Just some Silver Thoughts during these Historic Times
Stew
Posts: 1,002
Just from observations I have made over the last couple of years where the price
of silver is concerned is.
The price of silver is not influenced solely by the situations taking place in the U.S
alone. Silver price is established by global events and markets.
And over the last couple of years we have had some major changes in the way the
world is looking at and relating to silver and gold.
The Chinese have gone from a major exporter of gold to one of the largest importers
of gold and silver on the planet. Actively getting their population to buy gold and silver.
China's largest bank setting up funds for their people to put in small amounts of money at a time,
to build up to purchases of ounces of precious metal to be credited to their accounts or
taken home for those that want to take physical possession.
For those that cannot afford to buy an ounce at a time.
Why this even catches my attention at all is the fact that China is a communist country
and the fundamental core of a communist country is the State itself. With the population
working for the building of the wealth of the State. Not for the building of wealth
of the general population. Which they have begun to do by wanting their people to
purchase precious metals. I am not sure what caused this fundamental shift in
policy. Maybe getting ready to start a new currency based on silver and gold.
With the U.S. Dollar being the reserve currency of the planet that affords
us a unique position in the world to our great benefit ever since the end
of World War II. There has been a quite concerted effort to change that
position that we enjoy. China and Russia set up an exchange at the
end of 2010 so that they could bypass the U.S. Dollar altogether.
In February of this year the IMF (International Monetary Fund)
is pushing to replace the Dollar as the world reserve currency.
And today the U.N. (United Nations) has joined in on calling
for a replacement of The U.S. Dollar with a global currency
March of 2010 JP Morgan Chase gets caught red handed suppressing the silver market
there have always been rumblings of this going on for as long as I can remember. And
those that did not believe it just chalked it up to conspiracy theory noise.
But with them being caught in the act. The light begins to come on slowly in people's
heads (It was like a lightning bolt in mine I remember the day the story broke in March 2010 very well and I began hard core stacking)
people began to understand that silver was way undervalued artificially by JP Morgan's price
suppression scheme and began buying accordingly.
With a small vendor in Tunisia feeling no respect from those in political power.
He sets himself on fire in front a local government building, which sparks a protest
which ends with the removal of the long time repressive Tunisian government.
Which in turn ignites protests across the Middle East. Egypt is the next Government
to fall with the entire event played out in the major press outlets of the world
one was able to watch it every day all day if they so chose to on the internet.
Live feeds coming out of Tahir Square. Now Libya is going differently and the
Government is fighting back. Unlike Egypt where the Military were behind the people
Libya has turned to killing the protesters drawing in the rest of the world into
the fray. The entire Middle East is on fire right now.
There are also protests in the UK and Germany because they no longer want to
be part of the disastrous Euro experiment because they feel they are being made to foot
the bill for bailing out other countries where the economy has crashed or is crashing
Portugal, Greece and others.
Protests all over Europe for various other reasons where governments are taking from
the people to give to the banks and other various austerity measures.
Protests here in the United States over heavy handed
actions being enacted by state governments. Whether real or perceived
The rise in prices of everything from Gas to Bread
when a lot of people foolishly fell into the whole throw it on a credit card
thing, and live right to or beyond their financial limits so any rise in prices
would put them behind on everything.
people are on fire and revolution is in the air around the planet.
And in times of unrest and uncertainty people turn to what has been money
for thousands of years. Silver and Gold
If anyone can think of other reasons I would love to hear them because
the price of silver and gold directly affect one of the great joys in my
life, Coin Collecting
of silver is concerned is.
The price of silver is not influenced solely by the situations taking place in the U.S
alone. Silver price is established by global events and markets.
And over the last couple of years we have had some major changes in the way the
world is looking at and relating to silver and gold.
The Chinese have gone from a major exporter of gold to one of the largest importers
of gold and silver on the planet. Actively getting their population to buy gold and silver.
China's largest bank setting up funds for their people to put in small amounts of money at a time,
to build up to purchases of ounces of precious metal to be credited to their accounts or
taken home for those that want to take physical possession.
For those that cannot afford to buy an ounce at a time.
Why this even catches my attention at all is the fact that China is a communist country
and the fundamental core of a communist country is the State itself. With the population
working for the building of the wealth of the State. Not for the building of wealth
of the general population. Which they have begun to do by wanting their people to
purchase precious metals. I am not sure what caused this fundamental shift in
policy. Maybe getting ready to start a new currency based on silver and gold.
With the U.S. Dollar being the reserve currency of the planet that affords
us a unique position in the world to our great benefit ever since the end
of World War II. There has been a quite concerted effort to change that
position that we enjoy. China and Russia set up an exchange at the
end of 2010 so that they could bypass the U.S. Dollar altogether.
In February of this year the IMF (International Monetary Fund)
is pushing to replace the Dollar as the world reserve currency.
And today the U.N. (United Nations) has joined in on calling
for a replacement of The U.S. Dollar with a global currency
March of 2010 JP Morgan Chase gets caught red handed suppressing the silver market
there have always been rumblings of this going on for as long as I can remember. And
those that did not believe it just chalked it up to conspiracy theory noise.
But with them being caught in the act. The light begins to come on slowly in people's
heads (It was like a lightning bolt in mine I remember the day the story broke in March 2010 very well and I began hard core stacking)
people began to understand that silver was way undervalued artificially by JP Morgan's price
suppression scheme and began buying accordingly.
With a small vendor in Tunisia feeling no respect from those in political power.
He sets himself on fire in front a local government building, which sparks a protest
which ends with the removal of the long time repressive Tunisian government.
Which in turn ignites protests across the Middle East. Egypt is the next Government
to fall with the entire event played out in the major press outlets of the world
one was able to watch it every day all day if they so chose to on the internet.
Live feeds coming out of Tahir Square. Now Libya is going differently and the
Government is fighting back. Unlike Egypt where the Military were behind the people
Libya has turned to killing the protesters drawing in the rest of the world into
the fray. The entire Middle East is on fire right now.
There are also protests in the UK and Germany because they no longer want to
be part of the disastrous Euro experiment because they feel they are being made to foot
the bill for bailing out other countries where the economy has crashed or is crashing
Portugal, Greece and others.
Protests all over Europe for various other reasons where governments are taking from
the people to give to the banks and other various austerity measures.
Protests here in the United States over heavy handed
actions being enacted by state governments. Whether real or perceived
The rise in prices of everything from Gas to Bread
when a lot of people foolishly fell into the whole throw it on a credit card
thing, and live right to or beyond their financial limits so any rise in prices
would put them behind on everything.
people are on fire and revolution is in the air around the planet.
And in times of unrest and uncertainty people turn to what has been money
for thousands of years. Silver and Gold
If anyone can think of other reasons I would love to hear them because
the price of silver and gold directly affect one of the great joys in my
life, Coin Collecting
0
Comments
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
of banking the metals. They have done this for eons. When they need the gold and silver
they do not have to depend on outside sources as all they have to do is recall what they
want. If you don't comply, you spend a long, long time in prison. Or worse.
Nice to have a local supply and not even having to dig for it!
Good read,
bob
I did not know that, It makes a lot of sense.
What better way to accumulate Gold and Silver
than have your population buy it with their labors.
Then pass and enforce laws to confiscate it from them
<< <i>Thank You for that Bob
I did not know that, It makes a lot of sense.
What better way to accumulate Gold and Silver
than have your population buy it with their labors.
Then pass and enforce laws to confiscate it from them >>
Yes, I wish I was a dictator or Communist Emperor! Gaddafi accumulated 40 tons of gold
from what I hear. Would be nice, at least until you got overthrown!!
bob