Sean Rakhimov: 3-Digit Silver Ahead [View article]
Ted Butler explains that they actually are only delaying the inevitable. Why are they doing that? Who would short silver? The banks are obviously dumb right? OOO, no, their not, so why would the big investment banks hold 79% of the short? Because as the random and sparatic silver bugs march in they pick them off one by one. They make more money this way that by not timing their dumps, so it makes sense. Its like attacking 1 guy with 10 guys at once, vs. one at a time, like in Kung Fu movies. We know they do it, we know they can at times make a lot of money doing it, but couldnt they make more going long? Probably, maybe, but thats irrelevant. The banks all work together, and since silver is real money and is an enabler of wealth among the masses, it must be kept as low as they can keep it. As silver and gold go up, fiat currency looks weaker and weaker. Its not really that complicated if you know what banks are, and why they hide their pratices. Like do most people on here know that your deposits are considered a liability on their balance sheets. As you withdraw money, they have to drop assets. Do you know what it means when something is on a balance sheet? It means they own it, sillies. They ALLOW you to withdraw your money, but as soon as its deposited, its actually considered their money, not yours. Now you know why the banks dont like gold and silver.
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Ted Butler explains that they actually are only delaying the inevitable. Why are they doing that? Who would short silver? The banks are obviously dumb right? OOO, no, their not, so why would the big investment banks hold 79% of the short? Because as the random and sparatic silver bugs march in they pick them off one by one. They make more money this way that by not timing their dumps, so it makes sense. Its like attacking 1 guy with 10 guys at once, vs. one at a time, like in Kung Fu movies.
Jul 09 20:40 pm
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All Comments by relmor2004 »Sean Rakhimov: 3-Digit Silver Ahead [View article]
We know they do it, we know they can at times make a lot of money doing it, but couldnt they make more going long? Probably, maybe, but thats irrelevant. The banks all work together, and since silver is real money and is an enabler of wealth among the masses, it must be kept as low as they can keep it. As silver and gold go up, fiat currency looks weaker and weaker. Its not really that complicated if you know what banks are, and why they hide their pratices. Like do most people on here know that your deposits are considered a liability on their balance sheets. As you withdraw money, they have to drop assets. Do you know what it means when something is on a balance sheet? It means they own it, sillies. They ALLOW you to withdraw your money, but as soon as its deposited, its actually considered their money, not yours. Now you know why the banks dont like gold and silver.