Bernanke and JP Morgan to drive down GOLD and SILVER between now and election day.

This article is just too sophisticated for the average person. ;-)

Here's hoping.

Backing up the truck.

What article you talking about? All I see is some ramblings from a lunatic.

truth

SI futures falling like a rock...good call

Hey, I'm the OP and dis lunatic is right. The article is what I wrote in the first posting. It's purified gold in written form.

Look where gold and silver are now (10:52 central time.) It be droppin', baby. Booyah~

Stack em' up baby!

Do you have a link to the article?

Last Edited by LJS on 10/15/2012 11:59 AM

Article might not have been the best choice of words. The 'article' is my brilliant posting, not someone else's prediction.

What I wrote stands or falls based on what happens and the facts on the ground:

1- Bernanke wants to continue in power controlling the money supply.

2- He gets canned if Romney wins (not reappointed.)

3- The Fed works with JP to keep the dollar from collapsing, ie, a strong dollar has always been the policy of the Fed.

4- The dollar can't remain strong if each dollar buys less gold.

Original thoughts are better than an article.

I do agree with you.

lol why do you think Romney would fire Bernanke? It doesn't matter what he says, because he will say anything to win. What matters is what his sponsors (i.e. big banks) want.

I'm not sure if Romney can fire the Fed chairman. All he can do is not renew him when his term expires. I believe Benny's term is coming up pretty soon although I'm not sure about that.

Romney has indicated he will not cut Benny at the end of the season.

By the way the point of this article is that Benny will be dropping the price of precious metals. If Romney tricks us and renews Benny, that won't change Benny's behavior now because he BELIEVES he will be sent packing.

Please delete the bolded "not" above. Don't you hate it when that happens! ;-)

Romney says he will replace Benny.

At today's close silver was down 78 cents from Friday's close. Since then silver is down another 7 cents.

Gold dropped nearly $17 and is down another $1.70 since opening.

Is there any doubt Bernanke is an Obama fanboy?

Precious metals keep taking it in the shorts. It's down $2 this week.

It's going to keep dropping until November 6th, folks.

Stock Options Friday today !!

M-A-N-I-P-U-L-A-T-I-O-N !!!!!!

That is all

Gold is down about $65 this week. Silver is down about $2.75 for the week.

It looks like Bernanke and company are doing what they can.

They really put the boot in, today!

Time to buy!

It all makes sense to me the more USD they create out of thin air the more valuable it becomes against the tangible assets like gold and silver. What it does not make sense to you?

It is voodoo magic...

Gold is continuing to go down. Look for it to continue until election day.

Less than two weeks now and silver is over 31.

The stock sham market however has lost more.

Feel much safer buying PM's. Never too early to start stacking.

Good. I can scoop up more before they lose control.

If you like manipulation because you believe you can benefit from it short term, you are making a fool's bargain.

For me, the value of silver is as a retainer of real value. It's been said that a silver dime bought a gallon of gas in the 1960s, and will still buy a gallon of gas today. It has always been valued as currency, but it also has medicinal and industrial value. And if those two uses keep increasing, silver will be increasingly valuable.

So holding physical silver is just a smart "savings account" that won't lose value--- unless you trade it for fiat money when the fiat sum won't buy you much. That's why it's smart to buy silver when the price is low; you get a lot more real money for fake. Later on, when the fake money inflates or the silver spot price is no longer manipulated, you could trade silver for fiat. But that would only be smart if you immediately used the fiat to buy real goods or services.

I don't see silver ever being worthless. Sure, there's always the "you can't eat it" argument, but in a scenario where people are starving, they'll kill you to take your stash of food and medicine but not your silver. The value of silver will be after society begins to recover.

So my strategy would be to stack silver while the price is low, and when it isn't, buy canned goods and bottled water and medicine to stash. And of course, also give to those who are in need right now.

Nice buy more.

This chart shows the almost daily drop in the price of gold in October.

Day by day Bernanke's butt buddies at JP and Goldman Sachs are driving the price down in order to benefit Obama and to enrich themselves.

The melt value of a silver dime today is about $2.20 try buying a gallon of gas with that.

To be fair gas was about 20 cents in 1962 at best. So two dimes would buy you a gallon of gas with a little left over.

Missing the point.

Also missing the part where I said "It's been said". I'll go find a chart, sheesh.

ADDED: So it was a quarter, happy now?
[link to www.thedailycrux.com]
And a video: [link to www.silverdoctors.com]

Last Edited by Keep2theCode on 10/29/2012 06:45 PM

I Don't think so. If Romney wins it'll be business as usual for Bernanke...You'll see.

When I started collecting silver coins. Silver was at $12.00 an Oz. That same silver is now worth $31 Dollars an Oz.

No offence dude, but talk to the hand.

Silver is lower now than it was 19 months ago in March of 2011.

So take your gooey hand and wash the cum off. With the huge increase in the money supply, silver should have doubled in price. Recently Bernanke promised to increase the money supply by $40 billion a money with no end in sight - so the future value of silver should be increasing regularly.

Instead the price has dropped all month.

IOW, the price of silver is whatever JP and Goldman decide it should be. They can take it higher or lower.

My point here is that Bernanke is doing all he can to help Obama as the price of gold and silver dropping in the month of October almost daily amply illustrates.

My prediction has held true. After the election, there will be less reason to force the prices down. So PM prices should go up some, although JP, et al still have strong motivation to drop prices like a rock to continue their mammoth undeserved riches.