jt

Silver vs. Gold: 2004 to Today

Good article, John Lee. And dieuwer, the COMEX and CFTC have REFUSED to address these issues or even acknowledge that there ARE any issues. They have been apprised of them in detail, and have flatly denied any problem, any manipulation, any danger of delivery default. Why? Because they serve higher bosses than the American people or its govt. They serve the Fed and the Western bankers who have suppressed the prices of silver and gold in order to try to slow the recognition of the fraud that is called "fiat currency"...backed by nothing. They create it out of NOTHING and then charge interest on it!!! That's worse than the fraud of selling silver and gold in pool accts and then charging storage when indeed they didn't even have the metal with them to store. At least in the end, short of an inability to deliver, they will have to come up with the gold and silver, whereas the Fed has to come up with NOTHING!!!...there IS no recourse and nothing to get back wtih your dollars, your FRNs--Fedl Reserve Notes...absolutely nothing.

So yes...buy physical silver and gold...take delivery. Do NOT put your money in ETFs...they are paper promises with counterparty risks and are being used to dump silver and gold onto the market on days like today to continue the price suppression. But as John has just reiterated, the disconnect between the paper price and the physical price is growing...esp with silver. Buy it and hold onto it. One day some day, we will indeed have a default on delivery...wait and see. jt