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 real
criminals.
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
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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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The author is not affiliated with, endorsed or sponsored
by Sprott Money Ltd. The views and opinions expressed in this material are
those of the author or guest speaker, are subject to change and may not
necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not
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