Klondike Silver Corp. has assembled a quality portfolio of silver and silver-rich polymetallic properties in historic mineral districts of North America, and is applying advanced exploration technologies to add value to these core assets.

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Message: Conspiracy versus reality

Conspiracy versus reality

posted on Jul 24, 2008 11:18AM

There is no question about it that supporters of the U.S. dollar have been working overtime in depressing gold and silver since Monday. Freightened little men continue to have their weekend meetings trying to hide what is financially happening which will eventually take their discredited currency down the tubes. Not only are U.S. citizens getting killed through the Fed's wild increases of outstanding dollars through excellerating inflation but in the end they will all have to pay for these failed excesses long after the people that are conducting these bearish raids on gold and silver have gone home.

Smarter men like the Chinese welcome the opportunity of a contrived higher dollar price to lighten up on one of their worst holdings, the U.S. dollar. Why wouldn't the Chinese be taking advantage of these phony gold and silver selloffs as well?

In the midst of all this you have the bullion banks heavily leaning on gold and silver all this week. There are connected miscreants out there like the bullion banks and their hedge fund buddies. The bullion banks get their orders and before selling is unleashed in the paper gold futures the hedge funds get the call. The, on the payroll, hedge funds start flooding the market with naked short sales directed at all the precious metal shares.

What a festival of crime.

In the midst of all these events investors are being dealth one curve ball after another by all these acts of fraud. What is an investor in silver exploration and silver producing companies to do along with their gold counterparts?

One important thought for consideration should be that peak gold and peak silver may have already been reached. There have been past articles that have given attention to this subject and be located in presentations on the Internet that are currently available by seaching google.

I checked KS today and received a quote on the stock with size of .175 - .185 (17,500 by 77,000). This is a whopper offering, one that Jim Puplava of financialsense.com has spoken of. These are tricks of the nakes short seller to discourage buying and for encouraging selling so that they can cover their short sales for profit at your expense. I own shares in the company and my reaction to this type of an offering is, "Go suck on a rusty pipe," I'm keeping my shares.

The game in the past few years has changed significantly with regulators condoning the massive selling of shares in companies that in fact, do not exist. How can a sell ticket unrelated to reality be used to depress share prices? What a mess it is when all shareholders vote their shares at an annual meeting. There are always more shares voted that have been issued by the company.

Jim Puplava has called all these unregulated short sales as, "The Crime Of The Century."

The last on silver is $17.29. This is up from $7 in 2006 and up from a 2007 low of just above $11.00. These characters can sell all the silver short on the COMEX that they want but they are only serving a freightened master in saving face and keeping the dollar up temporarily in light of the biggest continuing financial blow-out in the history of mankind.

Their greatest fear is that people will take their money out of bank CD's and buy physical silver or gold. The organized brazen plan in fraudulently pressuring all silver and gold related companies lower is an attempt to keep people away from buying the physical metals in bars and coins. If you want to fight back against these people buy the physical metals while maintaining your positions in your precious metal companies.

Currently there is the equivalent of 211 days of annual silver mine production sold short. Why so high? In gold there is half that amount. In crude oil there is only the equivalent of 2 days production that has been sold short. Put on your thinking cap. Silver has been held down because it represents a threat to the dollar lovers. The historical ratio for over 600 years between gold and silver is 15. Gold today is $925 and on the rise from a low of $915. Fifteen divided into $925 gold equals a justified price of $61.67 on silver for today. Silver may be the biggest steal of the century ay today's prices.

Something to think about: Selling shares of any ridiculously low priced silver related company is accommodating the repurchase of shares by the crime gang currently operating in what used to be free markets.

Some regulators need to be processed through the court system to see, if indeed, they need to be fitted for orange jump suits.





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