A Serious Upside Explosion In Silver Is Coming!
This blatant market manipulation activity to me suggests there’s something worse going on behind the scenes than you and I think…All i can see is increasing volatility in the system…this is blowing a hole in derivatives. Given how intrusive derivatives are on bank balance sheets there has to be problem that they are trying to cover up…
The eventual upside of silver, to me, is why all the pain is worthwhile. As long as you are not playing with the sharks in the paper market and getting cleaned out on a regular basis and you’re using this opportunity to acquire physical silver, I think you are going to wake up in the not too distance future and be shocked at the magnitude of the price gain.– John Embry
Think about this way: If a banks takes its interest paid negative, it means the banks takes money from your positive account balances every month. If you have the option of withdrawing cash, you can at least avoid this expense by holding your money in cash. You won’t be earning interest but you won’t be charged to hold a positive currency balance at a bank. But eliminating cash from the system takes this option away. This is why the bankers are promoting the death of cash (Willem Buiter is the chief “economist” for Citibank). It’s another mechanism by which the banking elitists will be able to steal your money.
http://www.silverdoctors.com/john-embry-a-serious-upside-explosion-in-silver-is-coming/
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