conspiracy Theories. Show all posts

Monday, August 8, 2011

The Execution of SEAL Team Six

by: Ann Barnhardt


You're damn right I said it.  

On May 5th I had an email conversation with a retired military man with spook contacts. All were in total agreement that the Bin Laden episode was pure theater. The SEALS were sent into a compound as evidenced by the lost chopper on site. But Osama Bin Laden wasn't in that compound. Osama Bin Laden has been dead for years. Bin Laden had a genetic condition that caused renal failure (this genetic condition is common among deeply inbred Saudi arab muslims). Bin Laden had been on dialysis BEFORE 9/11. Dialysis is difficult enough for people in first world countries who can have it done in outstanding facilities. Bin Laden was having it done either in caves or in homes post 9/11. People in renal failure having dialysis done in fricking caves do NOT live for ten more years. Period. There was no dialysis equipment found in the compound the SEALS raided on May 2. Of course there wasn't. Bin Laden wasn't in that compound because Bin Laden has been dead for years.

 
This is why the "body" was declared "positively identified" faster than any known DNA testing process in existence - and this DNA testing was carried out not in a lab mind you, but inside Chinook and/or V-22 Osprey helos en route to the USS Carl Vinson. The body was then dumped into the Indian Ocean in a mad dash to ensure that "burial" took place within 24 hours of death in order to "honor" musloid burial traditions. Not a single picture of the so-called "Bin Laden corpse" has ever been released - and never will.
The entire Bin Laden episode was stagecraft. It was pure theater that was designed to give Obama a boost in the polls and give distraction and cover. Distract from what? Cover from what?
 
April 20, 2011: The release date of Dr. Jerome Corsi's book, "Where's the Birth Certificate" is announced as May 17, and pre-sales begin on Amazon.com. Corsi's work is known to be extremely thorough and meticulous. Within hours, Corsi's book is #1 on Amazon.com - fully 28 days before its release. The Obama regime is panicked.
 
April 27, 2011: In order to diffuse and undercut the Corsi book, the Obama regime releases a PDF image purported to be a scan of his original long-form Hawaiian birth certificate. Within hours, thousands of graphic designers, many of whom are self-professed Obama voters and supporters, isolate and demonstrate with dozens of objective proof sets that the PDF released by the Obama regime is not just a forgery, but an astoundingly incompetent and obvious forgery.
 
April 27 through May 2: The Obama regime is now in a blind panic. Deeming it too risky, instead of commissioning the forged birth certificate from document and photo illustration experts within the CIA or NSA, the Obama regime instead farmed the project off on someone inside the White House with a functional but middling knowledge of photo illustration programs. To the thoroughly inexpert eyes of Barack Obama, Michelle Obama and Valerie Jarrett, the forged certificate file appeared extremely convincing, and was thus released with fanfare. Within hours, they knew that they had not only made a mistake, but a massive mistake that could land them all in prison. The forger was so incompetent that he/she didn’t even flatten the image thus compressing and masking the component layers before posting it. And that was just the tip of the iceberg of glaring flaws and errors. The mainstream press was, so far, completely complicit in the cover-up of the forgery, but Rathergate proved that if the forgery debunking generated any mainstream traction whatsoever, the end could come swiftly. The Obama regime needed a big distraction and they needed it fast. They had been planning on holding the staged Bin Laden capture and killing until 2012 – for the thick of the campaign, and perhaps as an “October Surprise”, but it would have to be moved up to now.
 
May 2, 2011: The Bin Laden operation occurs. In all likelihood, a low-to-mid level Taliban or insurgent leader is killed.
 
May 3, 2011: Within hours, Vice President Joe Biden destroys any notions of OPSEC and bellows to the entire world in public remarks at a dinner at the Ritz Carlton that the Bin Laden raid was carried out by “the SEALS”. Within hours Obama regime had gleefully leaked that the raid was carried out by “SEAL Team 6”, also known as DEVGRU. Up until this point in history, all DEVGRU activities and information had been highly classified. Now the term “SEAL Team 6” was blasted across every newspaper in the world, with Disney even moving to trademark the name. The Obama regime wanted the ENTIRE WORLD to know the name “SEAL Team 6”.
 
May 5, 2011: As I said earlier, I conversed with retired military contact with spook contacts regarding the obvious theatrics of the Bin Laden episode and the need for a cover-up by the Obama regime. The conversation ended with the following exchange:
 
Ann: I’m on the US Military casualty email list. It would be NO PROBLEM to “hide” casualties. It’s a steady stream out of Afghanistan.
 
Contact: look for training accidents in the eastern mountains.
 
May 6, 2011: Obama travels to Ft. Campbell, KY to openly “meet and congratulate” SEAL Team 6 members. This receives huge press coverage, and the press declares the incident “a huge boost [for Obama] going into 2012.” Video citation here:




August 6, 2011: A Chinook helo is shot down in Tangi, Wardak Province, Afghanistan. Within hours, before family notifications could possibly have been completed, global press accounts positively confirm that 22 of the 30 Americans killed were not just SEALS, but members of SEAL Team 6. Again, DEVGRU operations have been, up until now, highly classified. Today, the Obama regime made a point of immediately revealing the unit identities of the SPECOPS forces among the dead.

In the past, DEVGRU men and other SPECOPS men have been killed in action, but their missions were so secret and so crucial to OPSEC that their deaths were covered-up by the government and attributed to such things as “training accidents” and the like – and I have no problem with that. These men understand going in to intense units such as DEVGRU that OPSEC is paramount, that they will never be publicly acknowledged for their heroism, and that if they are killed or captured in action, the government will lie about that in order to protect OPSEC and to prevent the enemy from gaining a propaganda and morale coup. Compare that reality with what happened today. The Obama regime distributed this information, and the Obama regime’s lapdog press instantly splashed headlines declaring this as the Taliban’s “REVENGE” for the “death of Bin Laden.” As I write this now, the Drudge Report headline in bright red reads, “REVENGE: SEALS WHO GOT OSAMA KILLED IN AFGHANISTAN.”
 
I’ll say what everyone else is thinking but is too scared to say. The Obama regime is almost certainly directly complicit in these deaths. The time, location and most especially, the PASSENGERS in the Chinook were passed to the Taliban. Additionally, you can’t take out a Chinook with small arms fire or even standard RPGs such as the Taliban use. The Taliban needed serious weaponry to take this helo down, and that serious weaponry needed to be in exactly the right spot at exactly the right time, ready to fire.
 
Why would the Obama regime kill Americans?
 
I think the question is, why WOULDN’T the Obama regime kill Americans?
 
The Obama regime is composed of Marxist-Leninist psychopaths. A glancing, superficial survey of 20th century history shows one glaring fact above all others: MARXISTS MURDER PEOPLE WITHOUT COMPUNCTION. Marxists also hate Americans, by definition. Three tacks:
 
1. The men on board the Chinook may have been some of the same men who participated or had direct knowledge of the staged Bin Laden raid and were killed to permanently silence them.
 
2. These DEVGRU men were killed to send a signal to the surviving DEVGRU men who carried out the Bin Laden raid to keep their mouths shut.
 
3. Certainly, the release of the unit identity of the dead within hours – before even family notification could have been made (which requires an IN PERSON visit to the family, remember) was an obvious bow to Al Qaeda, the Taliban and the entire muslim world. This event was INSTANTLY propagandized by the Obama media as “revenge” exacted for Bin Laden’s death. And remember, Bin Laden has been dead for many years. The raid of May 2 was pure stagecraft to distract the world from the release of the forged Obama birth certificate.
 
I am not a conspiracy theorist. I can’t stand Alex Jones or any 9/11 truther. I have turned down dozens of interviews with such types. In fact, I am a huge believer in the Lex Parsimoniae, which is sometimes called “Occam’s Razor”, which states that the simplest explanation is most likely the correct one. I teach this as part of my job, namely that the cattle markets are neither manipulated nor impossible to operate within at a profit. The reality is that the cattle industry participants do not make money because they are functionally incompetent. It is very, very simple. True conspiracies are very rare.
 
This entire Obama situation is a conspiracy, and I say that without the slightest hesitation. Obama is not a citizen of the United States, he is a puppet front for a cabal of Marxist-Leninsts including Soros, Ayers, Dohrn, Strong, Jarrett and many, many others. These people are enemies of the United States. These people are deeply psychologically damaged, and are capable of ordering people murdered in order to protect themselves and increase their own power. The three dead homosexual black men from Trinity United Church of Christ, Young, Bland and Spencer, all of whom were sexually linked to Barack Obama, were probably the first people specifically murdered by the Obama regime. The hundreds of Mexicans and the two American agents Terry and Zapata were murdered by Operation Fast and Furious in order to advance and increase the power of the Obama regime. These SEALS and the others on board that Chinook today were almost certainly betrayed and murdered by the Obama regime.
 
Why did the Obama regime immediately reveal the unit identity of the SPECOPS forces involved in the first place, despite the fact that DEVGRU was highly classified? Why was the personnel composition of the Chinook released IMMEDIATELY today after the helo went down – before even family notifications could be made? WHY? Why would you hand your enemy, Al Qaeda and the Taliban, a massive propaganda coup? WHY?
 
I’ll tell you why. Because the Obama regime IS THE ENEMY. They are Marxist tyrants who hold the lives of Americans not just cheap, but in scathing contempt. They will say anything, they will do anything, and they will murder ANYONE in order to protect themselves and consolidate and increase their power. Please, I beg you, for the love of God and all that is good in this world, read the history of the Soviet Union. Read about Lenin and Stalin and how they murdered people without any hesitation. Read about how Hitler was constantly ordering the murder of his own officers. Read about Communist China. Read about Mao and the millions upon tens of millions of murders he ordered. Read about the killing fields of the Communist Khmer Rouge in Cambodia led by Pol Pot. PLEASE. Marxists MURDER PEOPLE. That is what they do. The Obama regime is MARXIST to the bone. If the Obama regime is not stopped, the 30 Americans murdered today in Afghanistan will be just the beginning. I promise you that.
 
Here, again, is the clip of Larry Grathwohl, who infiltrated the Weather Underground Marxist terrorist organization in the 1970s. The Weather Underground was founded by Obama’s political godfather, communist mentor (along with Frank Marshall Davis), murderer, and ghostwriter of “Dreams From My Father”, Bill Ayers and his wife Bernardine Dohrn. In this interview, taped in 1980 while Obama was still just an unknown undergrad foreign scholarship student at Occidental College, Grathwohl describes the leadership of the Weather Underground (which is Ayers and Dohrn) discussing what will be done with the “unreformable, diehard capitalists” once they have overthrown the government of the United States. The answer is extermination in camps in the Southwest. The estimated total that would need to be killed? 25 million, which was 10% of the population at the time. Ayers & Dohrn already have overthrown the government of the United States via their puppet protégé, Barack Obama. They have guaranteed that the economy will collapse. The only thing left for them to do is suspend the Constitution and open the camps. I’ll see you there.

Wednesday, May 4, 2011

Sorry, But I Don’t Believe This

by: Gonzalo Lira

When the Bolivian Army killed Che Guevara in October 1967, they displayed his body as proof that he was indeed dead. The Bolivians in fact staged the body so that ordinary people—and the world’s journalists—could get a good view of the corpse, up close and personal.

Ernesto “Che” Guevara’s body on display,
October 1967.

The attached photograph, grisly though it may be, is one of hundreds taken of Che’s body. It—along with the pictures and testimony of hundreds of journalists and ordinary people who saw his corpse—puts to rest any notion that Guevara somehow survived—which of course was the whole point: The Bolivian Army wanted there to be no doubts that El Che was really dead.

My readers know I don’t truck in conspiracy theories. I believe Elvis is dead, I believe Paul never died, I believe 9/11 was a terrorist incident, and I believe Neil Armstrong did in fact land on the moon.

But I don’t believe Osama Bin Laden was killed over the weekend.

The story goes this morning that Bin Laden was tracked down to a multi-storey compound in the middle of the Pakistani hinterlands, where he was shot twice in the head by American Special Forces. These soldiers then took his body, and buried it at sea.

That’s the story. But I don’t buy it.

Just to be clear, I do not believe Bin Laden is still alive. I believe what a lot of intelligence analysts have been privately saying for a long time now: That Bin Laden died of kidney failure in December 2001, and that he was buried by his followers in an unmarked grave in the mountains between Afghanistan and Pakistan.

After all, it was a known fact that Bin Laden had severe kidney problems. People who spoke with him in 2000 and 2001 said how sick he looked, and described symptoms that matched kidney failure. From these accounts, the international intelligence community was pretty much in agreement that he had some sort of severe kidney problems. Without dialysis or a kidney transplant—neither which would have been available to him in the aftermath of 9/11—he wouldn’t have much chance of long term survival.

From 2002 onward, there hasn’t been a single undisputed Bin Laden sighting—even though he was supposed to be the most hunted man on earth. Furthermore, in Bin Laden’s videotaped rants that were periodically released, he never referred to current events. The only times he did refer to current events was on some of the 30 audio tapes he allegedly released over the last ten years—“allegedly” because many of these audio tapes are in dispute, as to whether they actually were made by Bin Laden or not.

Moreover—and most tellingly—the American military’s efforts to capture Bin Laden “dead or alive” in W.’s ridiculous phrase dropped to almost nothing after 2003. Many people from both the Left and the Right wondered at this dismissal of Bin Laden as a viable threat by the defense and intelligence communities—his dismissal even as someone to worry about, or even take seriously.

Bizarre: That the mastermind of the most egregious terrorist attack in U.S. history—the worst mass killing of American citizens on U.S. soil since the Civil War, as I understand it—was treated so la-di-da by the American defense and intelligence communities.

Yet after 2003, for the next eight years, the American military offered up a mere token effort to find him “dead or alive”. An attitude that makes absolutely no sense at all—

—unless you already know that the man is dead, and that his body will likely never be found.

This was my impression: The American defense and intelligence agencies knew he was dead, and knew they would never likely find his body. In fact a couple of intelligence types I know privately confirmed this line of thinking.

But then this morning, I wake up to hear about Osama Bin Laden’s death.

He was killed not in some cave, as he was famous for inhabiting, but rather in a multi-storey compound in the Pakistani countryside—a compound that stuck out like a sore thumb—a compound not one kilometer away from a Pakistani military base.

Some U.S. Special Forces stormed the compound, and shot Osama Bin Laden dead.

This man was the most feared and terrible terrorist in U.S. history—and rather than make every effort to capture him alive, and thereby bring him to justice for the whole world to see, Bin Laden was shot in the head. Twice—as if for good measure.

Then, supposedly following Islamic tradition that the dead must be buried within 24 hours, Osama Bin Laden was given a hurry-up burial at sea—which explicitly goes against Islamic tradition.

Other Muslims killed by the Americans and their allies were not buried immediately. For instance, the sons of Saddam Hussein. Their corpses were held for a while, in order to confirm that they were indeed the intended targets.

But Osama Bin Laden? Killed and buried at sea in record time—even though there hadn’t been a confirmed sighting of him in something like eleven years.

Pictures of Bin Laden’s corpse? None. Nor have there been any pictures of this “burial at sea”. There’ve been plenty of video of where Bin Laden was killed—but none (so far) of the actual corpse.

In fact aside from the word of the American defense and intelligence establishment, there hasn’t been a shred of evidence that they did in fact kill him.

All we have is the official word of the American defense and intelligence establishments.

Mm-hmm. Because they’ve always been so trustworthy.

Malcolm Gladwell wrote a very interesting book called Blink. In it, he explained how experts often get a first-look reaction to something, a knee-jerk reaction that often as not turns out to be true. He gives as an example an art expert who took one look at a celebrated painting that was about to be sold—and declared it a hoax on the spot. The seller, buyer and art gallery handling the sale all said that the expert was wrong, that the painting was the real deal—until sophisticated authentication techniques revealed that in fact it was a forgery.

The second I heard about Osama Bin Laden’s death, my reaction was that it was bullshit.

The whole story smells: Where he was supposedly located; how he was shot twice in the head, rather than captured; how he was buried at sea; how there’s (so far) no picture of his corpse.

The American military might claim that they held on to bits of DNA samples of the corpse they say is Osama Bin Laden’s. They might claim that this is proof positive that he is dead. But as far as I’m concerned—and I’m a non-conspiracy, fairly skeptical sort—I’ll never believe them. A lab report is not the same as an actual corpse.

To insist: I do not for a second doubt that he is indeed dead. I just don’t believe that he was killed this past weekend. I believe that he died quite some time ago—years ago, in fact.

In my mind, whoever was killed this weekend was not Osama Bin Laden.

I am way outside the mainstream on this. The mainstream consensus this morning is that this was a “great victory”. President Obama gave what amounted to a “Mission Accomplished” speech. People were celebrating outside the White House and on Times Square as if it were V-E Day. (As an aside, I do have to point out how ugly it is to celebrate the killing of another human being. Because that is what we saw in New York and Washington: People cheering in the streets, celebrating a murder. It’s not only ugly, indeed, it is repulsive.)

But I don’t really see how this assassination is a “victory”. President Obama claims “Justice has been done”—but that’s simply not true.

Justice would have been served if he had been captured, flown to New York, and tried in a (civilian) court for the events of 9/11.

Extra-judicial assassination is not “justice”—it’s merely revenge, something that Christianity, the dominant morality of the United States, specifically rejects. Don’t believe me? Read Matthew 5:38, or more apropos, Luke 6:27.

Someone might argue that, if what I think is true—that Bin Laden died years ago, and this is some big old hoax—then what would be the point of this hoax?

I have no idea. One can only speculate—and any such speculation will be pointless and endless, not to mention endlessly boring.

Perhaps—what with all this talk of “victory”—it might be that this was staged in order to give an excuse for rapid withdrawal not only from Afghanistan, but from Iraq as well. Perhaps this charade is an excuse to declare “victory” and thereby end the endless Global War On Terror. After all, as I’ve been writing on this blog ad nauseam, the United States is going literally bankrupt—and a lot of the reason is because of its unsustainable military spending. Bin Laden’s “death” might give the perfect excuse for a sudden, rapid draw-down, in particular as the United States’ fiscal budget is about to tip over into insolvency.

But this is idle speculation on my part—buttressed by nothing but air.

The sad thing is, we’ll probably never know the truth—which is a pity. Had Bin Laden been shown to the world’s press—just like the Bolivian Army did with Che Guevara—there would be no doubts. Because when the Bolivian Army showed off Che Guevara‘s corpse, there were international cries of outrage at the “brutality” of parading his corpse around for all to see.

But not even that perennial fantasist Fidel Castro could deny the truth that El Che was indeed dead.

With Osama Bin Laden? We’ll never be really sure.

Tuesday, April 26, 2011

Short Sellers Now Screaming About a Buy Side Silver Conspiracy

article by: Avery Goodman

It was only a matter of time. Now the talk of silver price conspiracies has shifted from long buyers to those on the other side of the fence. On April 21st, the historically anti-precious metals editorial staff of the London Financial Times ran an article titled "Silver Surge Prompts Conspiracy Theorists". Meanwhile, order was reestablished among the short side conspirators once the COMEX trading floor opened on Monday morning.

After silver prices had temporarily risen to over $49 per ounce during Asian trading, they were beaten down again to about $47 in a flood of newly opened short positions. From this return to discipline within the bullion bank ranks, we can assume that the Federal Reserve probably will temporarily halt QE-2 at the end of June or before.

At the close of business on Tuesday, April 26, 2011, the COMEX performance bond committee will, yet again, significantly raise silver margin requirements. We believe that this is an attempt to suppress prices and delay the inevitable reckoning. With the end of QE-2, short-sellers hope the exponential rise in the price of silver will also end. But, in our view, artificial price attacks in the futures markets are unlikely to help short sellers in the long run. The nexus of price appreciation is NOT at COMEX, but in the physical market. Physical silver buyers pay cash, and it doesn't matter to them how high or low COMEX committees set performance bonds.

If the performance bond committee is successful, they will manage to reduce the so-called "spot" price. In practical terms, however, the only thing they will have accomplished is to cause a few speculators to lose money while helping well-financed market vigilantes to buy more bars of physical silver for the same money. The bankers will then need to deliver even more physical silver than they would if the committee had done nothing. These futile attempts to fight back illustrate that a market manipulation cannot be effective in a market that is well aware of it.

The massive losses that short sellers have been taken has naturally led to some new urban myths. Some now claim that "evil" long side billionaires are out to "ruin" the market. Yet, even the Financial Times article points out the ridiculously paranoid nature of this theory. The author notes that silver prices were rising even as speculative positions at COMEX were reduced by 8.4%. This illustrates that the COMEX is now just a sideshow. A lot of people are simply buying physical silver.

The silver buyers do include some billionaires, undoubtedly, but most of them are simply folks who watched Jeffrey Christian's testimony at the well publicized CFTC position limits hearing back on March 25, 2010, and came away with the distinct impression that a small group of London banks have been creating alchemic silver. The banks were ostensibly "selling" and then "storing" so-called "unallocated silver bars" for silver investors. In reality, they seem to have been maintaining a fractional banking system in which only one physical ounce is really purchased for every 100 ounces they supposedly sell.

Let's go over that again...because once you understand the particulars, the reaction of the price of silver becomes perfectly understandable. 1) Bank sells silver, a very precious item, for big money; 2) Bank doesn't buy the silver it sells, or, if it does buy it, leases out or sells 99 ounces for every 1 ounce in the vault; 3) Bank gets paid "storage fees" from all its customers, even though their silver is not in the vault; 4) Bank profits are equal to 99 times what it sells initially, and then, the value of the stream of storage fees after that. Nice work if you can get it.

But, then there's the downside. 1) The market might discover your scam and you'll need to deal with investigations; 2) Leverage so high that, if discovered, it is a recipe for disaster; 3) Courts may deem the arrangement a fraud, in spite of disclaimers that say otherwise, and whereby customers waive liability for fraud; 4) the market will inevitably punish you severely with heavy losses after discovery of the scam. For more information on "unallocated storage" in London, see our previous article.

Had the worldwide silver scam remained a secret, suppression of precious metals prices might have gone on forever. But the genie is now out of the bottle and mortal men, not even those who run casino-banks, cannot hope to put him back in. Once it became clear that the bullion banks were leveraged 100 to 1 in a silver based fractional banking scheme, it was only a matter of time before the market clobbered them. That is what is happening.

People have only begun to scratch the surface of the precious metals markets, and few fully understand how undervalued all of them are. Silver has always been worth far more than it had been selling for in the last 30 years. People are starting to see not only this, but also how that corrupt pricing situation came to pass. The whole world now understands that the silver trade has been carried out in a deceitful manner for many years. So, naturally, many people are starting to buy physical silver again, just as they did for 10,000 years before COMEX began trading it. Those people happen to include, in all likelihood, a few billionaires, a few sovereign wealth funds, and a few Asian bankers. Many are politely refusing offers of "unallocated" bullion bank "storage".

The silver market is not rising because of a conspiracy. If so, it would be the most disorganized conspiracy that has ever existed. On the contrary. What we are seeing is the massive unwinding of a silver price control conspiracy that many of us predicted, in public or private for many years. The biggest scam in world history is ending. Sellers are now desperately trying to find metal. A lot of banks that were supposed to be storing silver are really storing air. Converting large amounts of air to large amounts of silver is difficult and bound to be costly. The process, once completed, will permanently increase the price of silver.

Intense upward pressure on silver prices is evident because physical silver is being purchased as never before. It is not stemming from trading on COMEX. In fact, deliveries at COMEX have been relatively small for several months. The process that is now ongoing is one that no performance bond committee can stop. COMEX could declare liquidation-only, as they did in 1980. The only end result would be to catapult the demand for and price of silver even higher. COMEX is now irrelevant except as a way for banks to bankrupt themselves if they continue to try to reduce the price of physical silver by manipulating futures prices there and taking on more short positions to do it. They can crash the paper futures price as much as they wish. It won't stop buyers from demanding physical silver in the real market outside COMEX.

The old prices were a result of a naive market, overwhelming short positions at the futures exchanges, manipulative trading techniques and a deceitful unallocated storage arrangement. The current silver pricing surge may look like a typical short squeeze, but it is nothing of the kind. It represents a permanent change in market perceptions. That is not to say that silver prices cannot fall, but the pressure to buy physical silver will continue to mount. When silver prices finally reach equilibrium, $50 per ounce might be the floor, rather than the ceiling. We don't know how high the price will climb under these circumstances.

One thing is clear. Buyers have discovered that they hold the power to defeat the largest financial firms in the world at their own game. But they still don't recognize the extent of their victory. Silver is the beginning, not the end. It is only one of the precious metals, but not the only one. The same unethical practices have been used for years to suppress the price of gold and platinum, for example. Both metals have been traded in a naive market, with overwhelming short positions at the futures exchanges, manipulative trading techniques and deceitful "unallocated" storage arrangements. There is no fundamental difference except that the metals have different names and appear at different locations on the periodic table.

Central bankers may be able to supply large amounts of the gold, for a while, to assist their minions in the commercial banking sector in the artificial suppression of gold prices. But, with emerging market central banks, the developed world's pension funds and university endowments, hedge funds and sovereign wealth funds all heavily buying gold, that resistance to the market cannot last forever. The most effective way to suppress gold would be to take steps to crash the entire world economy by cutting off most of the current flood of liquidity. However, even that would be only a temporary measure.

With stock prices collapsing, a mega shift from demand for stocks and bonds to demand for gold, silver and platinum would occur. One way or another, the current management of gold prices, which currently includes allowing a slow upward trend to relieve buying pressure without collapsing fiat currencies, will change into an explosion. This will happen with or without the help of market vigilantes.

So what will be the vigilante target after they are finished with normalizing the price of silver? Central banks like low platinum prices almost as much as low gold and silver prices. Manipulating platinum prices up and down helps bank profits. Since it has proven impossible to fully suppress price increases, the next best thing is to orient the manipulation process to create artificial high volatility, and thereby discourage conservative investors from buying the metal. This leaves more for industry at cheaper prices.

Platinum is an important metal in so many industries, not the least of which is the auto industry, that it seems to us that the Orwellian Ministry of Truth (aka, the New York Branch of the Federal Reserve) would strongly prefer a low, or at least, a very volatile price. Platinum, like gold and silver, also has a history of being used as money (in Russia) and possesses sufficient monetary qualities to be a significant threat to central bank emissions of fiat money. But, similar to silver and unlike gold, central bankers have no platinum reserves. Russia has large palladium reserves, but is unlikely to sell much, going forward, unless it is pressed against the wall by a steep drop in oil prices below its budgetary minimum (about $65 per barrel).

The platinum market is smaller than the silver market. The percentage of above-ground platinum is smaller, compared to consumption, than the percentage of above-ground silver. When the silver price revaluation runs its course, and silver is finally sell for a normalized value based upon its 16 to 1 ratio in the earth's crust, versus gold, we believe that vigilantes are most likely to turn toward platinum. We believe that J.P. Morgan Chase (JPM), accused of being one of the New York Federal Reserve's primary agents in manipulating stock, commodities and precious metals prices, knows this. It is actively buying huge amounts of physical platinum bars. Being 14.7 times rarer than gold, if platinum prices normalize to the metal's abundance, one troy ounce would be worth $22,000 right now, 14.7 times more than the current price of gold.

In a typical London Financial Times fashion, the silver long-side "conspiracy" article ends by saying that

History may be informative. After the Hunt brothers’ squeeze in 1980, the price of silver collapsed 80 per cent in four months.
Wishful thinking. We don't know where silver's price explosion will end. However, as more and more people realize that they have been duped into accepting fake prices for silver, bullion banks may need to buy 100 ounces of silver for every one ounce that is withdrawn. How high is that going to drive the price of silver? We'll leave that to you to decide.

Recently, we read an article published by Minyanville, which is usually a good source of information. But this particular Minyanville article advises buying U.S. dollars and selling silver short. The author claims not to be interested in past performance in making his decisions, but, then presents a chart of 1970s era silver prices to support his claim that the white metal is set up for a price collapse. There is great danger in blind adherence to charts. They are rear view mirrors, and cannot be used in the absence of common sense. If the focus of a driver's attention is on the rear view mirror, he will surely crash.

The first part of the Minyanville article recommended trade might work, because the U.S. dollar may rise for a while, if the Fed stops counterfeiting (aka quantitative easing) June. However, the second part of the trade will fail. At best, there will be a few weeks or a few months of fallout from the end of QE-2 if it happens. It is true that during that time the price could fall substantially, especially if helped along by the members of the silver price conspiracy. After that, however, it will be back to the races.

Assets in a collapsing stock market will eventually be shifted into precious metals. Since the silver vigilantes are extremely well capitalized, the main achievement of the price manipulators will simply be to allow them to buy more silver with the same money. In the end, their delivery obligations will simply be larger. Simply put, the old methods of price manipulation will no longer work against an informed market.

The question of where precious metals vigilantes' attention will turn after mopping the floor with the silver short sellers may be a moot point. If they manage to bankrupt the bullion banks (and associated hedge funds, shadow banking system entities, etc.), it will be game over. Free of price management, gold and platinum will join silver in a price explosion to the stratosphere, and they won't need any help from vigilantes. But private profit appears to be only one of the motives for silver market manipulators.

Another motive is to support irredeemable fiat paper money issued by central banks. Therefore, a massive bailout may save them from bankruptcy. After the short-side manipulators finally give up, many contracts for silver delivery will be settled for astronomical sums of fiat money. As schemes and scams continue to unwind, the next few years are going to be very interesting.


Read more at Seeking Alpha