Madam CFR Clinton.
Thank you CFR and Trilateral Commission. You have done it again. Yes for the markets tomorrow oil should start rising again. Sanctions. Oh and what about Darur and the Congo. Oh they don't fit into your little chess game yet. So Less people around the world to trade with. Yep just plan a war so we won't think about auditing the FED. I wonder how much this FED IMF induced contraction of credit will take us down this time. Oh we need to spend more taxpayer money to feed the FED for the good of the country so that we can make up for the lack of trade we are going to do with Syria now. How many more Countrys. Yep I also want to thank Cramer and others for explaining to me about how the Exchanges manipulate the market. When oil was at 147 a barel you all kept saying it was because it was the eccomony that was doing so well. No it was margins. When silver started doing so well they called in the margins. When Oil started to go to high this time the Oil Reserve was tapped but no drilling. Then when that did not work you called in margins. Piff. Gold started to rise and you called in margins. So who was it that decided to wreck the Country back in 08 by not calling in margins to keep oil at 147 just like the Rev. Lindsy Williams on the Alex Jones said? Yep I have figured out a little bit about how you used GS to make the calls on how high oil was going to go and it did. Then they came out and said it was going to fall and it did. Every time GS comes out and says where oil should be it magically happens. Amazing. Humph.............. so. Tomorrow well we will see where things go. Oh and stop talking about how silver is not a currency like gold. You so don't like it when things get out of your control. http://whiskeyandgunpowder.com/silver-currency/
Silver Currency May 16th, 2008 | By Byron King | Category: Currencies
Are you old enough to remember when the U.S. used silver coins? I am. U.S. coins used to contain 90 percent silver. In some ways, it was a sign of mutual respect between the people and their government. The people trusted the U.S. government to keep an honest currency. And the government trusted the people with the “national silver,” so to speak.
My dad always liked silver coins. I recall the late 1950s and early 1960s, when my dad kept a can of silver coins hidden I his bedroom closet. (Well, he couldn’t hide the can from me and my sisters.) My sisters and I used to crawl into Dad’s closet and play with the coins. We stacked them up and then knocked them over to hear that unique silver jingle. Back then, the U.S. had real money.
But by the early 1960s, the “real” silver money was competing with the nation’s paper currency. And as Gresham’s Law states, “Bad money drives out the good.”
Bad things were happening to the value of the U.S. dollar, although I was too young to appreciate the problem in the making. So in 1965, the U.S. stopped minting coins with silver. What a shame. I could tell that something was wrong. I remember my dad and other family members and friends just shaking their heads back and forth at the news. “Bad money is the sign of bad government,” said my grandmother, an Ohio schoolteacher.
It was sad when those silver coins went out of circulation. The country really lost something when in gave up silver money. And today we can appreciate the loss only in hindsight. Where would we all be now if the U.S. had kept both its industry and money strong?
Nowadays, you almost never encounter silver coins. They don’t normally circulate. But silver coins still hold exceptional value. The old dime contains over $1.40 worth of silver at today’s silver price. The old quarter is worth nearly $3.60. A 50-cent piece contained about $8 of silver. And a good old silver dollar is now worth more than 16 times its face value. And these are just the silver values of the coins. The coins themselves might be worth far more, depending on condition and rarity.
Do I trust that the Paper silver and gold exchanges have the money. Nope. Like everything else it is just another scam.
http://www.opencurrency.com/bis-changed-silver-data/ A banking representative was asked directly what the banks were hedging by being so massively short of silver at the COMEX. The answer was that the banks were “hedging client long positions in the OTC market”. That’s obviously an admission of manipulation, because client long positions do not need to be hedged, since the client obviously wants to be exposed to the changes in the silver prices, which is why they bought silver to be held by the large LBMA member banks in the first place. So if the banks are hedging client long positions, it means that the bank has not bought the silver, and that they want to prevent silver prices from going up, because if it does, then the banks will owe their clients a lot of money, so, to “hedge” that exposure, they short at the COMEX, which is the market that generates “price discovery”, since trades there create a trail and record of prices.
After all, imagine what the silver prices would be if the LBMA banks actually went into the market to buy 13 billion ounces of silver, or 19 years worth of annual production. Clearly, the silver prices could go hundreds if not thousands of times higher, and it could destroy the entire financial system of paper money.
The revision was an adjustment from $203 billion down to $93 billion, and the adjustment is strange, because it was the only number that was repeatedly and consistently highlighted in this silver stock report. It’s also strange because the amount of the value of the gold contracts, at $425 billion, and other commodities contracts, at $3101, went unchanged for that reporting period.
This BIS change is significant, both in the relatively large silver amounts, and the reporting period. The change took place after I began publishing this BIS data, and soon after I filed the first anti trust complaint against JP Morgan with the Justice Department, in April, 2010.
This data change also took place after the filing of approximately 25 lawsuits against JP Morgan over silver manipulation.
So then I stumbled accross another report from a few years ago. http://911research.wtc7.net/wtc/evidence/gold.html
U.S. Gold, Going or Completely Gone?
New Warning About Muslim Brotherhood’s Influence on White House From…Liberal Marxist Muslim http://www.theblaze.com/stories/new-warning-about-muslim-brotherhoods-influence-on-white-house-from-liberal-marxist-muslim/
Yep lots of news to think about and god speed my dears.