![Live 24 hours silver chart [ Kitco Inc. ]](http://www.kitco.com/images/live/silver.gif)
*UPDATED with TD Ameritrade VolumeWe reported a few minutes ago on the gold & silver raid in progress. The cartel raids have now smashed gold over $82 from $1788 to $1706, and silver close to $4 (10%!!) from $37.62 to $33.68. Also notice the classic mini-parabolic moves to the upside immediately prior to the raid- absolutely CLASSIC CARTEL ACTION!
The raid began at exactly at 10:00am EST coinciding with the Fed's release of its monetary policy statement to the House Financial Services Committee.
For those who claim these immediate waterfall gap-downs in both metals were as a result of Bernanke's dissapointment in no further QE, please realize this occurred exactly as the full report was released, and note the massive paper volume of 225 MILLION OUNCES OF PAPER SILVER OVER 30 MINUTES used to smash gold by $65 and silver by $2!:
NetDania, while a spot chart- obtains their volumes from futures volumes, and displays the smash visibly the best. BrotherJohnF just published a NetDania screen shot demonstrating a volume of over 20,000 contracts, or 225 MILLION OUNCES of paper silver sold over 30 minutes.
Lest you think this is merely another 'data glitch' by NetDania, here is the action and volume from TD Ameritrade:
As mentioned above, notice the mini-parabolic up-move in silver immediately prior to massive raid to draw in new suckers (longs) to add firepower to the smash as they are forced to puke their positions moments later as stop-losses are taken out.
And in gold:
![Live 24 hours gold chart [Kitco Inc.]](http://www.kitco.com/images/live/gold.gif)
Now we know why the cartel stepped back and allowed gold and silver to run higher through significant resistance points over the past 3 days- they have been waiting to coincide their smash with the release of the Fed's policy statement, in a weak attempt to use the Fed statement as cover for their massive raid and paper manipulation of the gold and silver market.
103 comments:
This is nothing new, I'm so used to these raids now it doesn't even surprise me anymore. All they're doing is giving stackers buying opportunities. C'mon 32 dollars silver!!!
It is clear that the banksters had prior knowledge of the content of the speech. This was planned in advance. They really want the silver!!!
I thought the hint of QE3 is going to be positive for PM ?
The quick parabolic move upward beforehand was a clear indication. They pulled in some last minute buyers before the smackdown! WOW
we touched 33,68 .. insane !! This is like shooting someone through the head in front of a police officer.. the police officer stating it as death by natural cause .. and everyone blindly accepting this statement.
STACK THE SMACK !!
LMFAO I knew it , been saving for awhile, come on twenties
-Hotsaucze
People should really be learning how sick these banksters are. They planned this with the FED in advance. They knew what was in his speech ahead of time. They will go to any extent to stop the precious metals move upwards.
Exactly Vissarion
BROTHER JOHN....We need a full analysis tonight!!!!!
Absolute entertainment!
Now back to the high 20's and then to the star?
Stars!
Not going to work, I think its going back up to prove to the fed there's inflation before meeting.
-Hotsaucze
This only reveals to the world their DESPERATION and REALIZATION that their cause is utterly HOPELESS. 'Fiat' is in the process of dying, and there is NOTHING that they or anyone else can do to stop this demise. It is already set in stone.
It is unfortunate that this type of manipulation continues to happen, as it will scare away lots of people on the sidelines who might otherwise decide to start exchanging their counterfeit paper Dollars for real money Silver and Gold. Silver and Gold have withstood the time as mankind's money. The Dollar has not.
Doctor, Were all these shares NAKED SHORTED????
If so, they will have to cover!
they are already covering
Turd's site is down - another indication of a raid :-)
Ba da da da da, I'm loving it! Stack the smack!
Silverstax
SilverDoctors is currently stretching the limits of max visitor capacity as well.
Cartel smash, computer glitch, fat fingers, greasy duck fart... All I know is it allowed me to STACK THE SMACK!!! I hit it at $34.10... I'll take that!!
Danno
"Jim Sinclair: Another Try By Silver at $50 Looks Imminent"
You definitely can rely on his expertise!!!
"Ron Paul Tells Bernanke He Killed The Dollar, Silver Coin In Hand"
Classic!!! This was a way for the puppet masters to show who's in charge, or so they think. Silver has been winning the war since time immemorial, but these buffoons still think they can convince the world their paper 'money' is good. GIVE IT UP ALREADY!!! THE MORE OF THIS TYPE OF PANIC MANIPULATION OF GOLD AND SILVER PRICES, THE MORE THE ENTIRE WORLD CAN SEE YOU ARE JUST DESPERATE SOBs.
Boy o boy! Silver sure is a fun ride. Better than any rollercoaster i've been on.
We're running back up over 35. Welcome to the Dimon gameshow...
Behind "door 1" A mild comeback, followed by another raid right in the kisser.. get ready to stack.
Behind "door 2" A run up back above 36. Meaning we are still broken out of the giant flag pattern.. get ready to laugh your as of while watching the cartel cry.
PS. Sorry for the crappy spelling. It's in "dutch english"
OUCH THAT HURT. And unfortunately all the dry powder is locked up in clearing. So cant buy at rock bottom prices. Feel like a real Dummy today.
Dummy
CNBC now bashing PM....They are "IN" with the cartel as part of this planned attack! They really had this well orchistrated!!!
There ya go Silverstax. What I said yesterday. Now I'll let the trigger loose on the 100 OZ. Get that monster box you wanted. Hope you waited until today. This price will not stay down long.
Good luck,
2 OZ.
What type of silver COIN was Dr. Paul holding in his hand?????
Silver starting to climb back now. Will the raid fail????
Those fuckers are getting desperate their nuts are in a vice,iam buying 200 more ounces to add to my 800 ounces i bought at 31.
USA the most corrupted fucken goverment and banker crucks in the world !!!
BUT, it is being recovered very fast!!
Shhh 44mag
Don't let em know whatchu got.
I'm still waiting to get in... just need a nicer price point. Been waiting all this run up... picked up a tiny little bit of gold though around 1750ish :(
JJ83
these paper prices mean squat when paper can be created at whim...imaginary credit vs. tangible goods...
buy when there s blood in street Please Search for War of WATERLO and these bankster plan
OK I got to be honest with you guys. I'm on the bankers side until I get my settlement check. These desperate idiots are gonna make us all super rich when the silver shackles are removed. Keep stacking.
T
I just had an epifanie !!
Anyone want to buy the famous painting "nachtwacht" by Rembrandt van Rijn ? Of course I don't even come close to owning it.. but I can ask JP Morgan to print me a million sheets of paper saying I do !
I will even throw in your very own Eiffeltower for free ! (on paper again of course !)
I belive this raid had something to do with ron pauls questions, holding up a silver dollar. The fed has SPIES, they KNEW he was going to bring up silver. STACK THE SMACK PEOPLE!!!
No worries T
I'm a former banker
No settlement check when I left the bank. But my boss told me 'don't let the door hit you in the butt when you leave---and don't call our customers or we'll sue you---and don't expect to collect your commissions due---and forget about the accrued vacation and sick pay.
Good news
I'm not a banker any more
He still works for the man.
Love it!
I stack and he has to work 12 hours a day.
What are your plans after you leave the bank?
Paper price. Phuck the cartel. Keep grabbing the Silver phyzz. The greenback is kaput. The word is getting out. Keep singing and slinging.
YES ABSOLUTELY TODAY'S RAID WAS ANSWER TO Ron Pauls questions, holding up a silver dollar
Anonymous at 12:59 my settlement checks from a car crash I was involved in, in December. Never been a banker, I despise them, I use a credit union. I work with alcoholics in recovery.
T
Maybe they are trying to give Dr Paul a stroke. Wait til he sees the shit they pulled today. He's a big stacker, I understand.
got it T Bankers are pretty low on my list too. Good luck on your purchases. I dumped my big bank and am working with a small bank on a local level. They actually give a darn about customers.
$10 soon.
The smack has been stacked!!!
I'm on cloud 9 boyz - waiting from yesterday until today saved me over 1k on a monster box!!!! I would have saved even more but my damn dealer is on the West coast and I had to wait until after noon Eastern to place the order!!!
Boy am I going out celebrating tonight - first I will buy a pair of white leather shoes in honor of the "white shoe boys" as Celente calls them. After all, they are responsible for my savings :-)
Stack the smack, dig the dip and ride the raid everyone!!!!
Silverstax
Anon 2:01 PM:$10 soon.
Maybe gasoline or milk. Buy your preps.
LPP
@ JJ83... What is a nicer price point? For the last few months we have had great buy prices and today was equal to the old Blue light special from back in the Jamesway days..LoL.. Never go all in at one time.. Buy in at different levels... Or set a certain day every week, month, quarter to buy... Eventually we won't see these cartel en-dosed prices again.. When it was at the low of 27.15 many felt it was or could go lower... It didn't leaving alot of stackers out of great buy prices... Before the smack down started this morning we were $10 an oz up from that $27... So JJ and others who are waiting for lower than we have seen paper prices don't keep waiting... Buy in on the dips... Buy in steps so if it does go lower you can buy more... Come up with a buy plan that works for you...My point is get to STACKIN THE SMACK!! Convert that fiat government toilet paper to real wealth!!!
Ok I'm getting off the podium guys... Don't shoot...LMAO
Danno
Wheres ILUV and the rest of the trolls when you need them? Would love to hear them say this never happened either...NetDania and TDAmeritrade both had data glitches today folks, move along!! lol
Excellent work Doc!
The Kitco chart was locked up during the sell-off. First time I've seen a blue question mark instead of a chart - tried several times. Looks like we're seeing it first-hand this time. Friggin' paper traders. Wish we could find out who the sellers were.
$10.00. Whoohoo! Can't wait I'll really load up. Go home now ANON 2:01.
Way to go Silverstax. I let loose on a 100 today too. Sorry I missed the DOC's offer.
Good advice Danno.
2 OZ.
i love it just bought 1200 ounces. life is good.
Made 650$ shorting gold today. It's damn near a lock anytime Bernanke's running his trap.
SILVER WILL FIND ITS WAY BACK S O O N !!!!!!!!!
SILVER WOULD BE A GOOD AND STABLE CURRENCY IN THE WORLD!!!
BUY SILVER IF YOU CAN!!!!!!
DIG THE DIP!!!!
STACK THE SMACK!!!!!
RIDE THE RAID!!!!
:-))))))))))))))))
Whats the bottom possible? 32 by weeks end?
They are getting more flagrant every day! Since last year they will not allow any significant rally to hold. Everything else is "allowed" to run. I am so sick of these b*****ds!So much for the bogus CFTC investigation and position limits.
This smack down will fail.
Bart Chilton- Kiss my beat down poor ASS.
Worthless slug. Don't cash your paycheck, you owe us money.
I will buy my third monster box, if silver goes to 20$
smack gold down and create war will result in a lot of people selling their physical gold really cheap !
if its true, its epic !
I don't get how war would make gold/silver drop? It rose through Afghanistan and Iraq.
DOC seriously. why do you have the images as links that link back to the article youre already reading? why dont you link to the larger more ... visible version of the image instead. i always click the image *so i can actually see what youre refering to* and it just links me back to the story..
- runlevel
Seriously....this is okay with me. Yeah I'll pick up my weekly 4oz today. But really it has nothing to do with being excited for another chance to STACK THE SMACK.
I'm all for kicking the can down the road. Please. Honestly like running water and hot showers. I have no desire to hold off hungry neighbors at gun point. Can kicking is an okay thing, if ya ask me. If silver at $33 is good for accumulating---its even better for maintaining the status quo that an ever decreasing number enjoy.
Props to those that see the "big picture."
If greed is influencing your motovation in PM's consider that dirt nappin' is in your future and just what did that greed really get ya?
4oz
Either way, they can't make it worth less then paper?
paper....rock....scissors.....SILVER! I win!
CFTC is nothing more then a cover-up for JP Morgan...I hope when the SHTF and the people start hanging the bastards on the lamp poles CFTC commissionnaires will be one of them hanging there one by one in the same street rotting for years and years
From CNN Money : Traders speculate that it may have been a large Treasury trade gone awry that caused many computer trading models to react, starting a chain reaction in gold, silver and in the euro.....LOL.....I'm thinking Aliens that escaped area 51 was the cause......or better yet the lines were crossed between Comex and the people voting for American Idol !!!
it gives us a chance to get back in lower than before whats wrong with that , play their game
ah hah hah ha...well well Mr Diamond, you sir are a funny guy, what did you and Ben jerk each other's dicks off last night? You're fucked ...like I have been sayin...no place to run for you now.
@ 4oz
I couldn't agree more! This braggadocio does not make friends but rather enemies.
30 oz
I thank the Cartel every day for having suppressed the price of Silver for as long as they have. Without that I would never have been able to amass the Silver stack that I have today. I'm not done stacking so I hope this blatant manipulation will last a while longer before the inevitable meteoric rise commences....
I'm not so sure about "hanging" 'em. I would much rather see them pound nails, muck stalls and mow lawns for the people they have been screwin' all these years. After about 4 years, I would let 'em all go. Just to see if their attitude changed.
NEW B
Everyone here seems to be a stacker. How many ounces do you own? I am new at this and by no means, do I have a ton of money to throw at silver. I try to do 30 ounces plus to avoid taxes. Sadly, I am at 83 ounces after being in silver investor market for 2 months. My goal is a 1000 plus by end of year.
Anon 7 -
Congratulations, you are way ahead of 99.9% of the world. :)
But nobody that has stacked for long will tell you that.
It is basic opsec. There is no anonymous.
I have no silver since the avalanche took the cabin in '08.
I imagine we go from king's ransoms all the way down to youths with a box of quarters.
So, good job! Keep it up!
-conax
i gotta fhukin shit !
"Anonymous said...
Anon 2:01 PM:$10 soon.
Maybe gasoline or milk. Buy your preps.
LPP
I agree 31.1 grams per Troy oz at $10.00 per gram is $310.00 an oz. We'll be there in less than 18 months.
@Anon 7:00: As of today's BTFD I have 111 ounces. Not bad for someone post-bankruptcy saving for a move, but not much compared to Eric Sprott.
Don't worry about the price of silver going down cause of manipulation. Look on the bright side, you can now afford a precious metal (silver) that now cost 30-40$/oz while during Antiquity and Middle Age, it cost 950-1400$/oz at today's price.
Just wait, the day where there is a real silver shortage would make the price go 50-100$/oz. There would be a silver shortage because of the low price and the large population of human consuming it very fast. Because of that, I'm sure that there would be a shortage around 2050.
In conclusion, you should thank the cartel to make that expensive metal very affordable and cheap.
I'm 14 years old and I'm sure that be rich in 2050 if I keep buying 1oz silver.
Anon: 8:07 I'm sure I will long gone by 2050, but my Phyzzz will still be here. Maybe your kids might wind up with it.
You write well for a 14 year old?
If you want some advice....don't worry about being rich, just be happy.
NEWB (That's Mr. NEWB if your 14)
Any loyal Americans here still? Let me say that id you are you have shit for brains.
lol ^
- runlevel
@Anon 9:35 PM
Thanks for the tip! By the way, I don't know if you were sarcastic or not about the part you said "You write well for a 14 year old?".
Well, I got caught by my wife buying 4 silver eagles today at the dip. She found the ATM receipt. She thinks everything is hunky dory with the way things are going and I'm some kinda nut. She watches a lot of "reality" shows.
Yeah, my wife is the same way. She is one of the sheeple. Trying to get her to cash out her 401k. That aint happening! I can't wait to say 3 words that she hates when her 401k goes to nil. "Told you so."
Not bad I see all the nay sayers are gone. They must be out having cocktails with the bankers.Or giving tail to the bankers cocks. I think Doc should get in touch with NetDania and see what they say about this glitch today. I think right now Im happy that physical silver is tied to paper prices.if it was up to supply and demand $$$$ would need to be spent to get any. I still want more at these cheeper prices 50oz of Engelhard today at $35.00. I like it! But vary soon these prices will be a memory, the cartel will be gone. Nothing to talk about but old war stories how I used to buy silver at 10-15 dollars. How I used to get little 1oz holiday bars for gifts as a kid. In the 80s disco days with a 1oz gold pamp susse hanging from a gold rope chaine. fuck it the cartel just needs to be gone!!!!
Anon 12;32
never tell yer wife Told you so. if she has just lost her entire 401
Remember...
A)She cooks your food
B) she knows where you keep your phyzz
C)ya have to go to sleep sooner or later :-)
Crazy Canuck
Anon 10:06 -
No, I wasn't being sarcastic. Most 14 year olds these days, can't put an entire sentence together. Let alone spell sarcastic.
Keep up the good work. I'm certain you will do very well.
NEWB
This was truly an epic event, this take-down, in gold andf, especially, silver.
Adding last week's raid, where 105 million ounces of paper silver was dumped on the market, this makes the total tally 330 million ounces having been dumped, by the "Paintmasters, Charts & Diagrams".
Was there a big buyer taking the other side of this waterfall dumping as well, to some degree?
If I were, let's say, the Chinese, sitting with over a Trillion dollars in my wallet, I'd take a look at buying these contracts, simply by comparing the contracts to their monetary alternative: The US dollar.
In the one instance, there is a paper promising me to be redeemed, for my paper in gold or silver, much like the old-time gold and/or silver standard monetary systems' money notes, however at a set date in the future;
in the other instance, with the present US dollar bill, I'm promised to be redeemed, for my dollar bill, no gold and no silver, ever.
Which of the two are most close to being real money?
So, if it has been the Chinese taking the other side of the trade, when the manipulators have tried to manipulate down the price of gold and silver, once again, I guess they have acted simply from the above understanding, and have wanted to shift some of their mass of "I.O.Y. Nothings" into future delivery contract promises on gold and silver, issued by the "Paintmasters, Charts&Diagrams", as these are closer to represent true money than the paper dollars.
If this above said should turn out to be true, it means that the "Paintmasters, Charts&Diagrams" have dug themselves deeper into the hole they were already in.
And that the financial resolution of this whole affair has suddenly gotten the potential of assuming really epic proportions, as far as gold and, especially, silver prices are concerned.
Maybe that "failed" raid last week wasn't more than just a test of firepower? So they would know how many contracts to dump yesterday.
-ainb
Spot on Anon 6:53. Blythe can company has assumed this take down would be like any other. However, there's a big buyer somewhere. Is it the Chinese? Some other entity? Doesn't matter. Blythe and friends can barely reach the top of the hole they dug. A couple more moves like this one they they may never get out of that hole again.
2 OZ.
What's important is what Bridget Brown of CTV has to say about all this.
http://mooseandsquirrel.ca/2011/10/01/08:21/ctv-reporter-says-gold-has-no-value/
Gotta love Ron Paul using an American Silver Eagle to school Bernanke. Take a look...
http://www.youtube.com/watch?v=n7gAgjTvtjc
Silver back up to $35.20. So much for the smack-down.
2 OZ.
It's creeping down 2OZ... Be patient Grasshopper.. Confucius say, Bernanke mouth open equal waterfall of our wealth...
Danno
I AM SORRY TO SAY THAT , BUT IS THERE ANYTHING LEFT IN THE UNITED STATES THAT IS NOT CORRUPT ANY MORE???
PRESS IS CORRUPT, ALMOST THE ENTIRE GOVERNMENT IS FACIST, THE ELECTIONS ARE RIGGED, MARKETS ARE HIGHLY RIGGED AND NO FREE MARKETS AVAILABLE, MOST ECONOMIC FIGURES ARE LIES, GOVERNMENT WHICH KILLS ITS OWN PRESIDENTS, ATTACKING OTHER COUNTRIES WITHOUT JUSTIFICATION, MOSAD AND US IN COOPERATION TO KILL AMERICAN PEOPLE 9/11, 1ST AMENDMENT IS NO LONGER MEANINGFUL, PEOPLE ARE MADE TO BE AFRAID BY HOMELAND SECURITY, FEDERAL RESERVE AND PRIVATE BANKERS WHO ARE CORRUPT, REGULATORS SUCH AS SEC AND CTFC CLOSING THEIR EYES TO CRIMINAL ACT, NO CONSIDERATION FOR UNEMPLOYED AND GOVERNMENT POLICIES ALLOWING CORPORATIONS TO LEAVE ABROAD.
IS THIS AMERICA WE HEARD OF ONCE? CAN NOT BE TRUE, AMERICANS ARE DRUGGED AND KEPT BRAINWASHED BY THE MEDIA.
YOU AMERICANS WAKE UP AND TAKE CHARGE OF YOUR OWN COUNTRY. YOU ARE INVADED FROM WITHIN BY YOUR CORRUPTED LEADERS AND FOREIGN ZIONIST!!! STICK WITH YOUR FOUNDING FATHERS AND PUT A STOP TO YOUR POPPET REPUBLIC AND DEMOCRATIC PARTIES, THEY ARE ALL LYING TO YOU, DONT YOU SEE THAT ?
YOUR DEMOCRACY SUCKS AT THE MOMENT, USA SHOULD LEARN WHAT DEMOCRACY IS RATHER THAN PREACHING THE WORLD ABOUT VALUES AND DEMOCRACY. YOU HAVE LIMITLESS CAMPAIGN CONTRIBUTIONS TO MAKE RICH WIN. HOW MUCH MORE FUCKED UP CAN IT GET.
YOU PASSED NDA LAW THAT ENABLES ANY OF YOU ARRESTED WITHOUT COURT ORDER FOR UN LIMITED TIME. SHIT THIS IS FACISM NOT DEMOCRACY FOR SURE!!!
ONLY RON PAUL KNOWS WHAT THE FUCK IS GOING ON WHO IS A TRUE AMERICAN BUT MOST OF YOU FUCKING DO NOT SEE THAT!!!
YOU HAVE NO MORE FREEDOMS LEFT, IF YOU DO NOT FIX YOUR GOVERNMENT YOU WILL BE WORSE THAN WHAT SOVIET UNION WAS ONCE USED TO BE.
GOOD LUCK
"I dumped my big bank and am working with a small bank on a local level. They actually give a darn about customers."
Indeed so. I dumped even the local bank and switched to a CU about 35 years ago. The bank was making too many small errors in my checking account... and ALWAYS in their favor. Haven't had a single error in my account since switching. That tells me ALL I need to know about banksters, even the small local boys. CUs are the only way to go, friends. They care about us because WE OWN THEM! :-)
I am young and I have little expereince with these matters. May I ask, when did such even occurred in the past, or is this the first occurrence of the silver market manipulation?
Go Ron! See my book 'Monetary Revolution USA' on my site below or buy at amazon.com. Free market currency. Abolish the Fed and legal tender laws. Private mints. Weight of gold as the unit of account (price unit). No 'price' for gold, it IS money.
Regards, Dave forward-USA.org
RON PAUL 2012 !!!
I f..k the BANK$T€R$, I Buy Silver
You suckers.... keep buying as gold and silver keep falling.... if there really is manipulation in the market, prices will get hammered way down before they move up again... two bucks in silver in one day... big whoopty-doo. Better to wait on the sidelines until you buggers get smashed out of the market and start licking your wounds. I'll start buying gold when it hits $1,000 and silver when it hits $16.
@Annon 1:56pm - You'll never see $1000 Gold and $16 Silver. Stack what you can now, or get canned when you stack later.
As far as the wife and 401K. She reminds me a lot of the dad in the Silver Circles webcomic. He saved all his life and was forced to spend his money before it became worthless. He ended up illegally buying into the silver coins industry to prevent losing any more.
Silver has been manipulated many times. It's a very good commodity to do this with. You just buy up a large amount and then wait until prices soar. Google "Panic of 1873" (also, 1893) or "Silver Thursday" or "Corner market" to see how easy it is for silver prices to change drastically. Just buy a few hundred million ounces and see how much the price changes. ;)
Nickel is pretty volatile, as well. Oh, and look at current silver prices. Hehe, I'm sure we all saw that coming!
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