quit frankly brother john ,you do good work ,the thing i hate about YouTube in America lately is all the trolls and jackasses that want to turn every serious discussion into some Jerry springer smack down ,this is for all you clowns who think this is a game,when the country is turned upside down and your killing one another for a can of baked beans ,i would like to see what your response will be , America has truly grown fat and happy ,because all any one has time for is trashing others.
brother john ,your not seeing it ,no one bought or sold or knew any thing ,your right about the corruption ,one bank sold its fake load of silver to another bank for fake money and they planned it with one another .so there was a guaranteed buyer for the seller ,don't over Analise it ,we all know the drill by now ,your right about the corruption since no real silver or gold really was sold and no real money was used ,this was simply a ruse a deception ,keep swinging buddy.
Yeah, I hadn't seen BJF's response to this, when I posted that. So I didn't realize that they were indeed going to turn this into a feud of sorts. I figured BJF would realize his mistake. Well, at least I think it was a mistake. Nobody else can verify that $10 Billion in silver traded in one minute, and it left no trace on the market, but if he believes in it without any evidence, who are we to argue! ;)
To add to my previous post, I use the Comex/Globex SI contract volume per minute as an indication of a raid.
300 contracts per minute is high volume and indicates the start of a strong raid.
1,000 contracts per minute is very high volume which happens from time to time during peak trading, but is never sustained. It is not unusual during pit trading hours, but indicates a very strong raid during Globex hours.
During the 3 hours of this particular raid, the peak minute was 850 contracts.
Because it's wrong. The data used was incorrect. See stellaconcepts' video on the topic. He asked for this video to be taken down because it's disinfo, but it remains up. :)
@PaulRon2008 in 2008 about 120M ounces sent Silver from round $20 to $9. That is why I am suspecting there is something wrong with this chart data. Furthermore as price didn't move much during that minute the sell order was done that means there was an equal or larger amount of buy (limit) orders at that particular price. Yet the price was allowed to drift lower later on with a lower volume. Seems strange. No doubt silver price is surpressed, I just question the behaviour of this instance.
How does one explain that at the moment 50,000 contracts were sold, the price didn't move. Was there coincidentally also 50,000 limit order (or more) on the buy side at that exact price and that absorbed all the selling? Sounds unlikely.
@PeaknikMicki The price did move before the volume actually came in. This is a little technical, but it works out like this.... the seller actually dumps 50.000 contracts on the market and asks for a specific price, but at that time there are no bids to match up with that amount, so the price will actually start going lower and lower until bids are found. At the time all 50.000 contracts are sold the volume pops in. So first the initial offering, then the volume (transactions).
1 more thing... total open int of the sep silver contract on 19th was 60.4k lots. If someone sold 50k lots they would be selling close to the total open interest... not possible. If it did really happen you would expect the Open Int to change by a large amount either higher if it was a new short or lower if someone closing a pos. but no OI was 59.7k on 18th, 60.4k on 19th and 59.8k on 20th. This vid is such rubbish i cant believe anyone would even contemplate it being real.
that 50k lots is a glitch in your data! My charts only show 3k lots in 5 mins at a peak at that time. also who is to say that it is someone else front running the order? why cant it be the same guy selling the whole time just trying to get volume done and then not being able to until someone bids for size. Someone else bought it.. who is to say its not a whole heap of algos just churing it very fast.. it was not just 1 order! go back look at the ticks and vol, def not 50k lots!
hey, guys! explain me something: everyone is scared, that this amount of silver was sold. okay. But keep in mind, that that seller needed a buyer, to buy that. So, who would be buying this amount? I am not an expert, just thinking about this... He may have sold silver, but someone bought it, am I right?
personally i think the buyer was another bank ,they sell back and forth to one another to drive the price up or down its obvious ,silver and gold are paper and don't really exist physically and the money is digital and is not there ,jp Morgan sells to HSBC and vise versa ,there both in on it and at times you will even see that one sold a certain amount and the other bought the same amount but the identities are hard to track ,one day they will be caught,
The HKME is starting its silver contract this Friday July 22nd! This officially breaks the Anglo American monopoly on silver. This will be the first time that Asians can buy and take future delivery of silver in Asia. No longer can the CME raise margins close to 100% in 8 days. (Then refuses to lower them despite a 30%+ drop in 5 days.) The extended hours should also stop the 10 am smack down since traders can now access the HKME.As Dillin sung THE TIMES THEY ARE A CHANGIN !
Just watched Stella's vid basically saying your numbers are incorrect. Meaning, if 10b worth was dumped in 1 min,. it would push silver to less than $30/oz. He does have a point......Or does he?
Stella mentioned in the comments for his vid that he's blocked from this channel (why I don't know). So I'm posting it here in hopes that BrotherJohnF has a chance to watch it and give a response to it. IMO this 1 minute spike was an error that occurred on the chart feed BrotherJohnF used for his vlog.
Yahoo has been sending out erroneous information since 7.18.11. Just found out, since I wasn't trading or tracking prices closely. It is significantly off, and Yahoo is working on a fix apparently.
@DavidAKZ I got notice through my portfolio tracking software... Personal Stock Monitor... they sent an alert. Here.
(July 18, 2011) Yahoo is sporadically feeding bad data which results in ridiculous prices in the half million range. This is unrelated to the PSM software but has been confirmed to be a problem with Yahoo's data feed and affects all versions of PSM. Once they correct this, your data will return to normal. We apologize...
@DavidAKZ I was actually wondering if this is Anonymous starting their assault on the industries. It would make sense to me, but it could also just be a glitch in Yahoo's coding. We'll see. Anonymous indicated late July as their time of attack, and specifically July 30th.
I was able to confirm that SI / GC were both active on 7.19.11 around 2pm. I have ThinkOrSwim, and the chart shows 772 (believe it's 100,000 shares) so 772,000 shares? at 14:04. At 13:49, GC was also active, at 1895 (1,895,000 shares?). I wish knew off hand the multiples, but 100,000 or 1,000,000 makes sense.
BJF, I checked other sites, and the spike you showed here doesn't appear. Looks like it was a data error. That explains why $10B didn't even move the market.
By the way, you said it was proof of COMEX manipulation, but the COMEX was closed when it occurred. Or rather, when it didn't occur. :)
Who took the other end of those trades? Surely someone was not laying in wait for $10B worth of paper silver in that very minute? computer rigging software for sure
LOL!!! THANK YOU ! Great Perception, What a SCAM and you found it. WOW, the comex cannot deny this blatant manipulation. Time for CONGRESSIONAL ACTION & an audit of FORT KNOX would be advisable.
@Alexiscom1 Indeed... who can actually hold this many contracts? Bloody good question! More to the point... Who can afford to take a position this large in the first place... whether in the money or not, long or short or not? The margin calls must be enormous... unless of course, an operator of this scale and magnitude gets some very 'Special Treatment' by the COMEX when it comes to coughing up their margins. Would anyone really be that surprised?
Good catch on the front-running. I love how 10B dollars was basically erased in one day. Something like this used to last about a month before it recovered.
Maybe some day in the future we will have 50,000 contracts trade in a single minute. Maybe on the day that the Comex crashes. Because that kind of volume would certainly bring about a crash.
But I guarantee that 50,000 contracts have never been traded on the Comex/Globex during a single minute.
Everyone has known Comex is a farce since Hunts in 1980 cornered and Comex changed the rules... why would it change now?
I don't disagree with you, but there are some possibilities:
Mexico making their move to base the peso on a gold-standard by raising cash to buy gold bullion cause they know there's not enough silver volume to prevent manipulation by other sovereigns?
A European sovereign bringing their Silver stash on the radar (eligible in vault) to gain gold as debt colat?
These data spikes happen fairly regularly Brother John, right? I've seen it happen quite a number of times. Heck, Kitco still shows that gold went to $830 on Jan 1 2007, and returned back to $580 the next day. Didn't happen.
Notice how this supposedly unprecedented amount of volume didn't move the price. In fact, it seemed to go up a bit when this massive sale occurred.
If everything points to data error, then it's probably data error.
Comex is fraud, no doubt. But not because of this vid, IMO:)
You said that somebody dumped "fifty thousand plus" contracts, but the spike on the video looks like it corresponds to somewhere around fourty-seven thousand. Am I reading incorrectly or did you mis-speak?
@vortexy1 Type this in google and read the article: HK metals exchange silver contract
It's not yet known if the new market will be another way for the criminal banksters to manipulate the markets or if it will be legit. We should know soon enough. If it's legit, the SLV manipulation will be finished. (that's the theory but the bankster criminals have many tricks up their sleeves).
@USBankruptcy Thank you. At least someone is thinking here. Almost a full day's worth of volume in a single minute would drop the price 20%-50% within that same minute. Of course it is a data error.
20%-50% is just a wild guess. Who knows what would really happen if 50,000 contracts actually traded in one minute?
IF it is manipulation, and I have no way of knowing that it is, then I agree that it's a desperate move. Only a desperate fool would knowingly force down the price of something that their competitors want to buy from them!
I am also wondering if this is bad volume data. I looked at my charts and saw volume in the hundreds of contracts in this time frame. Nowhere near 50,000.
@flaunttnualf1, yes. During that minute there is relatively little change in price. In fact, it looks as if the price is rising during that minute. (I can't see for sure.) The entire volume for the day was around 75,000. There is no way that there were only 25,000 contracts traded during the rest of the day.
75,000 is a normal strong volume day (like yesterday). 25,000 is like pre-holiday, early-close volume (without an EE raid!)
There is no way that 50,000 contracts were sold in a minute. If so, there would have been a much greater price drop during that minute in order to find enough buyers. That is roughly a day's volume in a minute.
Awesome video....silver absorbed this somewhat easily which shows us that the manipulation will not succeed. China opens their market on Friday and these guys wont be able to control that :) ....hold on silver is going to make its move.
Where can I buy silver? Local Dealers have none. Also, looking forward (past the huge explosive price increase), and into the economic crisis to come, isn't it better to have 1 and 10 oz bars instead of 100 oz bars? If you have to trade for something to eat, how are you going to get change for a 100 oz bar?
"Where can I buy silver? Local Dealers have none."
You obviously have an internet connection so....
If you're looking for a reputable online dealer, there are several to choose from, such as APMEX, BullionDirect, MonarchPreciousMetals, Tulving, NWTmint, etc..
As far as what type of silver to have, I like having a variety. IMHO it's the best way to go. But If a person can't afford 100 ozers, then starting out with 1-10 ozers if perfectly fine IMHO. They're very easy to move.
I am not sure if anyone else noticed this, but the land slide started at the exact second that the NY Globex opened. I wonder if there is any significance to this.
Thank you for a great brodcast. Does any one know when the pan asia gold exchange goes live? The only mention of a date I have heard is in this video when he mentions friday. Greetings fr.o.m. Sweden
Superb John, just superb. Already sent it to my friends.
Yesterday, I told some of them, "I wonder what the volume was, I wonder how much they had to throw at it to do this." I knew it was high, I didn't know it was Mt. Everest volume.
estimates for all the silver mined in history is between 750-1.5 billion ounces.
Silver has industrial use 100x that of gold. This thing is going so high, even we will be surprised by it. Whatever 10,000 dollars can buy you now, that's what silver will buy you in the future, at it's true price. I'm not joking one bit. It's more rare than gold, and gold has incredible value in terms of fiat price.
Well BJF, you know they actually didn't dump the physical silver, you know it's a fractional reserve system right? In fact, you and SGT got me to buy silver at 27 back in January...so I shouldn't be having to tell you this :D
Show us a CRUDE OIL chart and see how many contracts are traded. If the contracts in CRUDE OIL are way above the actual amount of supply then it's no different than silver. The paper trades are done the same way in OIL, COFFEE, COPPER, and CORN. Why then is everyone convinced SILVER is going to rally so much?
BJF, What timeframe do you have in mind for this 'parabolic' move? What will happen to the paper futures market, will it e.g. vanish overnight and make your specultive positions useless?
just a thought to add here, Obama announced in a press conference today, not completely sure what time exactly, but that he was working with 6 republicans who had agreed to "work together" to sort out this whole "debt ceiling" thing, basically unofficially announcing that they were going to raise the debt ceiling. Could that be the "event" that triggered this activity?
awesome analysis! It is worth pointing out that in-spite of this volume of sell off i.e. 250M ounces, the demand is so strong that this was gobbled up in hours and the metal continues to follow its normal trend off hours. Prices on ebay and demand on nucleo exchange is still strong with everything 41+. Number of ounces in bids is significantly higher than the amounts of ounces on sale! I refer to these sources to judge the 'street' supply and demand.
@wolfgangfaust this is not spam, wake up people, greenspan has admitted his whole approach was 'wrong', thanks for the hindsight SIR greenspan you fucking imperialist pig.
As a n00b I have no clue, but I try to look at it in a different way. Could it not be either.. Shortsellers kicking that dump to activate a big number of stop-losses which they then use to cover som short positions? It doesn't look like a big dump at that lower price since that would have pressed the price way lower taking out all stops, especially when looking at how "little" it took to press it down to that ower lvl in the first place.
Let's thank the naked short sellers and manipulators, no matter who they are, for presenting us with such great opportunities to continue loading up on physical for as long as possible before the SHTF once and for all. There isn't much time left.
Playing the SLV is for true pros only. And they get all that extra fiat and go buy physical with it. Thanks SLV for all you do for my ability to stack more and more.
The way large orders are done is Over the Counter (OTC). The seller would call a bullion bank (or more than one) and say "where can i sell x million oz of silver?" The market maker would then give the seller the level BUT he know has information.
He knows that if he doesnt get hit by the client he is going to sell it to SOMEONE so he starts selling (front running or "making room" for the sale)
Thats why the price moves before they "cross" the order in the market. If they tried to sell that much in the market without having a buyer on the other side, it would completely collapse.
It was probably a hedge fund to a sovereign wealth fund. BTW, I like the analysis and I have been long gold since $450 and am now long a basket of mining stocks as I agree COMEX is worthless
@SGavin Its never too late mate... I started buying physical @ $17.50.. then more at $21.. $28... and even more the other day @ $37. Anything under $50 right now is still damn good buying. Just remember... take delivery!
This has been flagged as spam show
"DON'T LEAVE YOUR BODY + SOUL HELPLESS, SHIELD AND ARM YOURSELVES FOR YOU KNOW NEITHER THE DAY NOR THE HOUR".
JanRichardus 2 weeks ago
This market is complete hoax. This silver is not physically there. Don't ever buy paper silver, buy only the real physical thing.
Slav4o911 5 months ago
quit frankly brother john ,you do good work ,the thing i hate about YouTube in America lately is all the trolls and jackasses that want to turn every serious discussion into some Jerry springer smack down ,this is for all you clowns who think this is a game,when the country is turned upside down and your killing one another for a can of baked beans ,i would like to see what your response will be , America has truly grown fat and happy ,because all any one has time for is trashing others.
cassanoa 7 months ago
@cassanoa
As long as the average idiot can get his baked beans they are happy, the rest of us keep stacking so we can buy the Baked Beans Factory!
moviematcanada 3 months ago
brother john ,your not seeing it ,no one bought or sold or knew any thing ,your right about the corruption ,one bank sold its fake load of silver to another bank for fake money and they planned it with one another .so there was a guaranteed buyer for the seller ,don't over Analise it ,we all know the drill by now ,your right about the corruption since no real silver or gold really was sold and no real money was used ,this was simply a ruse a deception ,keep swinging buddy.
cassanoa 7 months ago
thumbs up if you don't think Gary Gensler would do jack about this
ardizd 7 months ago 2
@assilvertried7x
Yeah, I hadn't seen BJF's response to this, when I posted that. So I didn't realize that they were indeed going to turn this into a feud of sorts. I figured BJF would realize his mistake. Well, at least I think it was a mistake. Nobody else can verify that $10 Billion in silver traded in one minute, and it left no trace on the market, but if he believes in it without any evidence, who are we to argue! ;)
drutter 7 months ago
Comment removed
drutter 7 months ago
To add to my previous post, I use the Comex/Globex SI contract volume per minute as an indication of a raid.
300 contracts per minute is high volume and indicates the start of a strong raid.
1,000 contracts per minute is very high volume which happens from time to time during peak trading, but is never sustained. It is not unusual during pit trading hours, but indicates a very strong raid during Globex hours.
During the 3 hours of this particular raid, the peak minute was 850 contracts.
ronpaul2008rocks 7 months ago
@drqpt
Because it's wrong. The data used was incorrect. See stellaconcepts' video on the topic. He asked for this video to be taken down because it's disinfo, but it remains up. :)
drutter 7 months ago
Can you do a comparison of this attack versus the one you document back in May?
watch?v=g6CdYYH8AI8
smasila 7 months ago
One of the best videos showing the price manipulation! Thank you!!!
eufibu123 7 months ago
@PaulRon2008 in 2008 about 120M ounces sent Silver from round $20 to $9. That is why I am suspecting there is something wrong with this chart data. Furthermore as price didn't move much during that minute the sell order was done that means there was an equal or larger amount of buy (limit) orders at that particular price. Yet the price was allowed to drift lower later on with a lower volume. Seems strange. No doubt silver price is surpressed, I just question the behaviour of this instance.
PeaknikMicki 7 months ago
I think we agree.
One of two things is wrong here:
1) Either the 50,000 volume number does not reflect Comex/Globex SI contract volume; or
2) If that number is supposed to show the Comex/Globex SI contract volume (or some 5000 oz equivalent) , then the data is wrong (corrupt).
I think the controversy is based on #1.
There is no way that 50,000 SI contracts traded on the Comex/Globex in minutes without a complete Comex crash.
I like BrotherJohn's channel, but I wish he would correct this.
ronpaul2008rocks 7 months ago
@ronpaul2008rocks exactly my thoughts!
Cinnafury 6 months ago
How does one explain that at the moment 50,000 contracts were sold, the price didn't move. Was there coincidentally also 50,000 limit order (or more) on the buy side at that exact price and that absorbed all the selling? Sounds unlikely.
PeaknikMicki 7 months ago 5
@PeaknikMicki The price did move before the volume actually came in. This is a little technical, but it works out like this.... the seller actually dumps 50.000 contracts on the market and asks for a specific price, but at that time there are no bids to match up with that amount, so the price will actually start going lower and lower until bids are found. At the time all 50.000 contracts are sold the volume pops in. So first the initial offering, then the volume (transactions).
Cinnafury 6 months ago
Sorry. You are clueless. Buying/selling futures contracts is not the same as buying/selling the underlying commodity.
odqolvlopbo 7 months ago 2
1 more thing... total open int of the sep silver contract on 19th was 60.4k lots. If someone sold 50k lots they would be selling close to the total open interest... not possible. If it did really happen you would expect the Open Int to change by a large amount either higher if it was a new short or lower if someone closing a pos. but no OI was 59.7k on 18th, 60.4k on 19th and 59.8k on 20th. This vid is such rubbish i cant believe anyone would even contemplate it being real.
ptjohnston 7 months ago 2
that 50k lots is a glitch in your data! My charts only show 3k lots in 5 mins at a peak at that time. also who is to say that it is someone else front running the order? why cant it be the same guy selling the whole time just trying to get volume done and then not being able to until someone bids for size. Someone else bought it.. who is to say its not a whole heap of algos just churing it very fast.. it was not just 1 order! go back look at the ticks and vol, def not 50k lots!
ptjohnston 7 months ago 3
It's the Federal Reserve doing it.
joejoemorgan 7 months ago
OptionsXpress doesn't show this massive spike in volume...just sayin.
TheAnonymousOne67 7 months ago
hey, guys! explain me something: everyone is scared, that this amount of silver was sold. okay. But keep in mind, that that seller needed a buyer, to buy that. So, who would be buying this amount? I am not an expert, just thinking about this... He may have sold silver, but someone bought it, am I right?
dgabor8 7 months ago 2
@dgabor8
personally i think the buyer was another bank ,they sell back and forth to one another to drive the price up or down its obvious ,silver and gold are paper and don't really exist physically and the money is digital and is not there ,jp Morgan sells to HSBC and vise versa ,there both in on it and at times you will even see that one sold a certain amount and the other bought the same amount but the identities are hard to track ,one day they will be caught,
cassanoa 7 months ago
Everyone but the CFTC knows the markets are 100% rigged
JD1459 7 months ago
@JD1459 Actuly the public is unaware of it being rigged, the CFTC know for sure it is rigged becasue they help the cover it up.
IxionVI2 7 months ago
The HKME is starting its silver contract this Friday July 22nd! This officially breaks the Anglo American monopoly on silver. This will be the first time that Asians can buy and take future delivery of silver in Asia. No longer can the CME raise margins close to 100% in 8 days. (Then refuses to lower them despite a 30%+ drop in 5 days.) The extended hours should also stop the 10 am smack down since traders can now access the HKME.As Dillin sung THE TIMES THEY ARE A CHANGIN !
ChrisPCrunchy 7 months ago
@BrotherJohnF if 10 billion worth of silver was sold who bought it?? Isn't there a buyer when someone is selling ? Please reply
lealakota 7 months ago
@sativa098 what ever do you mean??do these charts tell lies ?
lealakota 7 months ago
Fail
Sativa098 7 months ago
$10,000,000,000 traded paper silver in one minute?
And they expect us to believe that silver is $40/oz.? Lmao.
Fill your vaults !!!
Gravity always wins and when it does silver is gonna move up like never seen before.
Excellent job, BJF.
JeffersonGoldwater 7 months ago
Just watched Stella's vid basically saying your numbers are incorrect. Meaning, if 10b worth was dumped in 1 min,. it would push silver to less than $30/oz. He does have a point......Or does he?
Motoicon 7 months ago
@Motoicon
Here's that video for others to have a look at:
Re: Caught in the act...
watch?v=0rWrWesKyXM
Stella mentioned in the comments for his vid that he's blocked from this channel (why I don't know). So I'm posting it here in hopes that BrotherJohnF has a chance to watch it and give a response to it. IMO this 1 minute spike was an error that occurred on the chart feed BrotherJohnF used for his vlog.
StevenM818 7 months ago
@StevenM818 Thanks. That makes sense as a possible explanation.
Motoicon 7 months ago
GOOD, I hope they continue to do this... We can buy more on the cheap.
JP5466 7 months ago
Hi John,
what data feeds are you using thanks ?
DavidAKZ 7 months ago
Yahoo has been sending out erroneous information since 7.18.11. Just found out, since I wasn't trading or tracking prices closely. It is significantly off, and Yahoo is working on a fix apparently.
Ranger4564 7 months ago in playlist 110720_01
@Ranger4564 do you have a reference thanks ?
DavidAKZ 7 months ago
@DavidAKZ I got notice through my portfolio tracking software... Personal Stock Monitor... they sent an alert. Here.
(July 18, 2011) Yahoo is sporadically feeding bad data which results in ridiculous prices in the half million range. This is unrelated to the PSM software but has been confirmed to be a problem with Yahoo's data feed and affects all versions of PSM. Once they correct this, your data will return to normal. We apologize...
Ranger4564 7 months ago
@Ranger4564 thanks for the reference. Who or what is Anonymous
DavidAKZ 7 months ago
@DavidAKZ watch?v=lf8N1_vmlAE
Paste that into the URL behind Youtube.
Ranger4564 7 months ago
@Ranger4564
watch?v=j_9T1SPJXRI
July 30. Phase 1. I almost anticipate Zeitgeist to merge with Anonymous, based on some common interests even if the methods are not similar.
Zeitgeist is here.
watch?v=6pgRUpDDrb0 - Part 1
watch?v=1gKX9TWRyfs - Part 2
watch?v=4Z9WVZddH9w - Part 3
Ranger4564 7 months ago
@DavidAKZ I was actually wondering if this is Anonymous starting their assault on the industries. It would make sense to me, but it could also just be a glitch in Yahoo's coding. We'll see. Anonymous indicated late July as their time of attack, and specifically July 30th.
Ranger4564 7 months ago
@Ranger4564 In fact, the alert was wrong, the prices are ridiculously in the half Billion range. It's insane when you see it. :)
Ranger4564 7 months ago
I was able to confirm that SI / GC were both active on 7.19.11 around 2pm. I have ThinkOrSwim, and the chart shows 772 (believe it's 100,000 shares) so 772,000 shares? at 14:04. At 13:49, GC was also active, at 1895 (1,895,000 shares?). I wish knew off hand the multiples, but 100,000 or 1,000,000 makes sense.
Ranger4564 7 months ago in playlist 110720_01
excellent video. Its not a war against crimex, its a war against fiat. They will obviously do all they can to prevent wealth leaving fiat for silver.
0urGaia 7 months ago
@assilvertried7x
No need, you can just zoom in.
Also, the total amount traded for the hour in question was far less than the $10B supposedly traded in that one trade.
drutter 7 months ago
Every time I watch your videos I find myself wanting to buy more physical silver. I'm so tempted to max out a CC on silver, just might do it tonight.
mrsammymac11 7 months ago
BJF, I checked other sites, and the spike you showed here doesn't appear. Looks like it was a data error. That explains why $10B didn't even move the market.
By the way, you said it was proof of COMEX manipulation, but the COMEX was closed when it occurred. Or rather, when it didn't occur. :)
drutter 7 months ago 3
Who took the other end of those trades? Surely someone was not laying in wait for $10B worth of paper silver in that very minute? computer rigging software for sure
colinjockgraham 7 months ago
Waiting for the Hong Kong Exchange the day after tomorrow and see what it's gonna do to the market.
master2030 7 months ago 2
great video. what software do you use for the charts?
Latrendi 7 months ago
All bankers should be aware that my hero is... VLAD THE IMPALER !
BIGHAIRYSILVERBALLS 7 months ago
LOL!!! THANK YOU ! Great Perception, What a SCAM and you found it. WOW, the comex cannot deny this blatant manipulation. Time for CONGRESSIONAL ACTION & an audit of FORT KNOX would be advisable.
923TARA 7 months ago
WOW ! what a great video. if you make them, they will watch .
lynnybee888 7 months ago
You video is on the FutureMoneyTrends! Congrats!
smasila 7 months ago
Thanks for sharing this observation this is very important. It helped me to buy more silver cheaper.
I am surprise that the move down was not bigger then this considering the volume.
Who can hold 50.000 contracts on the COMEX?
Alexiscom1 7 months ago
This has been flagged as spam show
@Alexiscom1 thought you were smarter than this, it didnt happen dude
Sativa098 7 months ago 2
@Alexiscom1 Indeed... who can actually hold this many contracts? Bloody good question! More to the point... Who can afford to take a position this large in the first place... whether in the money or not, long or short or not? The margin calls must be enormous... unless of course, an operator of this scale and magnitude gets some very 'Special Treatment' by the COMEX when it comes to coughing up their margins. Would anyone really be that surprised?
rockwell9999 7 months ago
Data error.... no confirmation of 50,000 contracts. Please look into this.
burlbark 7 months ago
Good catch on the front-running. I love how 10B dollars was basically erased in one day. Something like this used to last about a month before it recovered.
puapake 7 months ago
Maybe some day in the future we will have 50,000 contracts trade in a single minute. Maybe on the day that the Comex crashes. Because that kind of volume would certainly bring about a crash.
But I guarantee that 50,000 contracts have never been traded on the Comex/Globex during a single minute.
ronpaul2008rocks 7 months ago
@ronpaul2008rocks What about in May when 8,000,000,000 paper ounces were traded and only moved the price 15 dollars
luvbeingfree 7 months ago
What program is that you use to do your fundamental analysis on?
nathansensation5 7 months ago
Why didn't the price drop during that spike? Someone bought it all? I'm missing something...
lavoiealain 7 months ago
Outstanding work, clear logic and a positive frontrun on those crooked bastards. GREATNESS!
fohtynine 7 months ago
Everyone has known Comex is a farce since Hunts in 1980 cornered and Comex changed the rules... why would it change now?
I don't disagree with you, but there are some possibilities:
Mexico making their move to base the peso on a gold-standard by raising cash to buy gold bullion cause they know there's not enough silver volume to prevent manipulation by other sovereigns?
A European sovereign bringing their Silver stash on the radar (eligible in vault) to gain gold as debt colat?
Get more data.
Nage42 7 months ago
These data spikes happen fairly regularly Brother John, right? I've seen it happen quite a number of times. Heck, Kitco still shows that gold went to $830 on Jan 1 2007, and returned back to $580 the next day. Didn't happen.
Notice how this supposedly unprecedented amount of volume didn't move the price. In fact, it seemed to go up a bit when this massive sale occurred.
If everything points to data error, then it's probably data error.
Comex is fraud, no doubt. But not because of this vid, IMO:)
drutter 7 months ago
You said that somebody dumped "fifty thousand plus" contracts, but the spike on the video looks like it corresponds to somewhere around fourty-seven thousand. Am I reading incorrectly or did you mis-speak?
drutter 7 months ago
Send this to the CFTC.... Right
Also if 50,000 were sold in a minute, who bought them?
Gwks45 7 months ago
Excellent video dude, what do you mean by the chinese market coming online friday?
vortexy1 7 months ago
@vortexy1 Type this in google and read the article: HK metals exchange silver contract
It's not yet known if the new market will be another way for the criminal banksters to manipulate the markets or if it will be legit. We should know soon enough. If it's legit, the SLV manipulation will be finished. (that's the theory but the bankster criminals have many tricks up their sleeves).
zz911wasInsideJobzz 7 months ago
Volume Spikes are subject to Data Error especially @ one minute Interpol.
USBankruptcy 7 months ago
@USBankruptcy Thank you. At least someone is thinking here. Almost a full day's worth of volume in a single minute would drop the price 20%-50% within that same minute. Of course it is a data error.
20%-50% is just a wild guess. Who knows what would really happen if 50,000 contracts actually traded in one minute?
ronpaul2008rocks 7 months ago
IF it is manipulation, and I have no way of knowing that it is, then I agree that it's a desperate move. Only a desperate fool would knowingly force down the price of something that their competitors want to buy from them!
ShillBasher 7 months ago
Nice explaination. Thanks.
BrutalRain 7 months ago
World of Warcraft gold and silver is a great currency to invest in during these trying times.
dotmonsoon 7 months ago
the only thing i worry about is if they make it illegal to own silver
HornetUK1 7 months ago
This video is featured on Mike Maloney's GOLDSILVERDOTCOM webpage.
You are a big boy now, BJF !
sinterminator 7 months ago
I am also wondering if this is bad volume data. I looked at my charts and saw volume in the hundreds of contracts in this time frame. Nowhere near 50,000.
flaunttnualf1 7 months ago 2
@flaunttnualf1, yes. During that minute there is relatively little change in price. In fact, it looks as if the price is rising during that minute. (I can't see for sure.) The entire volume for the day was around 75,000. There is no way that there were only 25,000 contracts traded during the rest of the day.
75,000 is a normal strong volume day (like yesterday). 25,000 is like pre-holiday, early-close volume (without an EE raid!)
It is obviously a data error.
ronpaul2008rocks 7 months ago
This is an obvious data error.
There is no way that 50,000 contracts were sold in a minute. If so, there would have been a much greater price drop during that minute in order to find enough buyers. That is roughly a day's volume in a minute.
ronpaul2008rocks 7 months ago 2
he who sells that which is-n must buy it back or go to prision
bob5553able 7 months ago
Awesome video....silver absorbed this somewhat easily which shows us that the manipulation will not succeed. China opens their market on Friday and these guys wont be able to control that :) ....hold on silver is going to make its move.
67tmac 7 months ago
BrotherJohn,
Where can I buy silver? Local Dealers have none. Also, looking forward (past the huge explosive price increase), and into the economic crisis to come, isn't it better to have 1 and 10 oz bars instead of 100 oz bars? If you have to trade for something to eat, how are you going to get change for a 100 oz bar?
ThePhotogGuy 7 months ago
@ThePhotogGuy
"Where can I buy silver? Local Dealers have none."
You obviously have an internet connection so....
If you're looking for a reputable online dealer, there are several to choose from, such as APMEX, BullionDirect, MonarchPreciousMetals, Tulving, NWTmint, etc..
As far as what type of silver to have, I like having a variety. IMHO it's the best way to go. But If a person can't afford 100 ozers, then starting out with 1-10 ozers if perfectly fine IMHO. They're very easy to move.
StevenM818 7 months ago
thanks @brotherjohnF
i have put this on my website/blog
i was confused as to what happened yesterday
you have cleared it for my now.
KEEP BUYING SILVER
metalmadnessTV 7 months ago
Great job man, thx. Incredible info.
stchrismusic 7 months ago
I am not sure if anyone else noticed this, but the land slide started at the exact second that the NY Globex opened. I wonder if there is any significance to this.
Kylenashari 7 months ago
That blue vertical line you drew is right where the NYMEX closed as well. Very clear manipulation.
blazefury2010 7 months ago
Thank you for a great brodcast. Does any one know when the pan asia gold exchange goes live? The only mention of a date I have heard is in this video when he mentions friday. Greetings fr.o.m. Sweden
ifyousaysoo 7 months ago
Thank you for a great brodcast. Does any
ifyousaysoo 7 months ago
These attacks seem to be getting weaker and weaker. I agree, it looks like a dying animal kicking its legs for the last time.
smasila 7 months ago 13
The paper market is a joke.
gspotjazz 7 months ago
Why isn't Ron Paul doing anything to prosecute this abuse of the open markets?
TexAsh55 7 months ago
Superb John, just superb. Already sent it to my friends.
Yesterday, I told some of them, "I wonder what the volume was, I wonder how much they had to throw at it to do this." I knew it was high, I didn't know it was Mt. Everest volume.
cleburne61 7 months ago
Your not the only one catching the bastards red handed, take alook:
watch?v=ek_D-5XwVrU
smasila 7 months ago
from 1:30pm-2:00pm that day Obama had a tv interview talking about the debt limit
Slickpete83 7 months ago
Comment removed
therealcraqerjaq 7 months ago
We will reach peak silver far before we reach peak gold. :D
The ONLY reason gold has far more value than silver is because central banks hoard it and that is no secret.
LivingTrancefully 7 months ago
estimated 5.28billion ounces of gold ever mined.
estimates for all the silver mined in history is between 750-1.5 billion ounces.
Silver has industrial use 100x that of gold. This thing is going so high, even we will be surprised by it. Whatever 10,000 dollars can buy you now, that's what silver will buy you in the future, at it's true price. I'm not joking one bit. It's more rare than gold, and gold has incredible value in terms of fiat price.
LivingTrancefully 7 months ago
They are performing open heart defibrillation on the canary. Live~! Live~! Live~! Jaahaahaa~!
nanaroborovskii 7 months ago
Well BJF, you know they actually didn't dump the physical silver, you know it's a fractional reserve system right? In fact, you and SGT got me to buy silver at 27 back in January...so I shouldn't be having to tell you this :D
LivingTrancefully 7 months ago
100s of billions of USD in premiums has been spent to get people to roll SLV and GLD
How many contracts were sold in the May 50-42 ten minute crash? It must have been more than this?
LivingTrancefully 7 months ago
thank you
freetoadventureTV 7 months ago
Thank you for the video, it is nice to see some concrete evidence to cement what we all suspected.
These scumbags are going down, and it is no less than they deserve.
Andy.
NowisEvollovetion 7 months ago
And by this I don't mean I play the SLV, I just mean SLV has kept the price of physical down so I can buy more and more.
<333 PHYZZZZZZ
LivingTrancefully 7 months ago
Looks to me more like a short position was being built through to the big volume spike where the position then being unwound in a big hit.
gottagetatubename 7 months ago
Show us a CRUDE OIL chart and see how many contracts are traded. If the contracts in CRUDE OIL are way above the actual amount of supply then it's no different than silver. The paper trades are done the same way in OIL, COFFEE, COPPER, and CORN. Why then is everyone convinced SILVER is going to rally so much?
newsunit 7 months ago
BJF, What timeframe do you have in mind for this 'parabolic' move? What will happen to the paper futures market, will it e.g. vanish overnight and make your specultive positions useless?
aslkfja 7 months ago
bitcoin bitcoin
gorkalitus 7 months ago
very good video,keep stacking.
buggymak 7 months ago
fantastic John, very great job... a big thanks for your efforts to spread the truth.
alustoon 7 months ago
Great video. Thanks for making it.
subwayjob 7 months ago
this market disgusts me. such a violation of the public trust.
bodyheals 7 months ago
very good clear thinking .many thanks
greenknightist 7 months ago
call obama
rx4unyc 7 months ago
@rx4unyc
bodyheals 7 months ago
an ass
bodyheals 7 months ago
too bad the CFTC is getting their budget cut by the fascist tactics of controlling deficit spending, buy more silver folks
bodyheals 7 months ago
@bodyheals -the cftc is comprised of criminals, anyway. look up the CMYK diamond scam. they use their budget for hookers and beer. fuggem'
wolfgangfaust 7 months ago
@rx4unyc as ass
bodyheals 7 months ago
just a thought to add here, Obama announced in a press conference today, not completely sure what time exactly, but that he was working with 6 republicans who had agreed to "work together" to sort out this whole "debt ceiling" thing, basically unofficially announcing that they were going to raise the debt ceiling. Could that be the "event" that triggered this activity?
sharpcin 7 months ago
awesome analysis! It is worth pointing out that in-spite of this volume of sell off i.e. 250M ounces, the demand is so strong that this was gobbled up in hours and the metal continues to follow its normal trend off hours. Prices on ebay and demand on nucleo exchange is still strong with everything 41+. Number of ounces in bids is significantly higher than the amounts of ounces on sale! I refer to these sources to judge the 'street' supply and demand.
gbhin005 7 months ago
Did the same thing happend to Gold? because Gold took a huge drop aswell around the same time of silver
Cheema0113 7 months ago
Wonderful analysis - we really appreciate your vids.
Cneumann22 7 months ago
Could the 50,000 volume just be 50,000 HFT of 25,000 buys and 25,000 sells
chinagongs 7 months ago
This has been flagged as spam show
ECONOMIC TERRORISTS!
-these lunatics are out of control.
watch this-"UncleBens" predecessor, alan greenspan admits the bankster fraud
"2010-11-09 Greenspan Admission.mp4"
(watch?v=731G71Sahok&feature)
spread this video everywhere!
wolfgangfaust 7 months ago
@wolfgangfaust this is not spam, wake up people, greenspan has admitted his whole approach was 'wrong', thanks for the hindsight SIR greenspan you fucking imperialist pig.
bodyheals 7 months ago
great analysis.
Godspeed :-)
wolfgangfaust 7 months ago
Bravo!!!
MrPhajlee 7 months ago
who could possibly be the other side of the trade? If it was sold, who would have bought. If it was a buy, who would have sold?
OldPhartbsa 7 months ago
Thnx. =)
As a n00b I have no clue, but I try to look at it in a different way. Could it not be either.. Shortsellers kicking that dump to activate a big number of stop-losses which they then use to cover som short positions? It doesn't look like a big dump at that lower price since that would have pressed the price way lower taking out all stops, especially when looking at how "little" it took to press it down to that ower lvl in the first place.
LarsGAndersson 7 months ago
BrotherJohn, you are amazing!
dongle1975 7 months ago
How do you know that wasn't a buy of 50000 contracts? It happened in a dip.
l1xx3r 7 months ago
Let's thank the naked short sellers and manipulators, no matter who they are, for presenting us with such great opportunities to continue loading up on physical for as long as possible before the SHTF once and for all. There isn't much time left.
toluca56 7 months ago
Fantastic video. Thank you for posting. Just started buying physical and wish I started years ago. Better late than never.
SGavin 7 months ago 19
Playing the SLV is for true pros only. And they get all that extra fiat and go buy physical with it. Thanks SLV for all you do for my ability to stack more and more.
LivingTrancefully 7 months ago
@SGavin buy physical. you will sleep better. I've had physical for years now and I don't look at the paper market scam.
Nellnyc10032 7 months ago
The way large orders are done is Over the Counter (OTC). The seller would call a bullion bank (or more than one) and say "where can i sell x million oz of silver?" The market maker would then give the seller the level BUT he know has information.
firstfifthcolumnist 7 months ago
He knows that if he doesnt get hit by the client he is going to sell it to SOMEONE so he starts selling (front running or "making room" for the sale)
Thats why the price moves before they "cross" the order in the market. If they tried to sell that much in the market without having a buyer on the other side, it would completely collapse.
.
firstfifthcolumnist 7 months ago
It was probably a hedge fund to a sovereign wealth fund. BTW, I like the analysis and I have been long gold since $450 and am now long a basket of mining stocks as I agree COMEX is worthless
firstfifthcolumnist 7 months ago
@SGavin That's right starting now is very smart. Get ready to buy on the dip.
Stay Smart, Slick and Keep Stackin!
SilverCitySlicker500 7 months ago
@SGavin Check out my stack video. Took me 8 months on a under 43k salary to acquire:
watch?v=3m6P-RjpWKw
Stay Smart, Slick and Keep Stackin!
SilverCitySlicker500 7 months ago
@SGavin Its never too late mate... I started buying physical @ $17.50.. then more at $21.. $28... and even more the other day @ $37. Anything under $50 right now is still damn good buying. Just remember... take delivery!
rockwell9999 7 months ago 20
@rockwell9999 YES.TAKE deivery!
RWCT1 7 months ago
@rockwell9999 Absolutely...!
JanRichardus 2 weeks ago
Was it real silver or just paper? Hum
OurTimeIsOut 7 months ago
@OurTimeIsOut I believe you answered everything here.
OurTimeIsOut 7 months ago
Round eye in big trouble.
suzettespencer 7 months ago 2
@suzettespencer Confucious say: "Round eye will lose ass".
mephistopheles2011 7 months ago 9
@mephistopheles2011 hahaha
nepenthean 7 months ago
@mephistopheles2011 LOL laughing and crying at the same time on this one
marc0987654321 7 months ago
Respond to this video...
firstfifthcolumnist 7 months ago
@suzettespencer that is some funny shit! lol
nepenthean 7 months ago
250,000,000 ! Ya....ha ha ha. Now that is a Naked Short if I ever saw one.
TheSilverWatch 7 months ago
@TheSilverWatch I thought there was no way to naked the futures markets - unlike stocks
DavidAKZ 7 months ago
I hope these crooks choke on all that phony SLV crap.
zz911wasInsideJobzz 7 months ago
Excellent
syyenergy7 7 months ago
Thanks Brother John, Looks like this action is the work of the Plunge Protection Team?
workwillfreeyou 7 months ago
"a strange anomaly" named Blythe. keep on stackin' hipsters, their paper games are a bad joke at this point.
SGTbull07 7 months ago
I think a company such as 'Pan American Silver' may have been taken over or sold. ~Just a Thought~
Zalahblue 7 months ago
thanks again john ....... your insight is superb ... thanks for waking up those with ears and eyes
you are a service to human kind ... esp. when we see such blatant crookery ......and so ,so often
thanks again
sterlingold 7 months ago
Comment removed
Hyperborea2012 7 months ago
I am glad I loaded up with the silver miners months ago based on repeated reports of a lack of physical silver.
rlhillier 7 months ago
Holy fcuk. Thank you. Please contact King World news. They been saying this forever.
rlhillier 7 months ago
I'm guessing Warren Buffet.
ketch33 7 months ago
Thanks again!
TheUnfilteredNEWS 7 months ago
Can you imagine how much money JPMOrgue makes in this one minute??
notpcone 7 months ago
I think the sell off was Rawdogg, didn't he say he was selling if it got above 40? :)
SilverTemplePIlot 7 months ago