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yourdeadmeat69 » Comments » SLW

  • Equity Markets, Forex and Precious Metals [View article]
    I agree with the writer, SLW is a brokerage firm, not a mine, but it plays like one. The Fed is using banks, per Butler, to short commodities as it prints more fiat to bail out what looks to be the Depression of 2009 caused by real estate, the dust bowl of the early 21st Century, the trigger point for world Depression. Lies about inflation first and second quarter make the economy appear to be expanding, it's contracting. There are 8400 foreclosures in Los Angeles alone, and housing has at minimum, another 17% to fall.

    If the Fed didn't cheat and keep a short lid on silver and gold, gold would already be $2000, silver $25. By manipulating the POS and POG via shorting miners, the govt keeps the illusion fiat is worth something.

    How long that will be possible to do? Hey. They are successful burdoning the future with unending debt, why shouldnt they be able to print fiat to support fiat indefinately, regardless. When Bunker Hunt cornered the silver market 1980, they went to jail.

    When the Fed does it using banks as a front 2008, they get away with it.

    For a while.
    Sep 04 20:45 pm |Rating: 0 0 |Link to Comment
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