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Message Subject The Curious Case For $936 Ounce Silver
Poster Handle Anonymous Coward
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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 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.

5a



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.
 Quoting: Tols


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.
 
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