Posted on 07/14/2025 7:07:32 AM PDT by delta7
There has been relatively little AU/AG news in the MSM over the past few months, with gold nearing 3500 and now silver nearing 40.
The situation now is there is plenty of supply at coin shops at the retail level, with light demand. Premiums are small.
That means the market is being driven by central banks (aka, banksters).
https://mikesmoneytalks.ca/gold-and-silver-shorts-were-the-real-demise-for-bear-stearns/
…Six years ago the well-known investment bank Bear Stearns imploded. In February 2008, Bear Stearns stock traded as high as $93; by mid-March the insolvent company agreed to be taken over by JPMorgan for $2 a share (later raised to $10 after class-action lawsuits). In the annals of Wall Street, there was hardly a more sudden demise than the fall of Bear Stearns.
The cause was said to be a run on the bank as nervous investors pulled assets from the firm. Bear Stearns was said to be levered by 35 times, meaning it had equity of $11 billion and total assets of $395 billion. This is a very small cushion if something negative suddenly appears.
Something negative did hit Bear Stearns in the first quarter of 2008; although there are remarkably few details of what went wrong. Since Bear had a significant presence in sub-prime mortgages and that market was in distress, it is assumed the fall of the firm was mortgage related. That may be true, but there was no general stress in the stock market through mid-March 2008 reflecting a credit crisis. Was there instead some specific trigger behind the company’s sudden collapse?
I believe that sudden and massive losses and margin calls of more than $2.5 billion on tens of thousands of short COMEX gold and silver contracts were the specific triggers that killed Bear Stearns. Let’s face it – Bear was so leveraged that a sudden demand of more than $2.5 billion in immediate payment for any reason could have put them under. Bear Stearns’ excessive gold and silver shorts on the COMEX are the most plausible reason for the sudden demise.
Bear Stearns did fail and due to a sudden cash crunch was acquired by JPMorgan for a fraction of what it was worth two months earlier. Bear Stearns was the largest short in COMEX gold and silver at the time. The day of Bear Stearns’ demise coincides precisely with the day of the historic high price points in gold and silver. That is also the same day the biggest COMEX gold and silver short would experience maximum loss and a cumulative demand for upwards of $2.5 billion in cash deposits for margin. It was no coincidence the music stopped for Bear Stearns that same day……
…..the manipulation is ending, with $ Billions of losses for the manipulators.
Bought a bunch of silver years ago and have no regrets
Anyone remember the Hunt brothers?
I do.
L
The situation now is there is plenty of supply at coin shops at the retail level, with light demand. Premiums are small.
———-
Joe six pack public is always the last to realize what is happening….we entered a generational PM Bull market last year…..when the sleepy Joe six pack wakes up, its rocket time to unbelievable levels.
That said, PM gains have already been historic.
1976
Anyone remember the Hunt brothers?
——-
So do I. We didn’t have trillions of unpayable debt then, or a dollar index falling to 97.9 ( today) and every paper currency on the planet tanking.
correction 1979-80
The Hunt Brothers redux?................
I can’t understand who is this doing this, or their motivation.
As far as I know, global central banks do not accumulate silver as reserves, as they do with gold.
One can imagine a large national bank, or Federal Reserve primary dealer playing in the gold paper market, with tacit backing of central bank and its physical bullion
But if large banks are suppressing silver price with futures, who are they doing it for? And who will cover their massive losses from shorting the market?
Especially given 5 consecutive years of mined supply deficits, wouldn’t they have have more profit potential by playing the long side?
Around Barry’s run, JP Morgan was working to get Soros to be their CEO.
Check with the Mayflowers and the CIA
Cappuccino?
5:32 Swinging on a Star
Re: 10 - I want to make sure you’re understood.
Are you calling for the killing of a former US President?
There’s a reason no one can do an audit of Ft. Knox.
I'm sure my roommate at the time does. At silver's height, he spent an entire pay check on silver bullion. The crash came two weeks later. I don't know what he did, as I had left a few days after he spent all his money.
wouldn’t they have have more profit potential by playing the long side?
————
Exactly, JP Morgan has accrued tons of physical silver. The large bullion banks (8) have been shorting silver for decades, making money…..when their downside manipulation is no longer sustainable, ( now?) many familiar in the field believe they will then switch to going long…..again making tens of billions.
Regardless, something big is happening.
From AI:
“JPMorgan holds the world’s largest stockpile of physical silver, with over 750 million ounces accumulated. Recently, they have been actively increasing their holdings, adding more than 21 million ounces in a short period.”
IF he removed the gold from Fort Knox and sent it to China. Or even sold it in secret without anyone knowing or if not going through the correct channels… think of the damage done. Think of the national security implications. Think of an economic policy that could do more damage than that. (hint: one can try but they likely can not) what should be done to him? Give him some more teenage girls? Erect a statue of him in dc or the mean Arkansas airport?
“Bought a bunch of silver years ago and have no regrets”
My first bonus at EF Hutton was 100 shares of Silver. They wanted me to sell it back and take a cash bonus instead.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.