Replies to post #16973 on Americas Silver Corp fka USAPF

[SOUTHPEN]

maverick...
"Mark these words, golds going down along with the stock market in a way I think the government will not be able to control. The government created this crap, but governments do not make markets they are in unknown territory never before done."

southpen.... I would agree that gov't created the problems in financial markets but those problems were windfalls for years. In my opinion ,a disconnect between retail investors and Wall St. began in the early 80's. Some politico's decided that the U.S. and Canada might be better off as service economies. That caused corruption in the value of the USD, perpetrated by many Central Banks around the world. The idea being to lower currency value , comparatively to the U.S.

Fast -Forward to the Gold-Silver markets. Indeed the U.S. Central Bank has funded distorted values and the ability of Commercial swindlers IE;JPM & GS to earn by producing NOTHING. LONG then SHORT with no financial restrictions ,accomplishing nothing but orchestrated theft from retail investors.

However ....the latest devaluation of Gold is coming from clearing houses out of London. The biggest and right now the most influential in the gold market being HSBC. The most obvious affiliate of China's Central Bank. China's Central Bank has been buying gold produced in their own country as well as gold on the international exchanges (London being the largest) What the gold bugs fail to recognize is ,China and its affiliates are lending (leasing) that newly bought bullion to clearing houses (Bullion Banks) and it is used to flood the market ,thereby driving prices down (shorting) If you want something long term ,buying at top dollar in the short term makes no sense ,especially if you have the means to buy it cheaper.

They (Eastern entities )control the bullion markets because they have the means to do it. More means than any Bank controlled by the West or any Western Central Bank including the U.S.

The people at GATA know this but are too ignorant to publish these theories because they in fact --missed it. They continue to put all blame on the West and it is not only illogical at this point ,it is not fathomable.

Don't listen to the talking heads . Buying equities in the metal markets ,especially Strategic metals is better than the Gold Bug theory because it is the next most useful financial anomaly. I consider silver part of the next great wave ,albeit a lesser part than many other metals ,but certainly way ahead of gold .