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Ask The Expert - Ted Butler!

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Ask The Expert - Ted Butler

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Ted Butler is one of the world’s most respected precious metals analysts. His perspective is highly valued by the everyday investor as well as large stakeholders in the investment world.Ted started as a broker in the early 1970’s but began his journey as an independent analyst over 20 years ago. Today, Ted’s writings are renowned for their formidable insights, particularly into the silver market where he has garnered significant acclaim for his knowledge of price manipulation by big banks.

 

 

 

 

 

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Fri, 09/04/2015 - 14:47 | 6510550 RMolineaux
RMolineaux's picture

The behavior of J P Morgan Chase in the silver market is an excellent example of the fraudulant nature of short selling.

The firm sells forward contracts on the exchange to artificially increase the supply of paper silver on offer thereby lowering the exchange-quoted price.  At the same time it buys physical silver at the low price that was created by itself, and stores it in its vault.  It will then sell its physical silver when the price rises and no counterparty is interested any longer in buying its shorts. 

Because of its magnitude, the effect of selling short paper silver is evident for all to see.  But the same thing occurs in all other markets on a smaller scale per item, but with many more participants.  Short selling is a fraudulant technique devised by speculators to skim off lthe assets of serious investors.

Fri, 09/04/2015 - 15:15 | 6510706 Jstanley011
Jstanley011's picture

It isn't short selling that is fraudulent, it's naked short selling that is fraudulent.

Meanwhile, ZH stackers getting bearish at a 30-year low is a buy indicator if ever there was one in my book.

Fri, 09/04/2015 - 14:08 | 6510304 MrBoompi
MrBoompi's picture

In all due respect Mr. Butler, we knew paper was determining the prices of physical commodities for years!  This is not something new just because some physical producer just said it.  So I don't get the reason for your optimism that things will get better.  If anything, the paper manipulation of physical markets seems more entrenched than ever.  

Fri, 09/04/2015 - 13:38 | 6510130 CarpetShag
CarpetShag's picture

I gave up paying any attention to Butler in 2009 after he started singing the praises of Gary Gensler and that other shill of the CFTC (with the hair, can't remember his name), as if the sun was shining out of their asses.
For more than 5 years he has been predicting an explosion in silver prices due to "vanishing physical supply".
Ferget it, the guy is useless.

Fri, 09/04/2015 - 14:29 | 6510416 Bay of Pigs
Bay of Pigs's picture

That would be Bart Chilton, well known liar and bankster apologist at the CFTC and now a money grubbing DC lobbyist.

Fri, 09/04/2015 - 12:01 | 6509654 fowlerja
fowlerja's picture

Ted has a single track mind...I wonder if he has another life...

Fri, 09/04/2015 - 10:45 | 6509196 Latitude25
Latitude25's picture

Sorry.  NO THIRD PARTY RISK Mr. expert.

Fri, 09/04/2015 - 10:41 | 6509164 Spiritof42
Spiritof42's picture

Someday Ted Butler will be right. But for about 15 years he's been a broken record. I first became aware of Butler from his sponsor, Investment Rarities. I've been buying from them for decades; so I can personally vouch for their integrity.

I don't think of silver as a profit making investment; I think of it as insurance against financial catastrophe. If I never have to use it, my kids will get it free and clear.

Fri, 09/04/2015 - 09:40 | 6508728 cpnscarlet
cpnscarlet's picture

I have never seen a ZH post go SOOOO un-commented in my 4 years here.

PEAK PESSIMISM to say the least.

Fri, 09/04/2015 - 13:45 | 6510184 Benjamin123
Benjamin123's picture

Topic: Are Jews the master race?

This should be good for 3-400 posts.

Fri, 09/04/2015 - 12:22 | 6509754 greatbeard
greatbeard's picture

>> SOOOO un-commented

On the positive side, the signal to noise in the comments  here is very good. As much as I'd like to see some return to normalicy in the metals market, I quickly tire of all the unrealistic cheerleaders who swarm the threads when there's a sign of life.

Fri, 09/04/2015 - 12:33 | 6509799 Bay of Pigs
Bay of Pigs's picture

Cheerleaders? You mean the people who actually know where this train wreck is heading and are trying to warn others? Oh yeah, those "unrealistic cheerleaders".

And "a return to normalcy in the metals market"? LOL. Good luck with that idea. Where you been the last four years? ZH has covered this topic ad naseum.

Fri, 09/04/2015 - 10:17 | 6508975 Bay of Pigs
Bay of Pigs's picture

Indeed. I remember telling Turd how bad it could get after the phony paper smash down in 2011. I told him, "only those with iron fisted resolution" would make it through this. I doubt anyone, including the often idiotic Martin Armstrong could have predicted such ridiculously low prices in the face of rising inflation, massive money printing (QE) and ZIRP and NIRP. Not to mention the FED's balance sheet.

 

Fri, 09/04/2015 - 12:54 | 6509917 cpnscarlet
cpnscarlet's picture

So BOP, how do you think it ends? (it's been a while since your last TFM post on that.)

I think the "return to normalcy" will simply be a default at the COMEX that manifests itself as either a closure of the exchange or a step-function run up in prices as physical is sought to make deliveries.

Of course the other option is something like confiscation, "terrorists use gold", or something nefarious done in DC. At that point, I will make a pleasant "fare thee well to you all".

Fri, 09/04/2015 - 14:26 | 6510393 Bay of Pigs
Bay of Pigs's picture

I dont know bro. But yes, the fraud ridden COMEX is central to the manipulation and suppression of PM's. I agree with you, it needs to blow up and default for anything positive to happen for gold and silver.

And BTW, I got banned over there at Turds a few years back by Stephanie/Mod Jane. I dared to question her authority so she gave me the boot. Not to mention I found out that she intercepted private emails I had sent to Turd complaining about her Nazi type attitude over there. She was a fucking clown.

Fri, 09/04/2015 - 15:24 | 6510748 cpnscarlet
cpnscarlet's picture

I still have an account there, but I can't post anything. I asked them to close my account and they won't.

Fri, 09/04/2015 - 10:40 | 6509148 cpnscarlet
cpnscarlet's picture

Even with an iron-fisted resolve, this has been as frustrating as hell...and IS there anyone with TRUE insight into the manipulated PM markets???

On the more ethereal side, I listened to some Lindsey Williams vids the other day - talk about a REAL crash and burn "pundit". I wonder if his "elite" friend still talks to him (maybe in his dreams)?

Fri, 09/04/2015 - 13:48 | 6510195 CarpetShag
CarpetShag's picture

LW has lost any credibilty he might have possessed. His forecasts were completely wrong.

Fri, 09/04/2015 - 09:11 | 6508600 LawsofPhysics
LawsofPhysics's picture

LOL!  There are no "experts" because there is no price discovery...

Don't gamble if you cannot afford to lose (my condolences to all the 401k sheep being forced to gamble).

Fri, 09/04/2015 - 10:58 | 6509295 KnuckleDragger-X
KnuckleDragger-X's picture

Yep, Mandatory donations to the cause....

Fri, 09/04/2015 - 08:55 | 6508537 cpnscarlet
cpnscarlet's picture

There are no experts in PMs at this point. They all misread the oligarchs' abilities and willingness to create a complete charade. And many if us joined them in that error. Ditto that - Ted, Eric, Jim...STFU.  And especially you, Mr. Turk. I'll just keep watching Armstrong until he crashes and burns too.

I'm only thankful that I've been picking up Au since 1988 and not 2011.

Fri, 09/04/2015 - 13:11 | 6510008 MANvsMACHINE
MANvsMACHINE's picture

As much as I hate to say it, Dan Norcini has done a pretty good job at calling the price movements in PMs.

Fri, 09/04/2015 - 13:46 | 6510186 CarpetShag
CarpetShag's picture

If you are a day trader in paper CRIMEX "prices", then yes, perhaps.

Fri, 09/04/2015 - 08:30 | 6508409 IcarusOnFire
IcarusOnFire's picture

If there's a broken record anywhere it's Ted Butler.  Give it up Ted.  The Comex is a crime scene. JP Morgan is the crook. No one pays attention.  Blah Blah Blah.

Tell me something new Ted....like when is my stack going to be above water.

Icarus

Fri, 09/04/2015 - 10:13 | 6508944 Uchtdorf
Uchtdorf's picture

Something new: Learn Mandarin. The Chinese are coming. 

Fri, 09/04/2015 - 11:12 | 6509384 LawsofPhysics
LawsofPhysics's picture

...said my father in 1971...

 

Fri, 09/04/2015 - 11:55 | 6509622 Uchtdorf
Uchtdorf's picture

Did you ever thank him for giving you so much time to prepare?

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