The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label naked shorting. Show all posts
Showing posts with label naked shorting. Show all posts

Tuesday, April 18, 2017

Another day, another manipulation as gold slammed with naked short contracts after dollar falls below 100 on index

As we at The Daily Economist have continued to say over and over in the investment space, there are no markets, only manipulations.  And whether it is the Fed offering trillions in cheap money for insiders to buy back their stocks, the Exchange Stabilization Fund buying S&P future and the Yen to trigger algo traders, or the bullion banks naked shorting the precious metal markets, the only way to trade in today's world is to go with the manipulators and not use technicals or fundamentals.

Thus it should have come as no surprise on April 18 when in a matter of seconds, a bullion bank dumped over $3 billion in naked short contracts at the same time the dollar fell below 100 on the index, and where gold was working its way towards $1300 per ounce.

While the dollar index tumbles to its lowest level since days after the electiom, someone decided this morning was an opportune time to dump over 22,000 gold futures contracts (almost $3 billion notional) sparking a quick plunge in the precious metal. - Zerohedge
Interestingly, the short position at the Comex had actually fallen to its lowest levels since the elections as gold and silver crossing over their 200 day moving average spelled a strong buy signal for the commodities.  But with today's dumping, short contracts are back up to over 68,000.


(and add 22,000 to the April 11 number)

Sunday, March 5, 2017

How does J.P. Morgan's trading desk have 0 losses in two years? Short mining stocks then crash metal prices to cover

According to a recent report out by Zerohedge, J.P. Morgan's trading desk had one of the most incredible, and impossible win streaks ever seen on Wall Street.  In fact, not only did they not have a single losing trade in 2016, but between 2012 and 2016 they only had two singular losing trades out of billions if not hundreds of billions conducted in the HFT sphere.

Thus the question one has to ask of course is how is this possible since the the average win ratio for even the best individual trader is around 58%?  And in an interview on March 3 with Peak Prosperity's Chris Martenson, the long time financial analyst lays out one of the many scenarios used by the investment bank through their shorting of mining stocks, then crashing metals when the markets are closed by dumping billions of dollars of naked shorts on the Comex to skim the profits, and then cover their positions.

Image result for jp morgan manipulating silver market
Rory Hall:  I want to get back to something we we're talking about a moment ago, and that is silver.  And how do you see yesterday with this silver beatdown, and where silver was raped for better lack of the word, by more than 4%... there was something like $2 billion worth of digital contracts thrown at it in about a half an hour.  What's your take on that? 
Chris Martenson:  There is a fairly complex take on this, but let me make it simple here... it's fraud.  And it's not just in the silver market.  I follow silver and gold closely so I'm aware of this there, but I can tell you it happens everywhere now because the big banks long ago won the battle and captured the SEC under Mary Jo White, and it's been a complete disaster of lack of regulation. 
So here's is the focus on how and where this theft, this fraud is committed.  The big commercial banks that are out there... J.P. Morgan, HSBC, all the big bullion banks that are playing in this market.  They go out there and take the opposite side of this trade, and they are rapidly getting shorter, and shorter as the price of silver is going up.  And taking the other side of that bet are only people I can assume are named Charlie Brown, because they fall for it everytime.  And the banks have done this a dozen times over the past five years. 
But here's the tell... as silver was rising the last three days before that big smackdown, the miners... the silver miners in particular were very weak.  In fact, they were going down. 
So when you see the stocks going down at the same time the metal's are going up, you know that someone is aggressively selling those... they are shorting the stock, selling the stocks short. 
So they build a huge naked short position in the mining stocks, and within days BAM!  And the next thing you know the price of silver gets hammered... monkey hammered in the aftermarket.  After the physical London market is closed they always do it then, if not at 1:30 in the morning, and they just flood the market and crush the bid stack, driving the price down.  They they simply buy back and cover their shorts and skim the profits while leaving everyone holding the stock, or a futures contract, as the loser.

Friday, May 13, 2016

Comex cupboard so bare that a run on gold in their vaults would collapse the market

Entering into April, the number of paper contracts per ounce of physical gold held by the U.S. Commodities Exchange (Comex) was at an all-time record of 542 to 1.  And while this receded a touch during most of the month of April, by the end of the period it was not only back to 542 to 1, but it is now much higher from recent saturations and naked shorting.

Over the past two years, the Comex has seen its inventory of physical gold drop from several million ounces to now less than one million, and any real run on the vaults, or demand for delivery, would instantly collapse the gold markets, both in the paper realm and in physical.

And perhaps what is most astonishing is that for the first time in several years, the mainstream is now publishing news of this fraud.

Then starting in 2014 and trending to mid-2015, the number of registered “owners” moved strongly up, to about 100 per ounce, and then 300 per ounce. Note that this was also a period when Comex sold down significant amounts of physical inventory, from several million ounces in vaults to well under 1 million ounces. 
By late 2015 and now into 2016, registered “owners” against Comex gold spiked to a nosebleed level of 542-to-1. Thus if even one claimant shows up for an ounce of yellow metal, the cupboard will be bare — and there are 541 other claimants as well! 
“Uncovered” speculation has gone exponential. There’s lots of “paper” gold and almost no “real” gold, which makes for a high-risk scenario — certainly if you don’t hold gold. It’s high return if you do hold gold. 
The cupboard is so bare for gold that Comex could collapse into the equivalent of a “run” on vaults. If that happens — rather, “when” that happens — watch gold prices spike. On that golden day of reckoning, you’ll see more than a buying frenzy or even a panic. It’ll be utter pandemonium.  
When this bomb explodes, gold prices will melt upward in ways we can scarcely imagine. Instead of a few dollars up or down on the ticker, you’ll see hundred-dollar moves in a matter of minutes. Of course, it’ll be a good day for investors who own physical metal and a strong hand of mining shares. - Business Insider

Saturday, February 6, 2016

Comex gold pricing mechanism being used to cover up the ongoing financial crisis

In a short presentation on Feb. 5, famed metals analyst Mike Maloney details how the Comex futures market be the mechanism that is being used to cover up an ongoing financial collapse in the global markets.  And judging by the reaction yesterday alone for gold, which was pushed down using 1.2 billion to naked short the market only to retrace the $20 it lost and end the trading day up $18.00, shows that even this institution is losing its ability to sway investors away from precious metals and as a hedge to protect the declining dollar.