May 18, 2017
Can you name any product, service or any item of any type that is 66%
cheaper than it was in 1980? Of course not. There is one item on the
planet that is cheaper today than it was in 1980 – silver. Why is that?
How can that be?
We have seen several of the too big to jail banks be assessed “fines”
for rigging markets and funding terrorist. LIBOR and FOREX just to name
the two biggest market rigging schemes conducted by 5 of the too big to
jail banking cabal members. This is to say nothing of the drug money
laundering and being “fined” for funding terrorist organizations. No one
has gone to jail – no one.
On the other hand, Deutsche Bank was “fined” for rigging both the
gold and silver markets. The CFTC (Commodities Future Trading
Commission) conducted an extensive 5 year investigation into the silver
market rigging allegations. The CFTC was unable to find any wrong doing
on the part of the bullion banks. Deutsche Bank has settled one class
action lawsuit for a poultry $37 million for damages and faces another
class action lawsuit that is still ongoing.
I bring these items to the table to demonstrate patterns of
corruption, market rigging and bought-and-paid-for “regulators”, judges
and government officials that no longer apply the rule of law to the
I ask how could a commodity or any product that is bought and sold on
planet earth be 66% cheaper than in 1980. The evidence above
demonstrates how that is possible. The only remaining question is – why
is silver the kryptonite to the banking and financial system? Gold,
while the market has been proven to be rigged as well, has at least been
able to climb higher than in 1980. The current global “price” of gold
does not reflect it’s true value, however, it is still higher than 37
years ago. Silver, not so much.
If they have hit the wall with the amount of
silver (contracts) they have…wether Morgan and the other people, nobody
knows if it’s Morgan silver or not. They’ve (JPMorgan) been the big
reason silvers been destroyed for six years – specifically due to
JPMorgan and the U.S. government. It’s all a question now wether they’ve
hit the tipping point and hit the wall, as Ted Butler says and he’s
correct in that the Morgan cartel and their allies are trapped. How are
they going to get out? ~
Bill Murphy, The Daily Coin
We recently reported a drop in silver mine production and, a much
more significant drop in silver scrap coming to market. These are the
two main channels that fill market orders for physical silver demand.
Any other product or service, the world over, that is in short supply
usually rises in value due to the fact there is less of the product or
service than can fill market needs. This, once again, is not the case
with silver. Why?
“How did you go bankrupt? Slowly, then suddenly.”
The markets start out nice and slow and then
it starts to pick up steam and all-of-the-sudden the market will trade
differently than it has for years.
~Bill Murphy, The Daily Coin
Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory has contributed daily to SGTReport since 2012. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Visit The Daily Coin website and The Daily Coin YouTube channels to enjoy original and some of the best economic, precious metals, geopolitical and preparedness news from around the world.
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