was meinst du? mkt

verfasst von Tölzer, 16.10.2001, 12:02

saiger geht ja davon aus, daß der verlauf dem von 1997/98 sehr ähnlich sieht.

dann müßte ja anfang nov. bzw. schon ende okt. die post abgehen?

servus

tölzer

>Letter to COMEX Oct 8th 2001
>October 8, 2001
>Vincent Viola
>Chairman
>J. Robert Collins, Jr.
>President
>New York Mercantile Exchange, Inc.
>One North End Avenue
>World Financial Center
>New York, NY 10282
>Dear Mr. Viola and Mr. Collins:
>This is to inform you that there is a serious and dangerous problem
>in the silver futures market on the Commodity Exchange, Inc.
>(COMEX), according to the just-released Commitment of Traders
>Report (COT). The COT of Oct. 5, 2001, for positions as of Oct. 2,
>clearly indicates a manipulation in progress. The amount of net short
>contracts held by the large commercial category (normally considered
>COMEX insiders), is obscene and preposterous in regards to market
>concentration and compared to silver in the real world. There is no
>way, that a reasonable person would not conclude that the
>commercials' silver short position is both manipulative to the silver
>price, and an extreme danger to the very existence of your
>exchange.
>In the past three weeks, the large commercials have increased their
>net short position by 175 million ounces, or 350%, to 225 million
>ounces net short. Last week alone, the large commercials sold net
>short over 90 million ounces of paper silver futures contracts. Large
>commercials now make up 80% of the entire futures short position.
>The price of silver would be materially higher, were it not for this
>manipulative and uneconomic naked short selling. The additional
>175 million ounces sold short, in just three weeks, is more than any
>country can produce in two years or much longer. It is more than all
>known silver stockpiles in the entire world. It is not possible for the
>short selling of 175 million ounces of silver, in a three week period,
>not to manipulate the price.
>Worse, the concentration of silver short positions among the large
>commercials is troubling. Four or less traders hold 130 million ounces
>net short. That's also greater than all known silver bullion in the
>world, and more than any country produces annually. Unless these 4
>or less traders own all the silver in the world, and then some, then
>this is a starkly naked short position. To claim it might be a mining
>hedge, considering the trading history of the large commercials,
>would defy logic. To claim that it might be a hedge of metal
>inventories would be silly. Did someone just come into 175 million
>ounces of real silver in the past three weeks? It is obvious that the
>large commercials are masquerading as hedgers - they are
>speculators, pure and simple. By pretending to be hedgers, these
>large commercials seek protection from basic commodity law which
>proscribes that speculators not influence prices unduly. To be clear,
>the four or less traders in the commercial category are manipulators,
>or represent manipulators. There is absolutely no economic purpose
>to their naked short position, save to depress the price of silver. You
>must put an end to this manipulation.
>On top of all the above, the Sep. 11 horror buried the 30 million
>ounces of silver in the Scotia Mocatta warehouse, rendering it
>unavailable for a long time. This 30 million ounces makes up 30% of
>the entire COMEX silver inventory, the largest in the world. In fact,
>the buried and unavailable silver comprises 25% of total known world
>silver bullion inventory. One quarter of all known silver bullion in the
>world is made unavailable overnight, and COMEX insider commercials
>rush to sell short obscene amounts, on a 50 cent rally? Who do these
>insiders think they are?
>I am a silver analyst who has consistently recommended COMEX
>silver warehouse receipts as the best method for holding physical
>silver in size. Many people have taken my advice, and have
>purchased these receipts. But, I must tell you, I am troubled by what
>I see. First off, I am troubled that the COMEX has not been
>forthcoming with public assurances that all the silver involved in the
>WTC 4 warehouse is fully insured and that the owners will be
>protected. All the insurance companies came forth, with great fanfare,
>to proclaim there would be no attempt to invoke war or terrorist
>exclusions in any WTC-insured losses. The COMEX's silence, on this
>matter, is conspicuous and disturbing. Second, the sheer mismatch
>between the extreme and concentrated commercial naked short
>position, jumping 350% in three weeks, and the suddenly-reduced
>available physical silver inventory, is most alarming. Inventory is
>effectively sharply reduced, and the insiders short position explodes
>350%. A reasonable person would contemplate default. This is your
>notice, that if we do have a default in COMEX silver, or any market
>emergencies related to restricting the rights of bona fide long
>contract holders, it will be because of the concentrated commercial
>COMEX- insider shorts.
>No other market in the world, just COMEX silver, has such a large,
>concentrated short position, where a few traders are allowed to be
>short more than, literally, all the known material in the world. Given
>the magnitude of the concentrated naked short position and the
>condition of the Scotia Mocatta facility, I call on you to rectify this
>outrageous situation immediately. It is your responsibility to end the
>clear short side manipulation in silver by these insider crooks. I
>understand that you are new to COMEX leadership, and your
>backgrounds don't indicate a close association with the commercial
>insider manipulators. If you don't end their crooked activities, you
>will
>be sanctioning those activities.
>I have no other way of ending the silver manipulation, aside from
>notifying you or writing about it in the public domain. It is not my
>intent to inflame the situation. I would prefer you reigned in the
>out-of-control insider manipulators - that's what self-regulation is
>supposed to be about. However, if you choose not to address this
>issue, or tell me why I'm off-base, I will have no other choice but to
>publicly present the facts as I see them, and let people make up
>their own minds. If I don't hear from you by my next publishing
>deadline, close of business Wednesday, Oct. 10, 2001, I'll assume
>you have aligned yourself with the insider crooks.
>Ted Butler


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gesamter Thread:

• Zur Preismanipulation bei Silber - R.Deutsch, 16.10.2001, 11:07
  • Vielleicht verkauft Buffet... - pecunia, 16.10.2001, 11:53
    • Re: Vielleicht verkauft Buffet... - BossCube, 16.10.2001, 11:59
      • Sorry, da komm ich nicht ganz mit... - pecunia, 16.10.2001, 12:07
        • Re: Sorry, da komm ich nicht ganz mit... - Pancho, 16.10.2001, 12:17
        • Re: Sorry, da komm ich nicht ganz mit... - BossCube, 16.10.2001, 12:19
          • Re: Sorry, da komm ich nicht ganz mit... - pecunia, 16.10.2001, 12:41
            • Re: Sorry, da komm ich nicht ganz mit... - SchlauFuchs, 16.10.2001, 12:49
            • Re: Sorry, da komm ich nicht ganz mit... - BossCube, 16.10.2001, 14:20
          • Re: Sorry, da komm ich nicht ganz mit... - Euklid, 16.10.2001, 12:54
        • Re: Sorry, da komm ich nicht ganz mit... - Theo Stuss, 16.10.2001, 12:33
      • Sehe ich auch so... - Hirscherl, 16.10.2001, 12:12
        • Re: Sehe ich auch so... - Diogenes, 16.10.2001, 12:18
  • was meinst du? mkt - Tölzer, 16.10.2001, 12:02
  • was meinst du? mkt - Tölzer, 16.10.2001, 12:13
  • Hier meine Antwort an Butler - Theo Stuss, 16.10.2001, 12:21
  • Sehr wahrscheinlich hat Buffett einen Teil seines Silbers sogar verliehen.... - Tofir, 16.10.2001, 13:46
    • Re: Sehr wahrscheinlich hat Buffett einen Teil seines Silbers sogar verliehen.... - Theo Stuss, 16.10.2001, 14:21
  • Silber steht in New York seit über einer Stunde stramm, nichts passiert... - Theo Stuss, 16.10.2001, 15:18