Something very sinister is happening in Silver! - Bill Muprhy

Published on Oct 2, 2014

Bill Murphy, Founder Gold Anti Trust Action Committee speaks on the continued manipulation in gold and what he thinks is driving the silver price down.

http://www.youtube.com/watch?v=Yw5Oi3FLqzk#t=375

The Coming Stock Market Crash and The Death of Money with Jim Rickards

http://www.youtube.com/watch?v=tQBia1Mw9Vw

There is definitely an equities bubble and overvaluation of internet stocks like facebook and twitter.

The metrics are showing expansion not seen since the 1999 dot com bubble.

Equities rising at 16 times earnings..

P/E ratios that common sense says are absurd. Facebook is over 88..

Twitter trading at 200 times earnings. It's valued at $32 billion and still hasn't turned a profit since its IPO. It lost over half a billion dollars in the last 12 months..

And people are still buying this..


I guess the FED can wave its magic wand and make everything ok..

from fri... harveys report

silver contracts are in very strong hands and as I have indicated to you on countless occasions, this will continue to bring nightmares to our bankers. Probably this is as good a reason as ever for the bankers to raid on a continual basis trying to force those longs to puke their interests. The big test will be the OI reading for the entire complex on Monday.
If it does not fall appreciably, the USA will undergo a scorched earth policy against our sovereign silver longs. No doubt they will not pay attention to the west's shenanigans.

It looks like China is still in a holding pattern ready to pounce when needed.
The open interest on silver is still highly elevated. Gold has a low OI with a low gold price. Silver has a high OI with a low silver price. Something has got to give!!

As far as the silver inventory, it looks compromised as well. Shanghai is in complete silver backwardation and yet comex seems to import huge amounts of silver. Note that every day we say either 500'000 or low 600,000 entry as a deposit or withdrawal. The odds of this happening 3 out of 5 days on the comex on a continual basis is suspect.
These look like a paper deposit/withdrawal where no real metal enters or leaves. Only when silver metal leaves an official vault does real metal leave.

edit detail... it will hit the fan when the market does its
drop and people will want to take delivery on their contracts... thats when you'll see everything go to the moon... don't know
how much longer these boys with the gaming machines can keep shorting this... there really is not that much inventory.