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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (84121)	8/30/2008 4:15:53 AM
From: Proud Deplorable	Read Replies (1) \| Respond to of 116555

Like I said, the past system of accepting crooked entities establishing spot prices is antiquated and about be be abandoned due to rigging of the market and futures by criminals and governments (same thing) You and Nadler sound quite defensive over the prospect of the futures dealers losing control over real money. Nadler has a lot to lose as he represents Kitco but he is one of the people responsible for the new attitude toward silver bullion and people are fed up with reading people like him trash their own products. Would a car dealer trash a car hes trying to sell? Nadler knows nothing about rule number 1 in business and if I were Kitco I would remove his commentary from the number one spot on the list that he occupies daily. I'm sick of Kitco and so are many others. Kitoc and their friends at J&M are trying to rig the market. Kitoc refuses to sell the most popular silver product out there, the 10 ounce stamped bars and they say that the reason is that J&M and others aren't making them. Here's how they rig the market. They claim that the LME or some other entity only recognizes certain company's bars and the rest are not as good. The problem is the companies that used to product these recognized bars don't make them anymore. THE WHOLE THING REEKS OF A SCAM. I don't want anyone telling me what I can sell my silver for in cases where none is available. I can get MUCH more for it by ignoring the spot price and going with the REAL market price Remember free enterprise...supply and demand? Please Mish get this through your head. Silver is far rarer than gold and the shortage is real...and Nadler is a smooth talking idiot. Note I'm not talking about gold but if the mints don't want to provide the public with product...SCREW THEM. That's exactly what we are waiting for, a chance to put the PMs back in the hands of the public so they can establish their own prices. I no longer accept some BS Comex telling me what my silver is worth. I am buying silver off a neighbor this weekend for about 1.50 over the current wholesale price as established incorrectly by services like Kitco and i don't care if you call me a nut case. I know more about silver than you do but it doesn't take a brain surgeon to know that it is in short supply and this isn't going to change until people pay more...not less for it.