It is precisely because so many people are willing to believe in exorbitant projections of silver and gold prices that they are going to be disappointed.
"Give me control of a nations money supply and I care not who writes the laws." Rothschild
9$, 50$, 150$, 500$, 5000$, or 9999999999$ per ounce for silver or gold is meaningless as the current 'money' supply is fake, just like the silver and gold certificates the same banks printed for many of you. The only debate we need to have is what method the 'People of the World will use to sentence the bankers to death with ~ Beheading or Hanging?
S'funny, REALLY good hearted people like me have always had a sixth sense for picking out the villians. The truth has always rung loud, thats why we get exited, the GOOD people, we're desperate for truth and right to be heard... WE THE GOOD PEOPLE CAN SEE YOU ALL WETHER YOU LIKE IT OR NOT. WE JUST NEVER TELL YA. And i tell ya, my mouth has slimed over and my lips turned to a snarl watching ol' Jeffy boy...
Thumbs up if u got the gift and can sniff evil even through a moniter?
@kamaujackson811 my ignorance? hey fool. when economys slide , the demans for silver also declines.do you live in a cave. have u n not seened whats happining in euorope? greece,italy,and who next? spain? are having sereous problims right now. the price of silver coud drop to the 20's
The silver market is a paper casino. Take advantage of the artificially low prices while you still can because once shorts become exposed, silver will explode past $50!
Investors are not all bulls because they should always be considering when to exit and watching programs like this (maybe like yourself?)
I actually do define "bubble" as "easy demand induced (often via easy borrowing)"; contrasted with "mania" as "easy supply reduced (such as with the tulip mania where supply was just too easy in the end)". Gold and silver have a hard time fitting either bill but can fluctuate from the result of bubbles and manias.
seems as if the whole silver market is governed by leasing out silver to make a quick buck ...thiers no long term safety in holding a contact...begin to wonder what the word contract has to do with it.... if they keep changing the rules as they go?
@peanut110962 That's another flaw, to wrongly assume I used "investor" to mean "bull". I didn't.
You need a random sampling if you want to analyze the population as a whole, or at least a random sample of general investors to analyze silver sentiment.
Btw, financial bubbles are credit induced and not measured by sentiment alone. Are you suggesting people are borrowing into silver? Paper silver is heavily leveraged, however, not so for bullion.
Jeffrey Christian unfortunately smashes Bill Murphy down. But he does so by making the argument that JPM & Co are not losing money on the boullion market but what kind of an argument is that to explain that SO THERE CAN'T BE manipulation.
That's ludicrous. Of course they only corner and manipulate the market to make money not to get a loss. Duh. Bill's a bad orator.
Because obviously that's no dis-proof at all, if anything it is proof of a rational for manipulation.
While he says there's no price manipulation, gold still goes above 2000 simply because large number of Dec 2000 longs, that isn't manipulating the market just a little bit?
@Baileygeep7 Yeah, "manipulation" really depends on the number of people involved in a price move. If it's one or two, then so called. If it's everybody else, then not called. So it's basically everyone else saying it's not fair and asking for position limits on other individuals who have deeper pockets. If it were just the future's market with no tails wagging dogs, then this could just be an argument between gamblers, but I think it's actually those in the physical market getting pissed.
@peanut110962 You have to look at the sample population. The only people interested in this debate are silver investors. So your survey of the comments is flawed.
That said, I totally agree that many of them lack self doubt. To me, even as a holder of silver bullion, there are too many black boxes, the biggest being China, to justify such certainty.
a cover up does exactly as it says on the tin...it covers up the truth to make everything look different, and when you have massive bodies like jp morgan, the fed, the lbma, bank of england all in it together its no suprise that everything is looking so prim and proper to the rest of the world....or is it...c u all in a years time:)
the biggest fraud in the world right now is our monetary system. its just a web of IOUs of nothing in which a small percentage is paper; which is not a hard asset or even a asset of any sort, so why at all it would have value is due to imagination and misinformation.
Can someone say the same statement about gold and silver... YES... what about physical gold and silver... NO.
All you really need to know to free yourself from a endless and mindless scam.
Well I personally don't worry about this manipulation, if it does happen. Because we know there are more paper trades for silver than the amount of physical that exists in any brokerage house. So those who are buying physical will be handsomely rewarded in coming years. I think they are both being honest based on the evidences they have in their hands. But I don't feel this debate really shed any light on anything, nor were any "facts" brought forward beyond taking someone's word for it.
@brown55061 Do you ever wonder though if maybe all those trading paper silver only want to trade paper? If they really wanted to trade into physical, they would, wouldn't they? Trading paper and going long actually makes little sense to me because it does nothing to squeeze the physical supply so you're not even helping bring about what you're gambling on. So I wouldn't count on them entering the physical market.
Interesting thoughts. I have wondered similar things. The only thing that will force masses into the physical market is if the US defaults in an ugly way, which I don't think will ever be admitted. At least not for a couple years. They will likely just take the easy route and print their way into oblivion, which will just allow paper silver traders to still win and also helps banks who are long.
@brown55061 Yeah, but if the masses go to silver after being burned by the dollar, they'll be broke masses with little left to trade into silver. Maybe that's why we haven't seen a squeeze yet, that and the people who have been selling because they've lost everything else. Still, yeah, the exodus from the dollar should bring silver back to trading as a precious metal. I guess I'm just trying to think of reasons why a squeeze is taking so darn long.
This debate was so unprofessional; few facts, names, dates, or stats. Bill Murphy talked so fast and rambled so much that he was impossible to follow. Christian's predictions have been way off and the guy does not come across as credible to me at all. One thing that no one seems to disagree with is that the paper market is a joke and is not real silver that is trading hands, but rather a paper promise.
I would like to say that why Jeffrey did not once look at the floor (audience) or camera? And his final assessment was so vague it was worthless, it seems he may have some defence to the argument, but he does not believe it himself! Is he trustworthy? I would have to agree with bill, not all but the fundamentals sound right.
Not supposed to be a silver debate but on gold manipulation, although at a silver conference, but a pretty rubbish debate anyway. Christian is a more experienced debater but have to say his answer to the accusation on the Chinese email was totally inaccurate - but overall no particularly significant point made by either side. The likelihood is that there is some gold manipulation in the same way there is currency manipulation - why would one expect anything else.
Not supposed to be a silver debate but on gold manipulation, although at a silver conference, but a pretty rubbish debate anyway. Christian is a more experienced debater but have to say his answer to the accusation on the Chinese email was totally inaccurate - but overall no particularly significant point made by either side. The likelihood is that there is some gold manipulation in the same way there is currency manipulation - why would one expect anything else.
Stop the markets using computers and all this would stop, the system is set up to react to the manipulation of the banksters, they flood it with paper and all the algorythems react as they want.
VERY INTERESTING! "You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it. Were you listening to me , or were you looking at the woman in the RED DRESS!" They really are taking the pis$ out of us! Let them bring it...
Little peace of info, before the Federal Reserve, gold and silver had a ratio of around 16 to 1 now the ratio is something like 50 to 1. I think silver will go above $50 much sooner than later.
I love gold and silver, but I thought Jeffrey owned Bill on this one. All the bugs think anything sane is disinformation, or the guy was trained in FBI tactics. Come on! Think for yourselves. Silver aint gonna hit $50 again until 2015 at least
Worse yet, Bill had no new arguments. He's just regurgitating what he's been saying for that past 5 years. He's not no new case, Jeff's got new perspectives and legal credibility.
@lh2000 "Silver aint gonna hit $50 again until 2015 at least"
LOL you are a clown!!! I am going to have to archive this video to watch it in a years time just to gloat at your stupid comment, meant to spread fear in the minds of investors....fail
@TheLusseyran chill out. I own gold and silver as well. but I look at it as a long term investment to preserve my purchasing power, not to get rich on it.
Silver's at $32.5 now, if it hits $50 that's a gain of 50%+!! Economy's not great, silver industrial demand won't be a major driver. Investment will come from inflation hedgers. My take: A McD meal costs about $3.25 now, I think by 2015 the same meal will $5. obviously, I believe silver suppressed, and will be suppressed going forward
@lh2000 Bill doesn't have new cases because he doesn't need to. This is game is very old and it has been played for a very long time. Jeffery has been in a lot of trouble since he admiteed the 100:1 paper:physical manipulation. He is been told to fix that!! hence he keeps showing up with disinformation. But overall I think this was a great debate. In all fairness Bill should have come a little stronger though!!
we need more two sided debates, than currently the silver bugs one sided biased view.
I've always believed there was plenty of silver but I don't see why that would stop me stacking. you accumulate for safety from paper money, most are doing so in hopes of getting rich quick, it wont happen, if it does, it wont be for a long time...
silver is a metal people go into for the wrong reasons, for which you will have dire consequences..
@Out9922 Dollar range for 1 year, November 1, 2010 to November 1, 2011 is 25 - 48.48. An even bigger actual range. I guess Jeff is saying that silver won't get back to close to 50 next year?
Usually govt. whistleblowers are removed from history books, and anyone believing in him considered a kook. I guess Jeffrey was schooled well in FBl tactics. And he avoided question, as to why margins were raised 6 times (I think) during May smackdown. Also sovereign wealth funds, or private individuals don't finance mining start up (with some rare exceptions)
When are central banks going to start buying silver too? It seems they only buy gold. Maybe we will return to a gold standard, not a gold and silver standard, because of debit and credit cards.
Ugh.... That was just terrible. I really think a lot of credibility just went out the window for Gata. I really hope they clear up some of the questions JC raised regarding Gata distorting the facts.
I'm really surprised BM did do his due diligence on Andrew Maguire.
Personally I laugh at any person giving his theory (there isn't any facts) on gold & silver being manipulated (it’s all theory), it just makes the bugs look bad when they claim to know, especially when there confronted with facts they’ve twisted to suite there agenda, this makes matters worse for everyone.
PS This is a sad day for silver & gold conspiracy theorists…. Why do we need a conspiracy to accumulate gold or silver?
man, I believed in silver manipulation until Murphy opened his mouth..this guy has no authority, no confidence...this being said, manipulation is still possible, regardeless of Murphy sucking big time.
I this all there is? One half hour debate? I thought it would be more than an hour.Christian seemed very controlled and at ease. On the other hand Bill Murghy who I have followed for a long time was not at ease at all.Just look at him.That comment about I bet you 5000 bucks was just so unprofessional and infantile. I wish I had not seen this debate.
If you take all the gold inside the earth and spread it equally across all the earth's surface land area, It would be knee deep. In every cubic kilometer of earth's crust there is 3 cubic meters of gold (worth $2.5 billion). If the gold price go above $4000 you 'll see gold mines getting started in every corner of earth. As gold bugs we won't interested in hearing this kind of scientific fact. We keep dreaming that this rock we carrying would be worth something. Good luck to we the pessimists.
@tholarthangamuthu I understood that the amount of gold we have on earth can fit inside one or two Olympic size pools. I have only been at this a couple of years and I am not a trader, but I did buy several thousand oz of silver and 40oz of gold. I bought based on what folks like Bill had said. This debate just confuses me more.I thought Mr.Christian handled himself well and very professional.Those opposed do not seem professional, just look at these comments and their language.
@nld1960 Total gold taken out so far by humans would fit in 2 Olympic size pools. But if you take all the gold inside earth and spread it across whole of earth's surface land area, It would be knee deep.
@nld1960 Sorry to disappoint you. There is 70 times more silver inside earth than gold. It is the cost of extraction which determines price. Sure Gold/Silver is precious metal than lets say Aluminium or Copper. But even with the small percentage, amount of precious metal inside earth is really big. Mining/Extraction methods keep improving and become cost efficient over time too. It is the price which determines how much gold would extracted out.
@tholarthangamuthu the sea is full of gold but it wouldn't be cost effective to extract it even at $100000/toz gold. The abundance in the average cubic km of earth is tiny - it's so rich is some places it makes the average grade go up. Even if gold and silver were 10 times more expensive now, the newly economic locations would take 5-15 years to get up and running. Gold and silver may not stay at ludicrously high prices but I think they will get there briefly and that's all we need! ;)
I was just thinking... I believe we're witnessing currency destruction; gold won't have to reach new highs in real terms for us to be wealthier - as long as it keeps up nominally and other things don't it will increase in purchasing power against those things - property, land etc. and that's good enough for most people.
@tholarthangamuthu I calculated this and it's 3 Olympic size pool to a depth of 2 metres. That actually sounds a lot but to put it in perspective, according to figures I can find, we mine and consume that much iron every 1 hr 50mins!
@nld1960 Christian has been very offensive towards members of gata so that may be a contributing factor. I tend to trust slick operators less - it seems so rehearsed. Also, Christian has been dead wrong for 10 years whereas the gata camp have been much more accurate. When you study this you realise that manipulation was overt policy for years in the past so it's not a stretch to think it is occurring now, particularly when you see the action in the markets day after day.
@dotsthots Thank you so very much for that. I only know Bill Murphy from a now and then blog or YT video. I have never seen or heard Christian. Now I know.
Thank you again, that is good to know--makes me feel a little better. I would have liked it, if it was longer than just 30 minutes.
He's protecting interests he's worked for his ENTIRE life. It's no surprised that he's working with blinders on because it's in his interest to do so.
Lets take a close look at human nature. Greedy, selfish scheming behaviour, ESPECIALLY at such high levels of business where we have HISTORICAL evidence of these financial institutions manipulating government, life and the worlds wealth from its highest levels.
@tholarthangamuthu that sounds like absolute bullshit. Why is gold a "precious metal" if there's enough for everyone on earth to roll around in. The whole purpose of gold is that you can't just print - and If there's so much gold in the world, it would be useless as a monetary metal.
@natritious1 You can dig out gold from any parts of the world. Some place is called gold mine, if the gold concentration in sand is about 10 times higher than it is in ordinary place. If the gold price goes above lets say $4000 then it would be cost efficient to dig gold out from any place in the world. Search for "Abundance of elements in earth" and do the calculation yourself. This came in discovery channel also.
"They don't want to see other countries turning to gold reserves instead of the U.S. dollar or euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency. China's increased gold reserves will thus act as a model and lead other countries toward reserving more gold. Large gold reserves are also beneficial in promoting the internationalization of the renminbi."
"According to China's National Foreign Exchanges Administration, China's gold reserves have recently increased. Currently, the majority of its gold reserves have been located in the United States and European countries. The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold's function as an international reserve currency. "
I have been a gata believer but Bill Murphy did not come off well in this debate in my opinion- erratic and agitated. Christian came off clear and organized about his facts. It makes me wonder if I have been duped. I am not saying Murphy is wrong but he wanted to bet Jeff $5000 but did not seem to have the details about McGuire's employment. This was sobering for me. I may sell some metals on a spike up.
fact: solar energy has been sponsored > fact they needed silver and have stock piled it > lesser funding from tapx payers money > now solar industry is dumping its silver on the market > Q : is that a sign of shortage?
I guess GS has that guy in his pockets. lol Nothing he says can be believed. The fed is owned by JPM chase and Goldman Sachs just to name a few. The guy is a very well paid mole. we all know JP and HSBC manipulate the commodities market and soon it will all be unraveled. I wonder what rock he will hide under once his credibility is compromised?
@Nellnyc10032 if they quack like a duck and move like a duck, then it's manipulation. Margin increase anyone? the may take down? the most recent take down? Anyone? or is it by chance that these things happen on a holiday weekend when the markets in the US are closed. Anyone?lol you can fool some of the people some of the time but you can't fool all of the people all of the time.
JP Morgan, Rothschilds, Goldman Sachs and other criminal banks have accumulated their wealth through fraud and deceit, it's in the history books and they continue to do so. The markets are manipulated. Big hands control markets.
There are obviously shenanigans going on with gold and silver, but JC is a typical school-tie debater, his conduct making BM look silly. A good wake-up call to those of us understanding the bigger picture, not to get caught up in too much hype expecting the "big play" any day soon. Stay focussed on the end game.
@aurydragon I like to call Jeff a fox in the hen house. He worked at GS. That's a fatal lead that he's in cahoots with financiers. He busted Bill's earlier attacks because of insubstantial evidence, but it's hard to get evidence given how the banks are able to essentially conceal their paper trail and use spinoff companies. It's like they're trying to out-Enron Enron.
No matter how well Jeff refutes, its like you just know theres mad corruption going on inside. It's just hard to get evidence...
Bill Murphy didn't seem equipped with the task. But he sure as damn got him when he mentioned the may 01 flashcrash.
Like, how in the hell can you trade 1 billion ounces of silver in a day? it took Eric Sprott something like 4 months to get 25 million ounces off the exchange.
And furthermore. Why did they raise margin requirements with the excuse of reducing volatility, causing UNPRECEDENTED volatility not seen since the hunt bros.?
This is steaming with corrupt practice and insider trading.
I hope Jeffery Christian is wrong about silver and gold... He seems so militantly against any idea that the banks and organisations could possibly have any influence in manipulating the prices AT ALL... This guy is a stooge... Im confident gold will continue to rise, but I think silver my struggle to hit $50 in the next 6 months.. it will be trapped in a sideways range... I hope im wrong..
Well I think JC won that debate hands down - sharp answers, fully across each and every question - excellent probing questions about Andrew Maguires authenticity. In contrast BM was nervous ineffectual and clearly agitated by BC. Having seen this I'm now on the fence regards the Ag manipulation. However, given the marco economic backdrop Au is headed higher, of that I have no doubt.
@adam9a9 doesn't matter who won the debate, what matters is reality and anyone who can read a graph or see what the charts have been doing can see that the markets are being manipulated via paper not backed by existing silver.
Jeffrey Christian won the debate and was successful in pointing out that GATA distorts the facts. It's good that we're able to see both sides debate over the information. I think most people want to get rich off of silver but it's not going to be that easy. If silver hits 500 dollars an ounce then how much will everything else be?
Bill was not the right person to debate this, maybe Ted Butler? Sprott? Rickards?Jeff said before there are 100 times more paper gold traded than physical, so the real price of physical IS 100 times its present value. Period. Jeff made a more convincing appearance although on the wrong side...
Quote Ferdinand Lips: "Years of study convinced me that there is a strong CRIMINAL agenda to illegally suppress the price of gold..." This guy worked as a banker for the Rothschilds, look it up.
Jeffrey Christian is obviously payed to lie and spread disinformation. Remember, the biggest money in the world (Rothschild) is involved in this massive manipulation fraud in the silver market. Of course they have people like Jeff spreading disinformation to misslead the public, he is a payed actor recieveing his paycheck from the elite.
@hpw59 I think you have misconstrued nervousness with anxiousness and a bit of anger at Jeffy's blantant lies and typical responses he expected he would make.
It is precisely because so many people are willing to believe in exorbitant projections of silver and gold prices that they are going to be disappointed.
yuhanpanda 2 months ago
"Give me control of a nations money supply and I care not who writes the laws." Rothschild
9$, 50$, 150$, 500$, 5000$, or 9999999999$ per ounce for silver or gold is meaningless as the current 'money' supply is fake, just like the silver and gold certificates the same banks printed for many of you. The only debate we need to have is what method the 'People of the World will use to sentence the bankers to death with ~ Beheading or Hanging?
I vote beheading.
TheTrueJBV3737 2 months ago
S'funny, REALLY good hearted people like me have always had a sixth sense for picking out the villians. The truth has always rung loud, thats why we get exited, the GOOD people, we're desperate for truth and right to be heard... WE THE GOOD PEOPLE CAN SEE YOU ALL WETHER YOU LIKE IT OR NOT. WE JUST NEVER TELL YA. And i tell ya, my mouth has slimed over and my lips turned to a snarl watching ol' Jeffy boy...
Thumbs up if u got the gift and can sniff evil even through a moniter?
WAKEUPNOWDAMMIT 3 months ago
@gringosmasher1
Silver is an industrial commodity. Your ignorance is mind-boggling.
kamaujackson811 3 months ago
@kamaujackson811 my ignorance? hey fool. when economys slide , the demans for silver also declines.do you live in a cave. have u n not seened whats happining in euorope? greece,italy,and who next? spain? are having sereous problims right now. the price of silver coud drop to the 20's
gringosmasher1 3 months ago
Focus on stacking the silver. The value will soon show in the price - in this monetary system or whatever new monetary system.
FractalSigns 3 months ago
Silver will hit 50-65 next year and gold 2,400 2,700 thats my estimate.
TheRealtalk617 3 months ago
The silver market is a paper casino. Take advantage of the artificially low prices while you still can because once shorts become exposed, silver will explode past $50!
MSCompuServ 3 months ago
@peanut110962 Looks like back peddling, lol.
Investors are not all bulls because they should always be considering when to exit and watching programs like this (maybe like yourself?)
I actually do define "bubble" as "easy demand induced (often via easy borrowing)"; contrasted with "mania" as "easy supply reduced (such as with the tulip mania where supply was just too easy in the end)". Gold and silver have a hard time fitting either bill but can fluctuate from the result of bubbles and manias.
jgbloyd 3 months ago
seems as if the whole silver market is governed by leasing out silver to make a quick buck ...thiers no long term safety in holding a contact...begin to wonder what the word contract has to do with it.... if they keep changing the rules as they go?
gasdorf 3 months ago
@peanut110962 That's another flaw, to wrongly assume I used "investor" to mean "bull". I didn't.
You need a random sampling if you want to analyze the population as a whole, or at least a random sample of general investors to analyze silver sentiment.
Btw, financial bubbles are credit induced and not measured by sentiment alone. Are you suggesting people are borrowing into silver? Paper silver is heavily leveraged, however, not so for bullion.
jgbloyd 3 months ago
bill is a poor debater. He sound like a foaming on the mouth conspiracy theorist
outforsushi 3 months ago
@outforsushi Perhaps someone keeps adding something to his water?
jgbloyd 3 months ago
Google "Gold Wars" Ferdinand Lips.
gallatinfx 4 months ago
Jeffrey Christian unfortunately smashes Bill Murphy down. But he does so by making the argument that JPM & Co are not losing money on the boullion market but what kind of an argument is that to explain that SO THERE CAN'T BE manipulation.
That's ludicrous. Of course they only corner and manipulate the market to make money not to get a loss. Duh. Bill's a bad orator.
Because obviously that's no dis-proof at all, if anything it is proof of a rational for manipulation.
ricin3000 4 months ago
While he says there's no price manipulation, gold still goes above 2000 simply because large number of Dec 2000 longs, that isn't manipulating the market just a little bit?
Baileygeep7 4 months ago
@Baileygeep7 Yeah, "manipulation" really depends on the number of people involved in a price move. If it's one or two, then so called. If it's everybody else, then not called. So it's basically everyone else saying it's not fair and asking for position limits on other individuals who have deeper pockets. If it were just the future's market with no tails wagging dogs, then this could just be an argument between gamblers, but I think it's actually those in the physical market getting pissed.
jgbloyd 3 months ago
@peanut110962 You have to look at the sample population. The only people interested in this debate are silver investors. So your survey of the comments is flawed.
That said, I totally agree that many of them lack self doubt. To me, even as a holder of silver bullion, there are too many black boxes, the biggest being China, to justify such certainty.
jgbloyd 4 months ago
a cover up does exactly as it says on the tin...it covers up the truth to make everything look different, and when you have massive bodies like jp morgan, the fed, the lbma, bank of england all in it together its no suprise that everything is looking so prim and proper to the rest of the world....or is it...c u all in a years time:)
metcalfe1566 4 months ago
the biggest fraud in the world right now is our monetary system. its just a web of IOUs of nothing in which a small percentage is paper; which is not a hard asset or even a asset of any sort, so why at all it would have value is due to imagination and misinformation.
Can someone say the same statement about gold and silver... YES... what about physical gold and silver... NO.
All you really need to know to free yourself from a endless and mindless scam.
TheTrueJBV3737 4 months ago
There is no debate. Of course the prices are rigged! 100 to 1 paper trading on the Crimex, oops I mean COMEX!
ForThePeopleShow 4 months ago
Notice the Knights Templar upward arrow on the front of the stands.
anunnaki2006 4 months ago
Well I personally don't worry about this manipulation, if it does happen. Because we know there are more paper trades for silver than the amount of physical that exists in any brokerage house. So those who are buying physical will be handsomely rewarded in coming years. I think they are both being honest based on the evidences they have in their hands. But I don't feel this debate really shed any light on anything, nor were any "facts" brought forward beyond taking someone's word for it.
brown55061 4 months ago
@brown55061 Do you ever wonder though if maybe all those trading paper silver only want to trade paper? If they really wanted to trade into physical, they would, wouldn't they? Trading paper and going long actually makes little sense to me because it does nothing to squeeze the physical supply so you're not even helping bring about what you're gambling on. So I wouldn't count on them entering the physical market.
jgbloyd 4 months ago
@jgbloyd
Interesting thoughts. I have wondered similar things. The only thing that will force masses into the physical market is if the US defaults in an ugly way, which I don't think will ever be admitted. At least not for a couple years. They will likely just take the easy route and print their way into oblivion, which will just allow paper silver traders to still win and also helps banks who are long.
brown55061 4 months ago
@brown55061 Yeah, but if the masses go to silver after being burned by the dollar, they'll be broke masses with little left to trade into silver. Maybe that's why we haven't seen a squeeze yet, that and the people who have been selling because they've lost everything else. Still, yeah, the exodus from the dollar should bring silver back to trading as a precious metal. I guess I'm just trying to think of reasons why a squeeze is taking so darn long.
jgbloyd 4 months ago
I have noticed that every moring at about 3 am the price goes sharply DOWN. I've been wondering about this..
chico280 4 months ago
This debate was so unprofessional; few facts, names, dates, or stats. Bill Murphy talked so fast and rambled so much that he was impossible to follow. Christian's predictions have been way off and the guy does not come across as credible to me at all. One thing that no one seems to disagree with is that the paper market is a joke and is not real silver that is trading hands, but rather a paper promise.
gspotjazz 4 months ago
I would like to say that why Jeffrey did not once look at the floor (audience) or camera? And his final assessment was so vague it was worthless, it seems he may have some defence to the argument, but he does not believe it himself! Is he trustworthy? I would have to agree with bill, not all but the fundamentals sound right.
Daleep08 4 months ago
Not supposed to be a silver debate but on gold manipulation, although at a silver conference, but a pretty rubbish debate anyway. Christian is a more experienced debater but have to say his answer to the accusation on the Chinese email was totally inaccurate - but overall no particularly significant point made by either side. The likelihood is that there is some gold manipulation in the same way there is currency manipulation - why would one expect anything else.
goldstudier 4 months ago
Not supposed to be a silver debate but on gold manipulation, although at a silver conference, but a pretty rubbish debate anyway. Christian is a more experienced debater but have to say his answer to the accusation on the Chinese email was totally inaccurate - but overall no particularly significant point made by either side. The likelihood is that there is some gold manipulation in the same way there is currency manipulation - why would one expect anything else.
goldstudier 4 months ago
Jeffrey Christian Wins!
AlamoCityCello 4 months ago 2
They should have Bob Chapman debate, he would end this argument easy.
TheLibertyOmega 4 months ago
Bill Murphy speaks to fast, in the opening.
TheLibertyOmega 4 months ago
Ex goldman sachs employee., thats all we need to know about his credibility.
The evidence for manipulation is not only clear , it is overwhelming.
TheLibertyOmega 4 months ago 2
my prediction is that gold will trade in a range of...lets say....50 and 50000 over the next 12 months
gonobdotcom 4 months ago
START A PHYSICAL SPOT PRICE!!!!
bigrsoul 4 months ago
Stop the markets using computers and all this would stop, the system is set up to react to the manipulation of the banksters, they flood it with paper and all the algorythems react as they want.
bigrsoul 4 months ago
VERY INTERESTING! "You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it. Were you listening to me , or were you looking at the woman in the RED DRESS!" They really are taking the pis$ out of us! Let them bring it...
campeona5 4 months ago
21:20 - Market Manipulation summed up in 30 seconds.
Nice work Bill. Maybe next debate bring a sock full of 90% junk, for when Jeff calls you a liar.
EndTheFed59 4 months ago
i own gold, but you GATA crash JPM people are nuts
ezra106 4 months ago
This Jeffrey Christian fellow has the blinders on and needs to wake up.
All he does in this debate is smack down whatever Bill says and attempt to trip him up and go "HA! SEE YOU DON'T KNOW YOUR OWN FACTS!"
It's childish and typical in its tactics.
Mantyszyger 4 months ago
Little peace of info, before the Federal Reserve, gold and silver had a ratio of around 16 to 1 now the ratio is something like 50 to 1. I think silver will go above $50 much sooner than later.
RealCountyGOP 4 months ago
I love gold and silver, but I thought Jeffrey owned Bill on this one. All the bugs think anything sane is disinformation, or the guy was trained in FBI tactics. Come on! Think for yourselves. Silver aint gonna hit $50 again until 2015 at least
Worse yet, Bill had no new arguments. He's just regurgitating what he's been saying for that past 5 years. He's not no new case, Jeff's got new perspectives and legal credibility.
lh2000 4 months ago
@lh2000 "Silver aint gonna hit $50 again until 2015 at least"
LOL you are a clown!!! I am going to have to archive this video to watch it in a years time just to gloat at your stupid comment, meant to spread fear in the minds of investors....fail
TheLusseyran 4 months ago
@TheLusseyran It already hit 50 and went down and will go up sooner or later.
Mantyszyger 4 months ago
@TheLusseyran chill out. I own gold and silver as well. but I look at it as a long term investment to preserve my purchasing power, not to get rich on it.
Silver's at $32.5 now, if it hits $50 that's a gain of 50%+!! Economy's not great, silver industrial demand won't be a major driver. Investment will come from inflation hedgers. My take: A McD meal costs about $3.25 now, I think by 2015 the same meal will $5. obviously, I believe silver suppressed, and will be suppressed going forward
lh2000 4 months ago
@lh2000 I hear you, but we will see 50 silver a lot sooner then 2015....much much sooner
TheLusseyran 4 months ago
@lh2000 Bill doesn't have new cases because he doesn't need to. This is game is very old and it has been played for a very long time. Jeffery has been in a lot of trouble since he admiteed the 100:1 paper:physical manipulation. He is been told to fix that!! hence he keeps showing up with disinformation. But overall I think this was a great debate. In all fairness Bill should have come a little stronger though!!
fursatali 4 months ago
Good debate! Murphy's case is underwhelming.
iamgoddard 4 months ago
GATA VS GOVERNMENT TRAINED SHILL-DISINFORMATION AGENT SPIN DOCTOR!
hendo19742 4 months ago 2
Good job Daniela,
we need more two sided debates, than currently the silver bugs one sided biased view.
I've always believed there was plenty of silver but I don't see why that would stop me stacking. you accumulate for safety from paper money, most are doing so in hopes of getting rich quick, it wont happen, if it does, it wont be for a long time...
silver is a metal people go into for the wrong reasons, for which you will have dire consequences..
TheMmakk 4 months ago
I'd like to hear Bob Chapman's take on this debate.
gtiapr3 4 months ago
The guy in the middle did not let Bill finish how wrong Jeff has always been with his predictions.
MrEnglishful 4 months ago
Hey Jeff, 26-42 dollar range for silver, huh? Thats a pretty big range
Out9922 4 months ago 9
@Out9922 he's covering his ass. he might as well have said 10-50 range...
donniebrasco24 4 months ago
@Out9922 Dollar range for 1 year, November 1, 2010 to November 1, 2011 is 25 - 48.48. An even bigger actual range. I guess Jeff is saying that silver won't get back to close to 50 next year?
ShoppingIdiot 3 months ago
@Out9922 It may as well be $1 to $100 range for 2012.
nlucctw2 2 months ago
Usually govt. whistleblowers are removed from history books, and anyone believing in him considered a kook. I guess Jeffrey was schooled well in FBl tactics. And he avoided question, as to why margins were raised 6 times (I think) during May smackdown. Also sovereign wealth funds, or private individuals don't finance mining start up (with some rare exceptions)
rytis1 4 months ago
When are central banks going to start buying silver too? It seems they only buy gold. Maybe we will return to a gold standard, not a gold and silver standard, because of debit and credit cards.
duke1duke1 4 months ago
Bill owns Jeffrey 21:20
reveilleforradicals 4 months ago 9
Ugh.... That was just terrible. I really think a lot of credibility just went out the window for Gata. I really hope they clear up some of the questions JC raised regarding Gata distorting the facts.
I'm really surprised BM did do his due diligence on Andrew Maguire.
This was just bad.
iver2930 4 months ago
Murphy was very disappointing.
myusernameisluc 4 months ago
Personally I laugh at any person giving his theory (there isn't any facts) on gold & silver being manipulated (it’s all theory), it just makes the bugs look bad when they claim to know, especially when there confronted with facts they’ve twisted to suite there agenda, this makes matters worse for everyone.
PS This is a sad day for silver & gold conspiracy theorists…. Why do we need a conspiracy to accumulate gold or silver?
TheMmakk 4 months ago
12:44 and orc yelling
bezant1971 4 months ago
Murphy.......this debate was the moment to shine...... and you missed it totally
bezant1971 4 months ago 2
150 us trillion debt ill take the gold.
also take the bet put your 5000 grand were your mouth is
winner502 4 months ago
man, I believed in silver manipulation until Murphy opened his mouth..this guy has no authority, no confidence...this being said, manipulation is still possible, regardeless of Murphy sucking big time.
Omtaman 4 months ago
I this all there is? One half hour debate? I thought it would be more than an hour.Christian seemed very controlled and at ease. On the other hand Bill Murghy who I have followed for a long time was not at ease at all.Just look at him.That comment about I bet you 5000 bucks was just so unprofessional and infantile. I wish I had not seen this debate.
nld1960 4 months ago 6
J. Christian= former Goldman SUCKS. Nuff said.
MrSilvergoldsilver 4 months ago
If you take all the gold inside the earth and spread it equally across all the earth's surface land area, It would be knee deep. In every cubic kilometer of earth's crust there is 3 cubic meters of gold (worth $2.5 billion). If the gold price go above $4000 you 'll see gold mines getting started in every corner of earth. As gold bugs we won't interested in hearing this kind of scientific fact. We keep dreaming that this rock we carrying would be worth something. Good luck to we the pessimists.
tholarthangamuthu 4 months ago
@tholarthangamuthu I understood that the amount of gold we have on earth can fit inside one or two Olympic size pools. I have only been at this a couple of years and I am not a trader, but I did buy several thousand oz of silver and 40oz of gold. I bought based on what folks like Bill had said. This debate just confuses me more.I thought Mr.Christian handled himself well and very professional.Those opposed do not seem professional, just look at these comments and their language.
nld1960 4 months ago
@nld1960 Total gold taken out so far by humans would fit in 2 Olympic size pools. But if you take all the gold inside earth and spread it across whole of earth's surface land area, It would be knee deep.
tholarthangamuthu 4 months ago
@tholarthangamuthu I never knew that. I know that is not the case for silver, is it?
nld1960 4 months ago
@nld1960 Sorry to disappoint you. There is 70 times more silver inside earth than gold. It is the cost of extraction which determines price. Sure Gold/Silver is precious metal than lets say Aluminium or Copper. But even with the small percentage, amount of precious metal inside earth is really big. Mining/Extraction methods keep improving and become cost efficient over time too. It is the price which determines how much gold would extracted out.
tholarthangamuthu 4 months ago
@tholarthangamuthu the sea is full of gold but it wouldn't be cost effective to extract it even at $100000/toz gold. The abundance in the average cubic km of earth is tiny - it's so rich is some places it makes the average grade go up. Even if gold and silver were 10 times more expensive now, the newly economic locations would take 5-15 years to get up and running. Gold and silver may not stay at ludicrously high prices but I think they will get there briefly and that's all we need! ;)
dotsthots 4 months ago
I was just thinking... I believe we're witnessing currency destruction; gold won't have to reach new highs in real terms for us to be wealthier - as long as it keeps up nominally and other things don't it will increase in purchasing power against those things - property, land etc. and that's good enough for most people.
dotsthots 4 months ago
@tholarthangamuthu I calculated this and it's 3 Olympic size pool to a depth of 2 metres. That actually sounds a lot but to put it in perspective, according to figures I can find, we mine and consume that much iron every 1 hr 50mins!
dotsthots 4 months ago
@nld1960 Christian has been very offensive towards members of gata so that may be a contributing factor. I tend to trust slick operators less - it seems so rehearsed. Also, Christian has been dead wrong for 10 years whereas the gata camp have been much more accurate. When you study this you realise that manipulation was overt policy for years in the past so it's not a stretch to think it is occurring now, particularly when you see the action in the markets day after day.
dotsthots 4 months ago
@dotsthots Thank you so very much for that. I only know Bill Murphy from a now and then blog or YT video. I have never seen or heard Christian. Now I know.
Thank you again, that is good to know--makes me feel a little better. I would have liked it, if it was longer than just 30 minutes.
nld1960 4 months ago
@nld1960 Don't be discouraged.
He's protecting interests he's worked for his ENTIRE life. It's no surprised that he's working with blinders on because it's in his interest to do so.
Lets take a close look at human nature. Greedy, selfish scheming behaviour, ESPECIALLY at such high levels of business where we have HISTORICAL evidence of these financial institutions manipulating government, life and the worlds wealth from its highest levels.
These "elites" don't think like normal people.
Mantyszyger 4 months ago
@tholarthangamuthu that sounds like absolute bullshit. Why is gold a "precious metal" if there's enough for everyone on earth to roll around in. The whole purpose of gold is that you can't just print - and If there's so much gold in the world, it would be useless as a monetary metal.
natritious1 4 months ago
@natritious1 You can dig out gold from any parts of the world. Some place is called gold mine, if the gold concentration in sand is about 10 times higher than it is in ordinary place. If the gold price goes above lets say $4000 then it would be cost efficient to dig gold out from any place in the world. Search for "Abundance of elements in earth" and do the calculation yourself. This came in discovery channel also.
tholarthangamuthu 4 months ago
"They don't want to see other countries turning to gold reserves instead of the U.S. dollar or euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency. China's increased gold reserves will thus act as a model and lead other countries toward reserving more gold. Large gold reserves are also beneficial in promoting the internationalization of the renminbi."
ulirieger 4 months ago
"According to China's National Foreign Exchanges Administration, China's gold reserves have recently increased. Currently, the majority of its gold reserves have been located in the United States and European countries. The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold's function as an international reserve currency. "
ulirieger 4 months ago
Look, were you to enquire into any aspect of our current society, you would find it riddled with corruption and dishonesty.
So I ask you "what makes you think that the precious metals market would be any different?"
Especially, seeing as the entire system is built upon a foundation of fiat currency which is actually losing its value at an ever increasing rate.
And as such, MUST be made to appear to be better than it really is.
Otherwise, confidence would be lost, and the game finished.
NowisEvollovetion 4 months ago
I have been a gata believer but Bill Murphy did not come off well in this debate in my opinion- erratic and agitated. Christian came off clear and organized about his facts. It makes me wonder if I have been duped. I am not saying Murphy is wrong but he wanted to bet Jeff $5000 but did not seem to have the details about McGuire's employment. This was sobering for me. I may sell some metals on a spike up.
MrPhajlee 4 months ago
@MrPhajlee True
silverprime 4 months ago
fact: solar energy has been sponsored > fact they needed silver and have stock piled it > lesser funding from tapx payers money > now solar industry is dumping its silver on the market > Q : is that a sign of shortage?
Doenietmeermee 4 months ago
@Doenietmeermee it is a funding scam, that at least
Doenietmeermee 4 months ago
As much as I like Bill Murphy, Ted Butler would have handed Christian his head on a plater.
SIERRAHPBT 4 months ago 2
I guess GS has that guy in his pockets. lol Nothing he says can be believed. The fed is owned by JPM chase and Goldman Sachs just to name a few. The guy is a very well paid mole. we all know JP and HSBC manipulate the commodities market and soon it will all be unraveled. I wonder what rock he will hide under once his credibility is compromised?
Nellnyc10032 4 months ago
@Nellnyc10032 if they quack like a duck and move like a duck, then it's manipulation. Margin increase anyone? the may take down? the most recent take down? Anyone? or is it by chance that these things happen on a holiday weekend when the markets in the US are closed. Anyone?lol you can fool some of the people some of the time but you can't fool all of the people all of the time.
Nellnyc10032 4 months ago
Respond to this video... Enron wasn't engaged in fraud or Tyco, until they got caught. what about Bernie the Maddoff? lol it's all one giant ponzi.
Nellnyc10032 4 months ago 2
JP Morgan, Rothschilds, Goldman Sachs and other criminal banks have accumulated their wealth through fraud and deceit, it's in the history books and they continue to do so. The markets are manipulated. Big hands control markets.
mechanicalengineer3 4 months ago
There are obviously shenanigans going on with gold and silver, but JC is a typical school-tie debater, his conduct making BM look silly. A good wake-up call to those of us understanding the bigger picture, not to get caught up in too much hype expecting the "big play" any day soon. Stay focussed on the end game.
johnswanepoel 4 months ago
@aurydragon I like to call Jeff a fox in the hen house. He worked at GS. That's a fatal lead that he's in cahoots with financiers. He busted Bill's earlier attacks because of insubstantial evidence, but it's hard to get evidence given how the banks are able to essentially conceal their paper trail and use spinoff companies. It's like they're trying to out-Enron Enron.
No matter how well Jeff refutes, its like you just know theres mad corruption going on inside. It's just hard to get evidence...
aurydragon 4 months ago
Bill Murphy didn't seem equipped with the task. But he sure as damn got him when he mentioned the may 01 flashcrash.
Like, how in the hell can you trade 1 billion ounces of silver in a day? it took Eric Sprott something like 4 months to get 25 million ounces off the exchange.
And furthermore. Why did they raise margin requirements with the excuse of reducing volatility, causing UNPRECEDENTED volatility not seen since the hunt bros.?
This is steaming with corrupt practice and insider trading.
aurydragon 4 months ago 2
Someone just show us the vaults...Show me the gold and silver!
1imtrying 4 months ago
I hope Jeffery Christian is wrong about silver and gold... He seems so militantly against any idea that the banks and organisations could possibly have any influence in manipulating the prices AT ALL... This guy is a stooge... Im confident gold will continue to rise, but I think silver my struggle to hit $50 in the next 6 months.. it will be trapped in a sideways range... I hope im wrong..
sidkings 4 months ago 3
Well I think JC won that debate hands down - sharp answers, fully across each and every question - excellent probing questions about Andrew Maguires authenticity. In contrast BM was nervous ineffectual and clearly agitated by BC. Having seen this I'm now on the fence regards the Ag manipulation. However, given the marco economic backdrop Au is headed higher, of that I have no doubt.
01010Binary 4 months ago
Murphy was awful, he was stuck on many issues, while Christian was confident and refuted everything Murphy had to say.. 1 for christian and 0 murphy.
adam9a9 4 months ago
@adam9a9 doesn't matter who won the debate, what matters is reality and anyone who can read a graph or see what the charts have been doing can see that the markets are being manipulated via paper not backed by existing silver.
preparadox 4 months ago
All I have to say is..FRICKEN BANG ON!!!!!!!!!!!
1imtrying 4 months ago
Jeffrey Christian won the debate and was successful in pointing out that GATA distorts the facts. It's good that we're able to see both sides debate over the information. I think most people want to get rich off of silver but it's not going to be that easy. If silver hits 500 dollars an ounce then how much will everything else be?
grimygrime 4 months ago
Spot the psychopath...
MySuper2N 4 months ago
Excellent debate
makayud 4 months ago
Bill was not the right person to debate this, maybe Ted Butler? Sprott? Rickards?Jeff said before there are 100 times more paper gold traded than physical, so the real price of physical IS 100 times its present value. Period. Jeff made a more convincing appearance although on the wrong side...
SOUPSOUPification 4 months ago
@SOUPSOUPification I think your assessment is right on.
alyosha1974 4 months ago
Quote Ferdinand Lips: "Years of study convinced me that there is a strong CRIMINAL agenda to illegally suppress the price of gold..." This guy worked as a banker for the Rothschilds, look it up.
Transferofwealth 4 months ago 4
Jeffrey Christian is obviously payed to lie and spread disinformation. Remember, the biggest money in the world (Rothschild) is involved in this massive manipulation fraud in the silver market. Of course they have people like Jeff spreading disinformation to misslead the public, he is a payed actor recieveing his paycheck from the elite.
Transferofwealth 4 months ago 39
@Transferofwealth
Where did he lie? I think this debate severely undermined GATA's credibility, whether they are right or not.
myusernameisluc 4 months ago
GATA is the only entity that has full credibility in this debate.
ulirieger 4 months ago 32
@ulirieger
totally agree i have started following murphy's work this year which is really good work and research
mrtitko21 4 months ago
Why does Bill Murphy look so nervous?
hpw59 4 months ago
@hpw59 I think you have misconstrued nervousness with anxiousness and a bit of anger at Jeffy's blantant lies and typical responses he expected he would make.
KingJamesBible 4 months ago
Excellent debate. Hope to see more like this. Thank-you.
TheSilverWatch 4 months ago