Silver Investor: This Week's Economic Update

Published: Sun, 09/29/13

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Question of the Week

Question: David -- What is your "take" on the CFTC decision on the silver manipulation?

Answer: Very similar to these--

GATA secretary interviewed by KWN on CFTC's refusal to act on silver complaints

Chris Powell the secretary/treasurer of GATA was interviewed by King World News today about the decision of the U.S. Commodity Futures Trading Commission not to take any action in complaints of manipulation of the silver market. An excerpt from the interview is posted at the King World

News blog here:

http://bit.ly/15u6mZ1

And the interview below...

Rob Kirby and Lars Schall

http://bit.ly/19OtX87

It has been my contention that manipulation of the overall trend is not possible -- but within the uptrend the market has been manipulated many,many times. Also, I have stated that "proving" manipulation would be almost impossible.

The problem the paper pushers have is that paper gold and paper silver do NOT equal the real thing. More and more understand this and because of that fact Germany is supposed to wait seven years to get its gold returned. The paper pushers are losing control the evidence is out there.

David Morgann
 


Audio/Video of the Week

The Precious Metals' Bullish Case is 'Written in the Rocks'.

Don't trust the word of the big time players

http://youtu.be/A3sFo7axeDI

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David Morgan, QE Me to the Moon!

http://youtu.be/mJLzqubTeWQ
 


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Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

Stone Investment Group is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. Stone Investment Group and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that Stone Investment Group will not be held liable or responsible for any decisions you make regarding any information discussed herein.

 

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