Monday, April 05, 2021 9:10:05 PM
Why would they when the cryptos are behaving the way that the metals ought to?
There are many reasons that they are manipulating the prices of metals. Gold obviously because it is money. There is nothing else that is money aside from gold and silver. Everything else is credit.
Silver is manipulated for that reason plus it is the most widely used metal in all electronic components. If silver actually found its true value the cost of every electronic device would shoot through the moon. Phones, TV's, Cars, everything that turns on.
All the large corporations are contracted up to a year in advance.
So if the corporations are contracted a year out and the banks have to fulfill the contracted price a year later, it is in the banks best interest to keep the price of silver where it was contracted.
Obviously the corporations want the price of silver to remain low to keep costs as low as possible.
As I have mentioned before numerous times; the government, banks and corporations are colluding to keep the price of silver down. For many reasons.
And it is easy to do. Greenspan created an algorithm in the 80's to manipulate the metal prices. The Hunt brothers battled it and lost.
The miners are still mining as much silver as they have been. The silver is still being allocated as it should be. The bullion dealers are all back in stock and now they are raping people for over spot charges.
It is business as usual for the Governments, banks and corporations. It is only retail that is being fleeced. And it seems they are happy to be raped.
They can and will keep the metal markets completely manipulated until they have their new crypto system in place.
Whatever they want they will get. They have all the power and complete control.
The retail shelves can empty again and it wont matter. There is a pecking order for delivery and retail is at the bottom. They don't care about us. They don't give a crap about the people. The miners and banks WILL fulfill their contracted deliveries before the people get what they want.
And why would the people want an asset that will not appreciate? And as long as the miners are profitable they can keep their game going forever.
I don't think there are many of us left. And they couldn't care less about us........
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