The Curious Case For $936 Ounce Silver

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?

If it goes that high, wave goodbye to society at large.


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FTW. We will have bigger problems if silver reaches this point.

If it goes that high, wave goodbye to society at large.


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Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.

They're neglecting to mention that the funds don't have do this at all, but this isn't stopping the goldbugs and silverbugs from getting a woody thinking they'll be billionaires in a Mad Max world.

Here you are wrong, at least in the long term. Why? Because the fractional reserve lending of gold is based on an ever available production or mining of gold. The fractional reserve lending has outpaced production now by multiple values. Now the ratio is anywhere from 45 to 100. That means, in real terms for the main players they are exchanging in real terms gold at around $58,000 per ounce. As long as real production can lend some credibility to the ponzi scheme it's all a gentlemens bet between elites right? But what happens when gold production is falling in the face of hyperinflation of the monetary base? Short or naked short positions even on one contract (100 ounces) would cost $5.8 million to procure the contract in physical terms and that cost is escalating.

At some point it is exactly what Mises referred to as a crisis in confidence, or in this case a crisis in confidence in the confidence game itself. It will be time to pick up the ball and go home for the elites who will wrangle to secure their physical from the warehouses. Now the value in gold lies not in it sitting in some dusty warehouse, the value in gold lies in it's use or it's function as a medium of exchange. But what the elite have done is effectively eliminated that potential, the potential of it's exchange by leveraging the paper markets to their advantage. They destroyed money, and they think they have all the money, if you have all of nothing what do you have?

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.


They're wrongly assuming that the ETF funds don't have the silver they claim to have and they're only paper-baked (stock paper that is) at a ratio of 45:1, so someday the fund will have to purchase silver and inflate the price.

They're neglecting to mention that the funds don't have do this at all, but this isn't stopping the goldbugs and silverbugs from getting a woody thinking they'll be billionaires in a Mad Max world.

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.


They're wrongly assuming that the ETF funds don't have the silver they claim to have and they're only paper-baked (stock paper that is) at a ratio of 45:1, so someday the fund will have to purchase silver and inflate the price.

They're neglecting to mention that the funds don't have do this at all, but this isn't stopping the goldbugs and silverbugs from getting a woody thinking they'll be billionaires in a Mad Max world.





Very true; my thing is no matter if the dollar collapes, they will have another reserve currency set in place and the price will be manipulated back down again and the game will go on and on.

I knew that was a bogus figure and as with everything thing else with oil, metals, etc. it is all speculative pricing.

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.

Safety is in the industrial commodity silver, because the bankers do not own tons of it.

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.

Because they are selling 45 sheets of paper of ownership to 1 ounce of silver, 45 to 1.

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.

Because they are selling 45 sheets of paper of ownership to 1 ounce of silver, 45 to 1.

Let me see here: 52, 121, 600, 936, 1200, 1500, 5000, 10000...... Did I get them all?



LOL something like that; I don't know where they are getting their 45 multiplier from.


They're wrongly assuming that the ETF funds don't have the silver they claim to have and they're only paper-baked (stock paper that is) at a ratio of 45:1, so someday the fund will have to purchase silver and inflate the price.

They're neglecting to mention that the funds don't have do this at all, but this isn't stopping the goldbugs and silverbugs from getting a woody thinking they'll be billionaires in a Mad Max world.





Very true; my thing is no matter if the dollar collapes, they will have another reserve currency set in place and the price will be manipulated back down again and the game will go on and on.

I knew that was a bogus figure and as with everything thing else with oil, metals, etc. it is all speculative pricing.


How are they going to value this new reserve currency with the current levels of debt (debt seniorage)? They cannot resolve the inherent structural problems. The fact is their greed has abused the fiat monetary structure, we would need a third world war for this to occur. Perhaps that is in the cards but I am confident that without a world war they cannot establish a new world reserve currency. Now, it may be possible for the BRIC and OPEC countries to succeed from the reserve currency system (the dollar) which they have already announced they will do, but initially at least it will have commodity backing meaning they are leaving the anglo saxon banking cartel in the dustbin of history. The NWO wants you to believe it wields unlimited power, but the reality is greed ultimately reaps it's own reward, that is destruction.

What do they have to do then? Pay the holder in whatever fiat currency?