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Post your ideas here.
Bankers use the same playbook over and over again. Load up on shorts and then call their buddies and raise the margin requirements. Works every time.
This screws everyone except the bankers.
We need a new system. This old one isn't working anymore. 1 thing we can do is contact our mining companies and ask them to stop supplying the exchanges. China and India would be happy to buy as much as they can from them directly. If they do this right they can list on a monthly basis what they have available. # of 1000 oz bars or whatever size or sizes they want to deal in. Buyers can be anyone that has the cash. You and me or any dealer or producer or sovereign nation.
You could also set up a non paper exchange to facilitate these transactions as well and then all miners could contribute to the total, same as they do on COMEX and LBMA but without the paper derivatives. Only those with actual metal can sell on the exchanges and no naked shorts allowed. This is true price discovery. Maybe this is what China is doing but I don't know enough about their system to know for sure.
Mining companies need to get on board though. This game the bankers are playing is screwing everyone and every shareholder around the world.
Set up exchanges in Central and South America (Is China doing that already?)
Since the majority of silver comes as byproducts of other mining operations that would barely matter to most companies. Perhaps they could just with hold the silver entirely from the markets and wait for better prices? We already have seen huge demand for well over 100 an oz silver. No reason to sell it at 50.
Let's hear some other ideas to end the manipulation. Forget government involvement. They are part of the problem.
Bankers use the same playbook over and over again. Load up on shorts and then call their buddies and raise the margin requirements. Works every time.
This screws everyone except the bankers.
We need a new system. This old one isn't working anymore. 1 thing we can do is contact our mining companies and ask them to stop supplying the exchanges. China and India would be happy to buy as much as they can from them directly. If they do this right they can list on a monthly basis what they have available. # of 1000 oz bars or whatever size or sizes they want to deal in. Buyers can be anyone that has the cash. You and me or any dealer or producer or sovereign nation.
You could also set up a non paper exchange to facilitate these transactions as well and then all miners could contribute to the total, same as they do on COMEX and LBMA but without the paper derivatives. Only those with actual metal can sell on the exchanges and no naked shorts allowed. This is true price discovery. Maybe this is what China is doing but I don't know enough about their system to know for sure.
Mining companies need to get on board though. This game the bankers are playing is screwing everyone and every shareholder around the world.
Set up exchanges in Central and South America (Is China doing that already?)
Since the majority of silver comes as byproducts of other mining operations that would barely matter to most companies. Perhaps they could just with hold the silver entirely from the markets and wait for better prices? We already have seen huge demand for well over 100 an oz silver. No reason to sell it at 50.
Let's hear some other ideas to end the manipulation. Forget government involvement. They are part of the problem.
