And Now For Today's Mini Silver Flash Crash: Same Time, Same Place

Tyler Durden's picture

Just like yesterday and the day before, 6:30pm is now the official precious metal "bang the afterhours" launch time. As we predicted minutes ago, silver just got taken to the cleaners on what is now an apparent attempt to push silver around in the no volume part of after hours trading, in the 6-7 pm no man's land. We expect an imminent rebound after this latest attempt to trigger stop losses, probably those around $40, fails. If it succeeds in pushing silver below $40 it is very possible that the metal can promptly trade down to the mid $30s as a result. And while banging the close has been investigated by the CFTC for years (resulting in some modest smacks on the wrist recently for the ex-Moore trader who did this with impunity), we are confident it won't be before 2015 that the CFTC's commissioners investigate this particularly odd behavior in silver and gold. By then it, of course, won't matter.

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Rynak's picture

WHAT THE FUCK!!! That this is even tolerated is a joke.... they're not even trying anymore to hide what's going on! It's almost as if they want to let you know "WE CAN!"

Pepe's picture

Absolutely agree, and not just with the silver issue; on every issue the message is we do it because we can. What are you gonna do about it? Well I guess that is going to have to be our decision

Xibalba's picture

Anyone heard from Bart Chilton?

Pepe's picture

Last time I heard of him it was december 2010. You know, now that you mention it, if you put a beard on the man, lie him down and paint his forehead with red, he could easily look like someone I know....

Haywood Jablowme's picture


Shake that tree bitches.  So easy, it should probably be traded on the pinks...


TooBearish's picture

Bang de close bitch, bang it like you're riding Blythe doggie style!

disabledvet's picture

you scared her away you...big...bad...bear.  (Maybe she still likes to I mean...READ!  READ!)

rocker's picture

They cancel trades on a daily basis. They manipulate every day because the can. The market is broken. Nobody Cares! 

dlmaniac's picture

Did you guys notice CFTC is no where to be found? HOHO. Corruption at its deepest.

disabledvet's picture

the Silver Surfer cared.

YouBetYourLife's picture

For students of history, you're in luck!  You get to relive history, up close and personal, with a front row seat.

Today's feature:  The Fall of the Roman empire (redux).

Yes, this is what it was like when the mighty Roman empire collapsed due to its own greed, corruption and internal rot.  The rich and powerful not only were unaccountable to their fellow citizens, but were actually protected by the system that should have been prosecuting their crimes.

If I remember correctly, it didn't end well. . . eight centuries of darkness.   

FeralSerf's picture

The tickets sure are fucking expensive lately.

Hook Line and Sphincter's picture

Eight centuries of darkness is still better than eight eons of WWIII induced radioactivity. This time around there are those who have learned to split atoms and toy with scalar energy.

ArgentDawn's picture

Where do we sign up to be Visigoths?

sleepingbeauty's picture

Could we not fight back ala anonymous. Millions of trades for small amounts all across the world.

angrybill's picture

Anonymouse use a program (the LOIC) installed on the client machine that enables centralised command of those PCs to attack (flood) an interwebs target of choice.


What you're after is central command (of multiple trading accounts) to trade on an equivalent scale (downloads of the LOIC is in the millions)


Not knowing which sort of trading platforms (if any) could support this sort of account managment/coordination or trying to get this many people to hand over money to total strangers seems like a pretty tall order...


like an open source hedge fund or summin...?!?!

Doña K's picture

Better yet, stay totally out of the markets and keep buying physical PM's on a small continuous fashion. Good opportunity silver at $40 or under. I am starting to buy again. 

augie's picture

Actually i think it is "yes we can" not just simply "we can."

akak's picture

Debe ser "Si podemos", verdad?

"Si se puede" es muy debil, y no precisamente lo equal de "Yes we can", yo creo.
Nunca lo he entendido, tengo que decir.

Mec-sick-o's picture

You are near.

"Si podemos" implies "nosotros" (yes we can)=Sujeto Implícito.

"Si se puede" has no subject (yes can be), but only talker & listener know about who they speak about=Sujeto Tácito


msamour's picture

Aye Pedale! Vas tu ecrire en anglais ou quoi? Comment aime tu ca ne pas comprendre?

Mec-sick-o's picture

Oui monsieur. Mea culpa, mea culpa est.

akak's picture

Merde!  Combien langageaux parlez vous?

myTPisUSD's picture

Yes we (kicked the) can!

DosZap's picture


"It's almost as if they want to let you know "WE CAN!"

No they did, no almost to it.One day there will be a run on  new rope.

These fackers are almost equal to single cell protozoas.

JPDG's picture

Anyone know any hackers in Anonymous?  We could use their help.

How about everyone sends the CFTC a flood of emails?

angrybill's picture

Got IRC?

I believe it's AnonOps


4chan /b/

(good luck with that ;^)

mouthpiece's picture

IRC is your best bet.  4chan is a joke/front page/recruitment tool to (not for or by) the [dis]organization, populated almost entirely by hangers-on and wannabes, the 1 million people who downloaded LOIC but have no idea who the real muscle of Anonymous is (which is an unknown number of hackers and hacker groups).  You used to be able to contact them almost directly on 420chan's /i/, but /i/ (stands for invasion, the forum formerly used to coordinate Anonymous' DDOS activities, long before Wikileaks and LOIC) became password-protected and located on a "secret" server about the time I stopped lurking at 420chan.

Try this link:

Although, in reality, you are contacting a group of hacktivists that operate under the Anonymous umbrella.  Oldschool /i/ Anonymous people were a bunch of anarchist pranksters and troublemakers who trolled relentlessly and tried to destroy websites/people's lives in the name of "lulz".  "Anonymous" itself is an amorphous concept that anyone can use to do anything, as long as they can convince enough of the /b/ crowd to go along with it.

DrunkenMonkey's picture

And there are more /b/tards lurking here than you think.

NOTW777's picture

a chart that reflects the integrity of our markets

Ben Fleeced's picture

Same Buy The F'in Dip time same buy the dip channel. I know my GenNexers. Read up on crazy azz biathc Popcorn 198---sumthin' and learn. 

A whoooaw.

And in the death,

as the last few corpses lay rotting in the slimey thoroughfare



e_goldstein's picture

This is starting to look like a dip worth buying.

bob_dabolina's picture

What's this talk about two silver prices? tmosely is convinced this has happened and doesn't think anyone can get silver close to spot, in fact he dared me today to try and pick up silver close to's rare if you are retail and pick up any PM directly @ the spot, that's how the business works. Every product is in stock but the 1 OZ 9/11 commemorative coins.

$2 over @ ampex is pretty standard; 500 or more @ $1 over spot.

Burnbright's picture

Umm i just looked and the cheapest rounds from apmex is 2.29 over spot. Eagles, maples, and phils are still 5 dollars over spot. Nice try.

bob_dabolina's picture


I was off .29 cents. What the fuck ever, it's normal.

Not as many phils are minted that's why they are more expensive. I can find you collectible coins going for up in the hundreds but that's irregardless of supply/demand/comex defaulting.

Here, I found 1 OZ silver bars going for $360 over spot:

Comex must have defaulted!

legal eagle's picture

Sir, might I have another!  Ha ha ha, you cant hurt me, got in too low!

Please, "irregardless" is not a word.  Irrespective, yes, regardless, yes.  Well, maybe in the tweet and text generation, not for us ol' timers.


bob_dabolina's picture


It appears in a wide range of dictionaries including: Webster's Third New International Dictionary of the English Language Unabridged (1961, repr. 2002)

Guess it just depends what dictionary you use.

But I thought this thread was about silver. I guess we can correct our grammar/syntax as well though, that's always a hoot of a time.

MachoMan's picture

All quoting a dictionary means that many people misuse the term...  it's a popularity contest more or less...  and, in this case, the popular term is incorrect.  At some point, without rules, we lose a language.

bob_dabolina's picture

Than why don't we all just speak latin?

Oh regional Indian's picture

Because we lack the mental horsepower to speak clearly and with the deep conviction and clarity that any classic language demands.

English is a lose lose all the way down the rabbit hole.