Max Keiser: Silver Up Keep It Up!
Monday, December 6, 2010
Gold & Silver Survive A Price Suppression Conspiracy
It is only a matter of time for the rampant fraud to truly be exposed. Silver is at $29.80 today .
They won't be to hold it down much longer...everyone needs to put all they got into silver years ago. Its going to be to late next year.Silver and Gold are surving attacks by the global finacial elite to suppress precious metals prices. Last Month World Bank head Robert Zoellick planted a piece in the Financial Times where he feigned interest in having a gold standard re-instituted. Then the Conspiracy went into effect.
China began by raising reserve requirements for its banks
Next the Chinese government leaked word that it was "planning interest rate increases"( all within the span of a couple of days.
The conspiracy became apparent when an unprecedented move by the CME Group (owner of the Comex exchange) to radically increase margin requirements for silver halfway through a trading session took hold.
This was immediately followed by yet another increase in bank reserves by China's government.
Silver and Gold buyers held strong and kept buying dips. For now the banks have been defeated.
They won't be to hold it down much longer...everyone needs to put all they got into silver years ago. Its going to be to late next year.Silver and Gold are surving attacks by the global finacial elite to suppress precious metals prices. Last Month World Bank head Robert Zoellick planted a piece in the Financial Times where he feigned interest in having a gold standard re-instituted. Then the Conspiracy went into effect.
China began by raising reserve requirements for its banks
Next the Chinese government leaked word that it was "planning interest rate increases"( all within the span of a couple of days.
The conspiracy became apparent when an unprecedented move by the CME Group (owner of the Comex exchange) to radically increase margin requirements for silver halfway through a trading session took hold.
This was immediately followed by yet another increase in bank reserves by China's government.
Silver and Gold buyers held strong and kept buying dips. For now the banks have been defeated.
Bob Chapman on A Marines Disquisition Dec 02, 2010
Bob Chapman on A Marines Disquisition December 02, 2010
Bob Chapman wrote in the International Forecaster of the 4th Dec 2010 :"...Many of you have IRAs and 401Ks, which we have said your government would like to get their hands on. They are not going to stop pursuing these savings, so you have to act before they do. The government desperately needs that $6 trillion. These funds are at risk, even if all you have in these vehicles are only gold and silver coins or shares. If legislation is passed confiscating these assets and you are given a government guarantee on return, you end up with 100% of nothing. Based on that IRAs and 401Ks should be systematically liquidated with an eye toward tax consequences and penalties. Those who refuse to do so will suffer grievous losses...."
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