Silver Stackers logo

Silver Stackers

Discussion forum for those
who love to stack precious metals

You are not logged in.

Announcement

This forum is archived. Please visit the new forums at www.silverstackers.com. Password reset may be required!
  • Index
  • » Gold
  • » "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

#1 2016-12-15 22:55:25

chuckey
Member
From: Australia
Registered: 2011-02-18
Posts: 14
Trades :   

"When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

Its been a while. If you haven't seen this, my scoop published two days ago was the first anywhere to include damming chat evidence of a multi year bank conspiracy to subvert gold prices, from filings in a New York court last week.
http://comexwehaveaproblem.blogspot.com … ck-it.html

My articles will also appear on my Twitter going forward as well.

Last edited by chuckey (2016-12-15 22:55:55)

Offline

The following user says thank you for this post: Ronnie 666

#2 2016-12-15 23:31:28

tolly_67
Member
Registered: 2010-05-17
Posts: 1,759
Trades :   

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

I don't think it is gold they are whacking......;)

Offline

The following user says thank you for this post: betterlatethannever

#3 2016-12-17 04:48:04

Pirocco
Member
From: EUSSR
Registered: 2011-05-24
Posts: 4,832
Trades :   
Website

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

With the price impact of the futures market as exception, noone can "whack down" a price without having it "wacked up" before.
And that "UBS precious metal dealer", actually does the very same that about everyone on the speculation / saving market wants: sell high. Only that he might have (way) more market data avail and is smarter than speculating suckers.

Last edited by Pirocco (2016-12-17 04:48:27)


Silver won't save you if you act as clueless and careless as with your bank account.
Get in- not disinformed. Last is easiest, visit www.zerohedge.com & Co and hurry to their bullion shops.
Futures: http://forums.silverstackers.com/topic- … ilver.html #9
Central Banks inflict you less gold and fiat: http://forums.silverstackers.com/topic- … tners.html #19

Offline

The following user says thank you for this post: Ipv6Ready

#4 2016-12-18 01:39:42

masmas
Member
From: Sydney, Australia
Registered: 2016-08-09
Posts: 284
Trades :   

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

Since now the conspiracy is revealed to us public, I wonder what will happen to the precious metal trading practice ?

Does the large banks gets penalised or it is just business as usual ?


Regards,

M.A.S

Offline

#5 2016-12-18 02:55:21

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,261
Trades :   39 

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

masmas wrote:

Since now the conspiracy is revealed to us public, I wonder what will happen to the precious metal trading practice ?

Does the large banks gets penalised or it is just business as usual ?


I think the days of

Silver are numbered, and is likely to be entering long term gradual decline. There is just too much of it and a behave more like semi precious metal than precious metal.

Gold I see it as a good hedge during short term market fluctions but you need to get on the high and off when the merry go round near the bottom to start the cycle again.

Long term historically silver is a terrible investment or insurance/hedge. Short term some good money to be made.


WTB 4 to 6 grams of pure gold. Don't care if it is coin, bar or granules. Near spot, suits anyone who has been tempted to open a certicard or just have some granules to make a ring

Offline

The following 2 users say thank you for this post: betterlatethannever, House

#6 2016-12-22 13:44:16

Pirocco
Member
From: EUSSR
Registered: 2011-05-24
Posts: 4,832
Trades :   
Website

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

Ipv6Ready wrote:
masmas wrote:

Since now the conspiracy is revealed to us public, I wonder what will happen to the precious metal trading practice ?

Does the large banks gets penalised or it is just business as usual ?


I think the days of

Silver are numbered, and is likely to be entering long term gradual decline. There is just too much of it and a behave more like semi precious metal than precious metal.

Gold I see it as a good hedge during short term market fluctions but you need to get on the high and off when the merry go round near the bottom to start the cycle again.

Long term historically silver is a terrible investment or insurance/hedge. Short term some good money to be made.

That terrible investment of the eighties/nineties/early 2000 is so far followed by a decade of a tripled+ price.
Those that bought that terrible investment of then, didn't do that bad.
It's all about recognizing on the long term which price is low and which not.
Alike in any market.
I prefer a semi precious market above a precious. In the end, that's what inflation linking is, and what is hedged against.


Silver won't save you if you act as clueless and careless as with your bank account.
Get in- not disinformed. Last is easiest, visit www.zerohedge.com & Co and hurry to their bullion shops.
Futures: http://forums.silverstackers.com/topic- … ilver.html #9
Central Banks inflict you less gold and fiat: http://forums.silverstackers.com/topic- … tners.html #19

Offline

#7 2016-12-22 20:14:16

masmas
Member
From: Sydney, Australia
Registered: 2016-08-09
Posts: 284
Trades :   

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

Hm.. ok so in this case, Silver is still a good way to "preserve" your wealth for the long term ?

Well if it is still not a good idea, at least it can be used as Werewolf deterrent :-)


Regards,

M.A.S

Offline

#8 2016-12-22 20:39:28

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,261
Trades :   39 

Re: "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

Pirocco wrote:
Ipv6Ready wrote:
masmas wrote:

Since now the conspiracy is revealed to us public, I wonder what will happen to the precious metal trading practice ?

Does the large banks gets penalised or it is just business as usual ?


I think the days of

Silver are numbered, and is likely to be entering long term gradual decline. There is just too much of it and a behave more like semi precious metal than precious metal.

Gold I see it as a good hedge during short term market fluctions but you need to get on the high and off when the merry go round near the bottom to start the cycle again.

Long term historically silver is a terrible investment or insurance/hedge. Short term some good money to be made.

That terrible investment of the eighties/nineties/early 2000 is so far followed by a decade of a tripled+ price.
Those that bought that terrible investment of then, didn't do that bad.
It's all about recognizing on the long term which price is low and which not.
Alike in any market.
I prefer a semi precious market above a precious. In the end, that's what inflation linking is, and what is hedged against.

To me, at my age and investment strategy, the long term trend ie ten to twenty years, looks like its going down. Of course over the period prices will crash and spikes.
Plus I dont adhere to the conspiracy, in fact I look at the volatility as a good bet in my trading.

To be fair though I do look at PM slightly differently to my other speculative tradings as I like it as a hobby too. I have only being into it for a year, but the very predictable smack down has been good. Of course I've been caught out few times more more often than not, the smack down has being consistent.


WTB 4 to 6 grams of pure gold. Don't care if it is coin, bar or granules. Near spot, suits anyone who has been tempted to open a certicard or just have some granules to make a ring

Offline

  • Index
  • » Gold
  • » "When Gold Goes Above 1430 we Whack it" - UBS precious metals trader

Board footer

Powered by FluxBB