!-- Go to www.addthis.com/dashboard to customize your tools -->
Hardinvestor HardinvestorTraduire: TraductionSuivre:  Hardinvestor sur TwitterHardinvestor sur FacebookVidéos Hardinvestor DailymotionVidéos Hardinvestor YoutubePartager:  Partager

Hardinvestor- Investir sur l’or et l’argent Hard Investor   |  Silver is King, Go gold!

Pourquoi et comment investir dans l’or et l’argent ? Plus qu’un placement d’opportunité, il s’agit avant tout de sécuriser le pouvoir d’achat de votre épargne contre l’érosion monétaire et les conséquences de la crise systémique mondiale, tout en déjouant les pièges que réserve le marché de l’or et de l’argent, à l’investisseur non averti.


 

 Partagez  |

Silver: Ca commence quand même à bouger chouilla sur la manipe

Voir le sujet précédent Voir le sujet suivant Aller en bas
MessageAuteur
MessageSilver: Ca commence quand même à bouger chouilla sur la manipe
par g.sandro Jeu 25 Sep 2008 - 21:17

CFTC relents and probes silver market

Submitted by cpowell on 05:51AM ET Thursday, September 25, 2008. Section: Daily Dispatches
Persistent Complaints of Foul Play Draw the Still-Skeptical Agency to Investigate

By Carolyn Cui
The Wall Street Journal
Thursday, September 25, 2008

http://online.wsj.com/article/SB122231175151874367.html

With silver prices falling this past summer, silver bugs worldwide set out to prove that their metal was in short supply and market manipulation was at work. They bombarded federal regulators with hundreds of emails crying foul play and demanded answers.

Though such pleas proved futile in the past, this time the rousing chorus grabbed regulators' attention. On Wednesday the Commodity Futures Trading Commission confirmed that there's an investigation into the silver market.

The CFTC isn't yet convinced there's systemic wrongdoing and in May published a report saying as much. But the agency decided to take a fresh look, in part to show critics that it checks out complaints, and also to make sure there isn't something new to uncover.

"We take the threat of manipulation in the futures and options markets very seriously and employ a number of measures to prevent, identify and prosecute it," said Stephen Obie, acting director of the agency's division of enforcement.

Silver investors have argued that a handful of U.S. banks have been controlling a large portion of silver's short positions -- or bets that prices will decline -- on Comex division of the New York Mercantile Exchange. Official data from the CFTC showed that two U.S. banks had increased short positions in the silver futures market between July and August by 450% and controlled 25% of the total open interest.

"The proof that this selloff was criminal lies in public data," wrote Theodore Butler of Cape Elizabeth, Maine, in August in a silver newsletter. "The concentrated sale of such quantities in such a short time" caused silver's fall, wrote Mr. Butler, who for many years has been vocal about purported silver-market manipulation. In September he reiterated to readers that they should email the CFTC.

The CFTC had argued in May that the large banks that people assailed for manipulating the market were instead acting appropriately as market makers, who take on futures positions to offset their exposure in over-the-counter markets. Therefore, these traders aren't "naked shorts" and won't benefit from long-term depressed silver prices. Many analysts agree with the agency's conclusion.

Silver stalwarts weren't persuaded. Jason Hommel, a newsletter writer based in Penn Valley, Calif., directed readers to visit their local coin shops at 2 p.m. on Sept. 2 to size up for themselves whether there was a silver shortage. From Michigan to North Carolina and beyond, he says, investors trekked to coin shops. Many reported no silver for sale.

Bart Chilton, one of the CFTC commissioners, said he has received about 700 emails from silver investors since August, far more than the estimated 100 he received from May to July. Mr. Chilton, a Democrat who has criticized the CFTC as doing a poor job communicating with consumers, says he has spent nights and weekends personally answering emails.

Historically, silver has been a volatile market. This year it saw a near-50% drop and remains down 9.5% on the year. Gold is up 6.5%. The agency has long heard from frustrated silver investors. In 2004, it published an open letter by Michael Gorham, then the agency's director of market oversight, after receiving more than 500 letters and emails from silver investors.

That the enforcement rather than oversight division is taking on the issue marks a difference from the CFTC's previous efforts regarding the silver market. The oversight division performs overall market surveillance. The enforcement division looks at activities in a specific time period.

* * *

Join GATA here:

Toronto Resource Investment Conference
Saturday-Sunday, October 4-5
Metro Toronto Convention Centre, Toronto, Canada
http://goldshow.ca/ch_tor2008.html

New Orleans Investment Conference
Thursday-Monday, November 13-18, 2008
New Orleans Marriott Hotel
http://www.NewOrleansConference.com

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at http://www.gata.org/.



Silver is king, Go Gold !
© G.Sandro Forum Argent Or, pas de copier collé, faire un lien vers ce post
Suivez Hardinvestor sur Twitter et sur Facebook


   g.sandro

  Captain
 Captain

  avatar

  Inscription :   04/02/2005
  Messages :   12537

Revenir en haut Aller en bas
MessageRe: Silver: Ca commence quand même à bouger chouilla sur la manipe
par marie Jeu 25 Sep 2008 - 22:16

le dernier § est en effet interessant... quoi que je n'en attende pas plus que d'habitude.. mais c'est parfait de les mailer ( et je vois avec satisfaction qu'ils ont été inondé de mails ), ça les met ds ma m..

Citation :
That the enforcement rather than oversight division is taking on the issue marks a difference from the CFTC's previous efforts regarding the silver market. The oversight division performs overall market surveillance. The enforcement division looks at activities in a specific time period.

en plus, j'ai vu passer un autre article de bloomberg comme quoi la cftc investigait sur manip hedge funds qui aurait vendu les financiéres en propageant des rumeurs sur leur santé financiére ... SIC !!!
j'ai bien l'impression qu'ils ont pour mission un tout autre boulot que ce que les silver investors réclament ..

quoiqu'il en soit. et pour notre affaire.. time will tell



© Marie Forum Argent Or. reproduction interdite : pas de copier-coller. Faites un lien vers ce post. Suivez Hardinvestor sur Twitter et sur Facebook

   marie

  Skipper
 Skipper

  avatar

  Inscription :   05/02/2005
  Messages :   19808

Revenir en haut Aller en bas
MessageRe: Silver: Ca commence quand même à bouger chouilla sur la manipe
par g.sandro Mar 30 Sep 2008 - 0:32

ce qu'en dit le Silver Boss...

Meet The New Boss, Same As The Old Boss?



N'empêche, ce mec, il est vraiment extra... quelle plume...! Elle est à la fois
synthétique, pédagogique, fluide, pertinente et... convaincante...La classe !

http://news.silverseek.com/TedButler/1222712899.php



Silver is king, Go Gold !
© G.Sandro Forum Argent Or, pas de copier collé, faire un lien vers ce post
Suivez Hardinvestor sur Twitter et sur Facebook


   g.sandro

  Captain
 Captain

  avatar

  Inscription :   04/02/2005
  Messages :   12537

Revenir en haut Aller en bas
Silver: Ca commence quand même à bouger chouilla sur la manipe
Voir le sujet précédent Voir le sujet suivant Revenir en haut


Page 1 sur 1
Permission de ce forum:Vous ne pouvez pas répondre aux sujets dans ce forum
Hardinvestor :: Argent - Or - Monnaie - Géopolitique / Forums publics :: Forum Or, Argent, Métaux précieux-
Sauter vers:




cours de l’or en dollar   cours de l’argent en dollar   cours du Hui   cours de l’or en euro   cours de l’argent en euro   ratio or argent