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EPIC CRIMINALITY: 637.5 MILION OUNCES OF PAPER SILVER DUMPED in One Hour After FED Minutes Released

[Ed. Note: For you educated home gamers, 637 million ounces of (paper) silver is getting darn close to the total amount of physical silver mined worldwide, in an entire year.]

from Silver Doctors:

On the now infamous Ron Paul/ Bernanke silver raid of February 29th, we documented how 225 million ounces of silver were dumped on the market over a span of only 30 minutes, smashing silver $4 from $37.62 to $33.68.

In a sign of the diminishing returns of paper market manipulation, on the heels of today’s Fed minutes disappointment, beginning at 2pm EST, over 127,000 contracts, or 637.535 MILLION OUNCES OF PAPER SILVER were dumped on the market in only 1 hour, resulting in a massive silver decline of…. $0.65. 

You read that correctly.

Nearly 80% of ENTIRE ANNUAL WORLD MINING SUPPLY was dumped on the market (during the thinly traded Globex session), over a single hour, and all the cartel could muster was a lousy .65 decline in the paper price of silver!

Read More @ SilverDoctors.com

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Trackbacks/Pingbacks

  1. EPIC CRIMINALITY: 637.5 MILION OUNCES OF PAPER SILVER DUMPED in One Hour After FED Minutes Released - London Ontario Alternative News for Local Business, World News, Sports & Entertainment Plus FREE CLASSIFIEDS - April 5, 2012

    […] EPIC CRIMINALITY: 637.5 MILION OUNCES OF PAPER SILVER DUMPED in One Hour After FED Minutes Released (wrc559.com) […]

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