- The bullion banksters have once again smashed the price of gold and silver. It is just another desperate attempt to delay the inevitable: a global fiat currency collapse! Don’t be taken for a ride. Gold and silver are money for thousands of years. Unbacked fiat currencies are a CONfidence Job Illuminist banksters sell to the sheeple.
Bix Weir: Is The Silver Market Rigged? Yes!
There is massive fear in the silver market. Every time the price of silver moves down a tick the sweat begins to bead up on the brows of silver investors and the dark FEAR of investing doubt fills their thoughts. “Oh my God, have I made the wrong decision again?”…”What was I thinking buying silver when it was so close to it’s all time high price?”…”Maybe I should sell some silver to take some of my winnings off the table”. Ultimately it is FEAR and not GREED that drives the big moves in price of all investments and right now FEAR is the motivator for silver investors. But very soon that same FEAR will be the driver of silver blasting off to the moon!
QUESTION #1: Is the Silver market rigged?
ANSWER:YES. Everyday and every trade the silver market is “controlled” and has been for at least the last 40 years. NOBODY knows the true Fair Market Value of silver anymore so all prices for silver are currently irrelevant.
QUESTION #2: How is it done?
ANSWER:The silver market rigging is accomplished by running computer market trading programs to “steer” the price of silver up and down flushing out weak hands on the price slams and covering short positions that were previously put in place to cap the rising price. These silver “trades” have little to do with physical silver but everything to do with paper derivatives of silver. There is no floor or limit to where “the controllers” can place the price of silver.
QUESTION #3: Why are they doing it?
ANSWER:To save the unbacked fiat monetary system. Unless you control the prices of all commodities, especially the monetary metals, an unbacked paper or electronic monetary system will fail in rapid fashion. As such, when the US went off the Gold Standard in the early 1970’s, Alan Greenspan wrote and implemented the original computer market rigging models to PROLONG the acceptance of unbacked fiat money. This was the implementation of the 1960’s economic theory called “On The Road to The Golden Age” by Bertil Näslund which dealt with Nobel Prize winner E. Phelps’s “Golden Rule Theory” of equal capital accumulation. The ultimate conclusion of this theory was to print as much unbacked currency as possible for as long as possible to reap all the rewards before returning to the discipline of a Gold Standard.
QUESTION #4: When will it end?
ANSWER: There’s the $100 Trillion question which actually has a very reasonable answer…The market rigging will end when the benefits of printing unbacked fiat money no longer outweigh the costs.The United States has hit that point as the “Bad Guy” banksters who abuse the system and have practically taken control of the country are in the process of transferring all that “VIRTUAL WEALTH” into their own pockets. Of course in the end THEY are the fools for believing in their own flawed monetary system where paper and electronic blips equals REAL WEALTH! The first attempt at ending the GAME was thwarted by the Bankters in 2008 but don’t despair… The next attempt at crashing the system is right around the corner and we have made SURE that they will not escape this time.
Those are the answers to those 4 very big questions. As for what will happen to the price of silver during the transition to a gold and silver backed monetary system…IT CAN GO ANYWHERE! But in the end it will be FEAR of losing all your virtual wealth that will drive the price of silver to the moon.
So during these times of turmoil in silver it is best to NOT LOOK AT PRICE but COUNT YOUR OUNCES and remember WHY YOU BOUGHT IN THE FIRST PLACE…