Online: | |
Visits: | |
Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
investmentresearchdynamics.com / Dave Kranzler /
I’m starting to warm up to the idea that the fraudulent silver price fix on the LBMA a couple weeks ago marked the final “capitulation” of the nearly 5-year price pullback in silver and 4+ year pullback in gold. We have yet to hear a satisfactory explanation from the LBMA for the exceedingly odd price behavior of silver seconds before the a.m. London silver price was set on January 28th.
I believe that event marked the “last gasp” effort by the highly corrupt LBMA bullion banks to shakedown the physical silver market in order to get their hands on as much physical silver as possible at as cheap of a price as possible. I believe, not uniquely by the way, that the synthetic short interest (paper derivatives shorts) in silver is even worse than for gold, which we know is at least 100:1.
Big banks hate losing money and will do anything – legal or illegal – to avoid losing money or to minimize losses. I saw this first-hand and peripherally participated in activities designed to minimize losses when I worked on Wall Street in the 1990’s. Everything is worse now in that regard and the people who are supposed to enforce the laws and oversee trading activities at these banks are now in on the corruption.
Silver Will Be The Trade Of The Decade At It’s Current Price
The post Silver Will Be The Trade Of The Decade At It’s Current Price appeared first on Silver For The People.
Thanks to BrotherJohnF