Thursday, December 29, 2011

Bix Weir: We've Reached the End of This Round of Silver Manipulation

Bix Weir has stated today that he believes we have reached the end of this round of silver manipulation, with silver matching the low for 2011 this morning near $26. While it's possible we have seen the lows for this correction (silver will need to close above $28 before we can even consider calling $26 THE bottom), think again if you believe we have reached the end of silver manipulation.  The bullion banks are merely positioned for a sharp rally to the upside, profiting from their HFT naked shorting induced illiquid holiday week smash.

From Bix:
Just a quick note. I've been getting emails from people around the world who are angry that they are not able to secure physical silver at these low manipulated prices. There are both problems with supply and exorbitant premiums in the retail sales market. We have been waiting for the separation between paper and physical silver and it seems we are there.

Paper Silver hit $26.08 this morning which is the low for the year and right where Bill Daley (Obama's Chief of Staff and JP Morgan "Hit Man") began the latest silver manipulation operation back in January. Daley announced in November that he is "transitioning out" of his position.

Basically, we have come full circle and reached the END of this round of silver manipulation.

Load up on physical silver at any price.

We're about to see our silver moonshot!

Bix Weir