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Gypsy
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James Turk: Central Banks are Losing the War to Suppress Gold & Silver Prices *Podcast*

- Charleston Voice -

James, there is a Money Market where the traders are buying and selling paper money using PAPER MONEY. The way you explain things (over valued money compared to under valued money) the paper confidence game is based on some people placing a higher value on one paper money over some other paper money. Since they are both paper, and both are based on nothing, I fail to see any "real" basis for the Money Markets.

Here's a funny, and a comparison for you James. Let's say: I was once married to a hooker, and she had TWO redeeming qualities. The first of the qualities was obvious ~ and her second redeeming quality was ~ she could make the BEST home-made noodles ever known to mankind. Now, let's compare that to paper money. If I take this paper money down to the bank, it can be redeemed for . . . . . . hmmmm. . . nothing. So you see: it's redeemable for nothing. Does paper money really have ANY redeeming qualities ??

Let me give you the Reader's Digested version of this long story here: Gold and silver are desired EVERYWHERE and can be redeemed for EVERYTHING.

Commented 4098 days ago

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Beginning of the headline :by Adam Taggart Saturday, January 26, 2013, 1:08 PM Click the play button below to listen to Chris' interview with James Turk (34m:47s): My guess is that 2013 and 2014 are going to be big up year for the precious metals, but we still have to contend with the central planners and the various government policies, which have been actively trying to keep the gold and silver prices from reaching fair value. The central planners are losing the war. They may win an occasional battle or two, but... Read More

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