Informing the wolrd about the COMEX silver manipulation and the potential of physical silver investing
People must wake up to the reality that the whole monetary system is a ponzi scheme. We need currencies backed by gold and silver and a free market system, not socialism and fascism and all the "isms" which translate to gov't control and corruption. The media forgets that that the bankers in Wallstreet and London couldn't have created this mess without the governments complicity. Even now the government is continuing the treasonous act of bailing out their criminal bankster friends.
Friday, December 24, 2010
BIS show 87$ billions of paper silver were created in six months!
BIS statistics shock.During Dec 07 -June 08 ,87$ billions of precious metals(excluding gold ) derivatives were created .This is about 10 times the whle COMEX open interest!!!
I am pro-silver and and agree that physical holdings is a must. Obviously the market is somewhat manipulated. However, it is inaccurate to consider this $87B number as a figure representing money that could have been invested in physical silver, it is simply not the same thing. Did you see on the report there is hundreds of billions of otc derivatives in agricultural commodities such as wheat. Is the wheat market manipulated, with hundreds of billions diverted from physical wheat investment?
I am pro-silver and and agree that physical holdings is a must. Obviously the market is somewhat manipulated. However, it is inaccurate to consider this $87B number as a figure representing money that could have been invested in physical silver, it is simply not the same thing. Did you see on the report there is hundreds of billions of otc derivatives in agricultural commodities such as wheat. Is the wheat market manipulated, with hundreds of billions diverted from physical wheat investment?
WHY IS SILVER THE BEST INVESTMENT NOW? Mike Maloney
"...they don't make any money off the gold and silver... they tell you that it's dangerous... don't put any more than 10% in your portfolio as a hedge... what a bunch of crap! Gold was $35 an ounce in 1971... for the DOW to have had the same performance over that period of time it would have to be over 26,000 points." - M. Maloney
GOLD is the money of the KINGS, SILVER is money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
GOLD is the money of the KINGS, SILVER is money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
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