This week Max Keiser and co-host Stacy Herbert look at the scandals of shameless Britain and Wall Street's cash cow. In the second half of the show, Max talks to David Morgan about the silver market.
Max Keiser : The big holders of silver in the business for example Eric Sprott back up in Canada or his chief analyst John Embry.
John Embry came out and said he guarantees hyperinflation.
Now the only way he could guarantee hyperinflation is if these gold and silver vigilantes, as I call them, get these huge orders and force physical delivery and to bust the Comex.
There's a lot of discussion about wether you can bust the Comex? Because they now settle up in cash etc.
Now are these precious metals vigilantes, can they bust the markets and bust the price suppression scemes by taking physical delivery and forcing the issue? Do you see it happening? Is this a trend that we can take some stock in?
What did Rothchild say?
"Give me the finances of a nation and I don't care who is running the government." Something like that.
PRECIOUS!
I love the keiser report ive learnt more from this show than working in the bank.
Trust me this guys onto something
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Monday, December 20, 2010
Sunday, December 19, 2010
In France Silver is Money
French Lesson For Silver Bugs
Flash news on Silver Bullion
Silver is not currency but rather money!! You cant print silver but you can print currencies.
- Later this year, the United States Mint will begin offering to silver bugs a new silver bullion investment coin. The silver coins will feature the designs of the America the Beautiful Quarters and contain five ounces of .999 fine silver.
- The Perth Mint has achieved another sell out from the popular Australian Lunar Gold and Silver Bullion Coin Series The success of the annual Series, which features the animals of the ancient Chinese zodiac, is highlighted once again with the 300,000 mintage of 2010 Year of the Tiger 1oz silver bullion coin now sold out.
- A 1794 silver dollar will highlight the Collectors' Auction to be conducted Oct. 15 by Scotsman in conjunction with the Silver Dollar and Rare Coin Expo in St. Charles, Mo.
This was "French Lesson For Silver Bugs"
Silver is sound-money, the other is fiat-currency.
Before 1971 you could call todays fiat-currency for money, becourse it was backed up with gold.
All currency today world wide is Fiat-Currency, none of them is money after 1971 more or less !!
All national banks today is backed up to the US$ as they see as a fictive reserve.
Fiat Currency took the worlds nations/goverments about 50 years to make people as us accepted/get use to it.
Thats why today Fiat Currency is a illusion of value !
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Silver is Money
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