Patriot, buy silver 1 ounce bars , cheaper and still holds the value.
Passing this anonymous post along:
“Newcomers need to be taught not to pay any attention to the silver price on Kitco.com, goldprice.org etc. It’s taken from a place called the COMEX, which is simply a paper derivatives market.
In Marcs book “The Big Silver Short” the industry insiders whom he interviewed estimate that there are about 500 “paper” digital silver ounces for every real physical ounce in existence. The banks therefore, are all extremely short silver, up to 50,000% short.
Compare this with the 150% short-float of GME. They would collapse if there was a run on physical silver. All they can do in the mean-time is keep shorting the paper price more and more until the ponzi scheme collapses, because they are backed into a corner from which there is no escape.
The average historical daily in silver from the age of Pericles to hat of Dickens or Henry Ford was about 1/10th of an ounce, so the fact that, on a historical basis, silver ought to be at $1,000 an ounce today (40x higher) is clear proof of hyper-predatory shorting.
In fact, silver has nearly been wiped out of existence because of it which is probably one reason why the oligarchs started the “Great Reset” now, because they knew the world was about to collapse into a new Dark Age from lack of silver.
The market cap of inevitable silver is probably only a few tens of billions, simply keep buying physical silver and hold.”
Anonymous
I'm passing this along because I suspect this "rigging" of the gold and silver prices is probably true!
The real reason that the price of Gold and Silver do not ever reflect their true values is because the "spot market" numbers ARE MADE UP!
KITCO and there is another one, their numbers are totally made up.
So just like these rigged elections, those in control of the REPORTED PRICE of things, don't report the truth, and no doubt they are changing the rules behind the scenes to prevent the banksters from having to cover their shorts. Problem solved.
Recall the Big Banks got caught rigging the LIBOR prices in recent years???
Its what the BIG Banksters do: RIG the markets and the prices in their favor.
Its called collusion. Its suppose to be a "no-no". But we see they get away with it every day.
.
From another source I heard that a lot of silver shorts were DUE to be covered by Feb 28th (yesterday), but I see the spot prices not only did NOT go up, they went DOWN today! Completely crazy!
Well, I'm told they can't keep this up.
I do believe Trump is behind this Reddit Wallstreet gang taking on BIG Wall Street Thugs.....in order to provide an opportunity for the little guys to make money (get rich), at the same time we make the Big Guys go Broke!
Did anyone ever see that movie: "Trading Places" with Dan Akryod?
That is the theme of this comedy movie!
Of course, IF this were to happen, it will take a lot of the Big Banks down.....and the stock market along with it.
Trump can manage a way so the moms and pops in our country don't lose their shirts to the bank failures (FDIC insured deposits up to $250,000). That should handle the needs of most moms and pops, so they don't go broke too. Larger Corporations with massive deposits will be the first to yank all their money out of the dying big banks.
So I think we have a bumpy road ahead of us. Better buckle up.
Know that Trump is cleaning house EVERYWHERE!!! DC, Wall Street, Hellywood.....next will be lame stream media!
(post is archived)