As I've already mentioned on this blog (see About Page) there are hordes of precious metals speculators attempting to drive the price higher.
One of their usual tricks is to throw out a chart such as the below (from Silver Doctors):
They tell you that the price is being manipulated downwards by an undisclosed cartel! But notice how the chart above only shows from when the price started dropping? What they don't show you is the graph showing the unnatural spike in silver that occurred prior to the drop...
As we can see from the above chart they price rose unnaturally earlier in trade in this particular trading session and was simply returning to it's natural level as the price drifted gracefully downward again.
The hypocrisy here is amazing, those manipulating the metal higher claim there is a cartel doing the opposite! While not always specified, often the cartel is reference to major US banks such as JP Morgan who we at Paper Money Shield hold in good standing as founder and part owner of the Federal Reserve Bank.
Attacks on reputable banks such as JP Morgan is a regular tactic of the precious metal cartel who are trying to push the price higher. They use such violent suggestions such as killing JP Morgan with a silver bullet. Unthinkable that such suggestions should be allowed on the internet. They should shut these precious metal terrorists down once and for good.
Attacks on reputable banks such as JP Morgan is a regular tactic of the precious metal cartel who are trying to push the price higher. They use such violent suggestions such as killing JP Morgan with a silver bullet. Unthinkable that such suggestions should be allowed on the internet. They should shut these precious metal terrorists down once and for good.
The price of silver has risen steeply over the last couple of months (from around $26 to $35). This is almost definitely the work of the army of small stackers who are trying to drive the price higher and flip the metal onto unsuspecting public at a higher price. With productions costs for silver much lower than today's spot price we can expect silver to continue falling in the long term until the "ponzi factor" is reduced significantly.
There are many influencing leaders of this army using their highly held regard amongst stackers encourage the purchase of physical (an attempt to drive the price higher by reducing available metal for delivery to the non-speculator purchases, such as the use of silver for industrial purposes). They try to use buzz words to give themselves a modern vibe, such as "Get your phyzz from the Doc" but those manipulating precious metals higher have been in the game for a long time... they are far from hip.
There is a cartel in the gold and silver market, they refer to themselves by many different names, such as "stackers" or "silver liberation army", but the ugly truth is they are nothing more than market manipulators set to wreak havoc on the Paper Money that most of us rely on.
We cannot let such blatant manipulation occur in our markets! It's important that we support the Paper Money of our Governments by holding our savings in them. As pointed out in an earlier post, those who choose to hold Paper Money should be rewarded as the purchasing power comes out of the long term bear market and returns to long term averages at much higher levels than today!
Yours in wanting the precious metals manipulators to stop
- Paper Money Shield
Congratulations on this new blog, Mr Paper Money Shield... This is hilarious stuff.
ReplyDeleteThankyou Mr JdA, the hypocrisy of the precious metals cartel is indeed quite hilarious and I will look to expose their antics whenever I find time in my schedule!
DeleteGood faith in fiat my Paper Money brother
- Paper Money Shield
I suggest you learn the vital and important economic role of the so called "evil" speculator.
ReplyDeleteYou clearly have zero comprehension of basic economics.
This post has nothing to do with economics, more so speculative manipulation by a cartel of Gold & Silver advocates. They must be stopped at all costs!
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