SPECIAL REPORT: Position Limit Scenarios
by Bix Weir
The new Bank Participation Report for September has been posted and it looks like the top 3 or less US Banks that had offside silver short positions are closing in on being under the proposed position limit law just in the nick of time!
Here's the numbers
9/6/2011 = 23,859 net short
10/6/2011 = 14,388 net short.
http://www.cftc.gov/MarketReports/Ba...orts/index.htm
Basically, the top 3 or less banks were able to cover 9,471 short contracts by orchestrating the latest silver slam from $42/oz down near $28/oz. Many suspect the majority of this short position resides at JP Morgan. That may be but if this is split evenly between 3 banks they are now under 5,000 contracts each or quickly nearing the proposed position limit formula of around 4,500 contracts at the moment. The timing of this short position being congruent with the expected position limit proves beyond a doubt that the many delays in implementation of this rule were orchestrated to give the banksters time to cover.
Bravo criminals! BRAVO!
BUT WHAT NOW? The price suppression of silver must continue in order to sustain an un-backed fiat monetary system and with these 3 banks nearing their maximum threshold of short positions how will they stop the inevitable rise in silver prices? Are they going to orchestrate ANOTHER silver slam to coincide with the general market collapse? It's excellent cover if they want to and we all know they CAN using computer trading programs. Or they may even add another bank into the manipulation fold to spread out their short position further. In this scenario they will clearly be exposed by the Bank Participation Report as a big NUMBER 4 will show up on the report for US banks. Talk about a neon sign for the market to understand that these shorts are in distress!
I think it's a tossup but Bart Chilton may have given us a little hint in an email that he sent to one of my subscribers back in mid August...
From: Chilton, Bart [mailto:BChilton@CFTC.gov]
Sent: Sunday, August 14, 2011 7:12 PM
To: Xxxx
Subject: Hi
Like you, I remain concerned about financial markets and how they have morphed. Massive passive traders (see my speeches if you'd like more on these) and the high frequency traders (those I call cheetahs, due to their speed) have at times moved markets in ways that I think nobody anticipated. Still, some disagree that they may have an impact. That is why, since 2008, I have supported the improvisation of mandatory position limits. They are the law of the land now and I am hopeful that my colleagues will agree that we need to implement them soon. In this regard, I am hopeful that we will approve such a position limit rule within the next 6-8 weeks. That doesn't mean it will actually be implemented as you and I would like (it may not be effective for another few months). However, the passage of a position limit rule is a key step to actually having such limits implemented soon...
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Wow. Did you catch it? He's saying that they may pass the position limits rule but then GIVE THE BANKSTERS ANOTHER "FEW MONTHS" TO RIG THE MARKETS!
First of all here's official announcement of the meeting to pass the final, final, final rule...again...
http://www.cftc.gov/PressRoom/PressReleases/pr6124-11
So how can this all play out? Here are 3 scenarios:
1) If they don't pass the rule on the 18th then we are right back to where we have been for the entire year. Continued manipulations into the foreseeable future.
2) If they pass the rule WITHOUT the few month implementation I would say "IT'S OFF TO THE RACES FOR SILVER!" The sky's the limit followed by a global meltdown of all monetary systems...the END GAME.
3) If they pass the rule WITH the few month implementation process then we would likely see JPM and friends bring silver back up to previous highs before another MAJOR SLAM before the rule is implemented.
If I were a betting man...I'd bet on scenario number 3. I think they will pass the rule and give the banksters a few months. During these few months the next financial crisis will hit allowing the banks to crash the gold and silver markets and cover even more of their short and then try to go long.
This also coincides with the introduction of the Volcker Rule which would shatter the banksters ability to keep the manipulation game going anyway. The FDIC and SEC just approved the Volcker Rule so it is READY for implementation but it will take some sort of banking crisis/fraud revelations to get it implemented. That will come shortly.
IMPORTANT: As I have been saying for years...THE ONLY WAY TO SURVIVE THE COMING CHAOS IS BY HOLDING PHYSICAL GOLD AND SILVER IN YOUR OWN POSSESSION!
Everything else is a "crap shoot" played out in a rigged casino.
The battles continue in the trenches and although the banking cabal has managed to skirt the laws and bend the rules for decades I BELIEVE their reign is almost over.
Not yet...but ALMOST!
May the Road you choose be the Right Road.
Bix Weir
White Hats Report - 33 & 34
http://tdarkcabal.blogspot.com/2012/...y-16-2012.html
http://tdarkcabal.blogspot.com/2012/...report-34.html
Quote:
January 18, 2012 - White Hats Report #34
THE BUSH CABAL - NUKING THE OUTHOUSE!
The White Hats and Ed Falcone have been in London all this week meeting daily with key parties interfacing with the House of Lords and UK Agencies. Multiple agendas are in play at the highest levels. The White Hats are using the U.K. arena to commence their work due to the total control that the Dark Cabal ... Bushes, Clintons, Obamas and all of their Minions ... has had in the United States, including the American Main Stream Media. It is difficult to believe the Bushes have gone undetected for 50 years with a hidden agenda that is so deep they have compromised every American virtue.
... However, we have Romney being prepared for office. A dubious man who stole Ed Falcone’s funds and pocketed a Billion for himself. We also have an illegal President with no Birth Certificate, with his hands in the pockets of Wall Street, with some very dangerous socialists and communists advisors, and America’s own fanatical version of Dr. Strangelove -- conspiring and planning to get Jeb Bush elected as the next Vice President, or even President, once the pending writs are served on Romney. It looks like Romney may also face real IRS investigation soon on his false Tax Returns. We must ask the IRS -- What about Romney’s offshore accounts with money he earned from the theft of the Falcone funds? Is your boss Geithner NOT letting you investigate the corruption?
The Agency Foundation and Obama tried desperately to get the 15 Trillion back from London but the banks won’t release it. Britain and America need to work together on this. WAKE UP CONGRESS! Those funds can be recovered in a deal with the United Kingdom! If you do not have the ability to step to the plate, The White Hats Do! Let us get the deal done.
Both the United Kingdom and America have been so badly screwed. America has simply become far too crooked for Justice to be accomplished here. America’s future and fate may well be playing out as these treasonous parties are exposed by Old Empires, whose own authorities are now availing themselves of the sordid facts. All records are being presented live and directed to Agency heads who are currently evaluating the hard-to-swallow evidence now placed before them. When you can’t get Justice at home, sometimes you have to get it another way. Again, at this very moment, all the facts, supporting evidence and brutal yet sordid truth, is being exposed naming and shaming those responsible for the deplorable and duplicitous conduct of our Leaders and Global Banker cohorts, including Ackermann of Deutsch and the full Commerzbank Traders and other connections.
It took many years to bring down Capone, and the Teflon Don. Focused dedication got them in the end. The spirit of Elliot Ness lives on. Because you don’t see it, doesn’t mean it’s not happening. All the evidence and facts are right now under appraisal by Foreign Enforcement Agencies who, in consultation with others, will select the route and time to unleash justice and retribution. We will not compromise sensitive incriminating evidence needed in court by pre-publishing. Just know we have it, it’s all there and it’s all playing out.
We will be in touch. Remember to keep a close eye and ear on the inner sanctums of Great Britain as the exposure is delivered to that great Sovereign body.