Harvard has announced that any individual who believes in silver manipulation is mentally ill and suggested to be treated immediately for their conditions under guideliness to be setup via the American Psychiatrist’s Association. This announcement comes on the heels of the late 2012 announcements by the CFTC and the SEC that there can be no confirmation of foul play in the paper markets. In other words, while, yes, LIBOR is manipulated, the government cannot go forth and officially state that real money, too, is manipulated. In August, the CFTC was still continuing its investigation, after four years, and then in November the SEC announced that paper ETP’s do not determine the price of commodities, which then, apparently, led the CFTC to give JP Morgan the go-ahead on their planned copper exchange on US soil, over which copper users expressed concern.
-sv
Hahahahaharvard!
Thanks for all your shows!
… Copper, you say?!
‘Today was a slow day for me, only 4 <'82's ;D
Just say'n…
Update; “Harvard wants to correct a mistake in the earlier story. It is the Harvard School of Divinity that has announced their participation with the APA, who kindly allowed them to make their claims and then helped them all with a nice warm drink, a blanket and some new experimental medication”, a spokesperson announced later in the day. “Harvard University school of Psychology announced another record purchase of silver for their pension fund, and thanked the School of Divinity for helping with the fire sale pricing. We apologize for the confusion this has caused”.
I guess in a world where we’re supposed to think every living thing somehow lives absent a biosphere, we’re supposed to believe every economic action occurs in isolation as well. Apparently we live in world of no cause and effect. Like buildings with floors of great mass that may possess nearly no inertia suddenly, in a specific well-timed sequence on a particular morning.
Harvard’s weak attempt at numbskullduggery aside, in the real world when you tax something, you reduce participation. This is the premise government uses to justify fines (taxes) for actions they deem harmful to society. So if a speeding ticket manipulates driving habits, how could a tax (fine) on bullion purchases in the Euro-zone NOT manipulate bullion buying? The VAT on bullion is blatant manipulation of precious metals prices. It is a literal direct tax on the real money that competes with fiat money.
Lets all remember how hard Harvard fails at managing their own funds before we laugh at their little barks of authoritarian ad hominem propaganda. Smells like someone is invested in a lot of paper with fancy drawings on it. Smells like fear.
The American Psychiatrist’s Association is not so bad, here is how it works:
“A group of semi-morons of epsilon-minus that are going on a natural nausea enforcement feel trip. Blue bean second floor, enjoy yourself.”
Back to cubicles, nothing to see here: http://img.desmotivaciones.es/201105/SOMA.jpg
Bye A’ll”
This is interesting, but what and where have they actually announced? Link would be useful..
It’s pretty easy to basic reality checking for case of silver manipulation. There’s under 1/7 oz of silver supply per world capita a year. After industrial use 1/20 oz that is. So if everyone in the world would put $5 in silver, therewould be none left for industrial use.
Do they also diss Nobel laureate Milton Friedman, who has said that silver is the most important money in history?
On the Wikipedia page for the subsidiary that manages Harvard’s pension funds, the loss of $8 billion is referred to as shrinkage. The same term retailers use to describe shoplifted product. In their attempt to avoid calling the loss what it is, they got closer than they meant to!
If anyone should know about manipulation it’s Harvard. They have one student cheating scandal after another. And we are taking dozens of students at a time. Mental illness anyone? I’ll keep my silver thank you very much. I’m waiting for the “MANIPULATION” to cease so I can have my mental illness treated.
Many years ago in Germany, they locked up and sent a man to a psychiatric unit because he claimed one of the Landesbanken was committing fraud.
A few months ago, it turned out he was right.
Now the Bayern Justice Minister has some explaining to do !
Maybe they should lock her away for 7 years instead ?
Interesting:
http://www.nachrichten.at/nachrichten/weltspiegel/Bayerns-Fall-Mollath-Psychiatriert-weil-er-Landesbank-Skandal-aufdeckte
I had always somewhat more respect for the German law
Really what else comes next from a University that named Larry “women can’t do math” Summers? Maybe they will revert to type and start burning witches.
Named him President of the entire enterprise…..Not Dean of Athletics or Religion but President of the whole thing….
Long ago I wore that white coat.
Now I’m stacking silver.
Does the prove anything ?
I guess the politicians are not the only critters that are insane. Those who would defame and persecute those who have morals and can recognize what is really going on in the world are also more than just a tad cuckoo. Clearly the lunatics have taken over the asylum.
I try to verify outlandish sounding claims, and this one sounds right up there. Several Google searches didn’t return anything about Harvard announcing anything of the sort so unless someone can provide a link to the paper or web page in question, I wouldn’t put much stock in this story.
So much psychiatrist bashing… I’m starting to think you’re all Scientologists.
So Harvard, a respected University says there was no manipulation.
Any chance of countering their claim with any substance for those of us who don’t follow these things as much. All we have here is ‘he said, she said.
“.. and other interests”, Harvard?
Google: Amid Federal Land Grab in Brazil, Whole Towns Evicted at Gunpoint by Alex Newman
Federal Brazilian police and military personnel, some wearing United Nations insignia, are forcibly relocating whole communities in Brazil at gunpoint under the guise of returning huge tracts of land to a small group of Indians whose ancestors were allegedly there at some point.
Excerpt:
Critics& local residents have accused the government of Brazil of mass corruption, saying the end goal is to smash private property ownership &all potential resistance — starting with the rural population. They argue, among other points, that federal authorities are doing the bidding of foreign interests &are in cahoots w/ the UN, massive international corporations, Western-based non-governmental organizations like Greenpeace, & other interests.
“other interests” ??
Remember this?
Harvard, Vanderbilt, Spelman Exposed for Taking Part in “African Land Grab”, June 20, 2011
Excerpts:
Called “Understanding Land Investment Deals in Africa,” the report by the Oakland Institute claims farmers in Africa are being driven off their lands to make way for new industrial farming projects backed by hedge funds seeking profits and foreign countries looking for cheap food.
“But when they start buying even the means of production — they control labor, they control large tracts of land, they control water, they dictate what is grown and how it is grown — it is the kind of vertical integration of a food system that we have never seen before.”
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Spotlight on Harvard in Brazil, March 24, 2011
“From the 17th floor of Harvard’s David Rockefeller Center for Latin American Studies’ Brazil Office on Avenida Paulista, President Drew Faust looked beyond nearby helicopter pads to the center of São Paulo and the Guarulhos International Airport, where she had arrived two days before. The clear day allowed her to take in the Serra da Cantareira mountains to the north, the green oasis of the University of São Paulo’s campus to the west, the Museum of Art of São Paulo across the street, and the sea of buildings that define South America’s largest city.”
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Can Timber Rebuild Harvard’s Endowment?
By Michael McDonald on September 20, 2012
Jane Mendillo boarded a turboprop plane in Brasília in April and flew deep into the Brazilian countryside. The flight took her over dirt roads running through endless hills and valleys and unimaginably beautiful wilderness. But Mendillo, head of Harvard University’s $32 billion endowment, wasn’t there to sightsee. She was visiting tree plantations and inspecting Harvard’s holdings.
Hmmmmmm?
The comparison with Libor rigging isn’t very helpful in explaining the plethora of accusations for POS rigging. The experts say there is rigging and there are huge naked shorts to keep the POS down. Yet that cannot happen ad infinitum as the price has to be paid and would have bankrupted those unclothed shorters by now. Counter-parties to naked shorts are not suing naked shorters for default. If say the USA wanted to stop China and Russia and all the other central banks around the world that seem to be accumulating PMs they might usefully go naked long on the metals. It might not stop the great move east in silver and gold in its tracks but it would put a crimp in Asia’s plans for buying cheap precious metal.
And Lance Armstrong for years denied not taking performance enhancing drugs and look how that turned out in the end.
Primary silver miner Fresnillo was producing silver for $5 to $7-oz while the market was valuing it at nearly $50-oz. How can it be manipulated below real value? If anything it’s the other way around, a typical pump and dump!
I’m glad I didn’t go to that shitty University.
“First they ignore you, then they ridicule you, then they fight you, and then you win.”
You can bet they are scared shitless! That’s why they riducle people who know the silver price is manipulated. A gold to silver price ratio of 54 says enough.