On Oct 3rd, the Wynter Benton group (the group of supposedly ex-JP Morgan traders with a grudge against their old boss Blythe Masters) GUARANTEED that silver would trade above $45 by November 30th, 2011.
Well, WB's time-frame has officially expired, as the globex session closed today with silver below $33.
Many of our readers have had strong feelings regarding the legitimacy of the WB group.
While WB had many extremely accurate calls in early 2011, does WB's $45 Silver by Nov 30th Guarantee (which did not ever come even close to occurring) and subsequent complete silence from Wynter on the JPM yahoo board indicate a complete loss of legitimacy of the group- or could WB have been MF'd by MF Global?
We'll open up the thread to let readers debate the issue.
From Wynter Benton on Oct 3rd:
Our group GUARANTEES that silver will trade above $45 by November 30, 2011. No caveats, no excuses. The charts arent saying so but we are stating that silver will be above $(45) by November 30, 2011.
21 comments:
silver predictors have been wrong 9 times out of the last 5 predictions.
Like 'em, hate 'em, apathetic.....whatever..... at this point it appears WB calls appear to be somewhere in the neighborhood of 50/50 over their broadcast history and much worse over the past couple of months, so at best you might as well be flipping a coin as trading on her/their advice.............
I say maybe. Ted Butler says that if the 911 MF Global had not occured that silver would be well into the 40's. I really wish they would explain.
Sierra
I think that's just it - Oct 21 or so, MFG collapses and yet, no comment. Comparing past behavior ie. post FOMC meeting in Sept, WB was quite quick to come out & state the plan had changed...
short of an excuse explaining why WB could not post post Oct 21, which cannot be verified by anyone, not sure where WB can/will go from here.
Truly, the WB group did not predict $45 silver, they said THEY'd spike it. OK, JPM trumped them with the WF debacle. What happens next time the WB group gets enuf of a head of steam to tangle with JPM. ? Where does JPM then get enuf silver to dodge that bullet ? Considering the unprecedented game of SILVER MUSICAL CHAIRS we have seen, it tells me something stinks. So far I dont think its WB's carcass, as it might end being the COMEX carcass.
They still may be close...Within the next few weeks/months we may see $45 or higher.
ILUVPMS...Please buy your silver now, and join us. Leave the dark side.
Communication is free...There should have been some statement from them...If the MFG caused some concern or change, it would have been easy to say so...I wait for some / any communication from her/him...
silver bullets kill vampires. ammo up
Can anyone say when they were right? Aren't we still waiting for that 'imminent' announcement of a central bank buying silver as reserve currency???
silvergood. You may be correct. If you are a subscriber to Bix Weir go read what he posted today.
Sierra
It's still November 30. Just saying
Silver and Gold will soar from here.
buckle up kids
Silvergood, i already own physical silver... a large stack to that! ive been accumulating miners for the last year and a bit... thanks for the heads up..
im objective and critical, doesnt make me a bankster or on the dark side!
Always leave yourself a caveat or a way out... Rookie mistake.
RIP Wynter Benton. Wonder under what alias they'll show up next?
Seems to me like a weak jedi mind trick attempt for silver buyers. Appealing to greed like so many Nigerian emails.
this is a joke, right? wynter benton is some 14 yr old, zit faced, pot smoking teenager sitting behind a computer wondering why people would believe a post on the internet.. matt damon
Who the hell was listening to Wynter Benton to begin with?
WB is history and for that matter nobody and I repeat nobody knows what is going to happen next except for those very few elites that are running this scam on the human race. I am sick in my heart and soul over all of the rampant corruption these psychopaths among us administer.
All, I'm trying to find a timely video and/or page that describes 'Buy Silver Crash JP Morgan'. Videos from 2010 are not new enough, as they don't address recent criticisms of the idea. I am trying to post a page on OWS sites in order to convince them to adopt this technique.
I would want the essay to be readable in 5-10 mins. I'd also want it to be produced *after* the large spike in Spring 2011, and also after the drop in Sept 2011. Can anyone suggest a page and/or video, please?
Gavin, the Silver Viral Project, written by Mr. M this summer (after the large spike and subsequent smash in may) would be an excellent piece to help get OWS involved. We hope to launch the 2nd phase of the silver viral project next year.
Silver Viral Project
Another shorter piece is A Silvery Tale
-Doc
Doc, the Silver Viral Project is a fantastic effort. Although it seems to be more of a campaign strategy rather than a rundown of facts as to why silver speculating can cause JP Morgan to go bankrupt.
I was looking for something more along the lines of 'The Silver Bullet And The Silver Shield', but refined to a minimum and also addressing criticisms over the past year. I am able to see all the factual pieces on Silverdoctors, but it is spread over dozens of posts. The OWS people won't have the patience to browse articles over a couple hours, I know that for sure.
Here is an example of a conversation with an OWS person on Reddit:
http://www.reddit.com/r/occupywallstreet/comments/mq2fo/another_bank_transfer_day_would_be_a_good_idea/c32z6nx
You can see how the OWS person ends with "Please. A bunch of paranoid nonsense. It's the economic version of apocalyptic cults." I think it would be a good idea to tailer a page towards the OWS, who are still unaware of the unraveling world-fiat event beginning to take place.
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