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silver price manipulation whistle blower assassination attempt
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what is your exit strategy then should you need to sell.
My exit strategy is to start selling my bullion privately when this bull run is about 50% through. We are only 20% in so far so I am still buying.
To stay under the cap gains limit I will sell slowly over a few years. Hope to have sold most when we are about 90% inflated.
The last phase of a bull run is the blow off phase this is when the most gains happen. This is the time when the masses in a frenzy try to buy any bullion they can.
As to when this will be depends on many things. Could be soonish or years yet.
One thing is for sure the more currency created around the world the higher the price of gold and silver to catch up. At the moment the printing presses are in overdrive all around the world.0 -
Will there be anything left to buy when silver is a thousand pounds an ounce. It may be hard to barter a fair price or even get a reliable idea of fair worth. Inflation is inefficient and ultimately destructive ?0
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Sabretooth we need something to barter with if the Euro currency crisis spreads to all fiat currencies.
Since known history began 6000 years ago silver has been used as money. Then because it was heavy the banks would hold the silver and issue a paper receipt. Problem was they issued more paper receipts than they had silver. Look at the trillions of bailout paper receipts issued today.
At the moment for the first time ever in 6000 years no nation on earth uses silver or gold as a circulating medium of exchange, or common currency. This trend to not use silver started about 100 years ago, and is coming to an end. As monetary demand for silver changes, it can only go up. Money is also a store of value, and people are recognizing that more and more. About 65 years ago, at the end of WWII, the world entered the age of electronics, and the demand for silver in electrical contacts soared tenfold. This has consumed more than half of all the silver ever mined since the beginning of time.
Silver is rare, dense, fungible, divisible, transportable, non perishable. These qualities unique to both silver and gold make them both an excellent store of value, unit of account, and medium of exchange. Silver is the best reflector, and the best electrical conductor in the world, and is a great germ killer, too. These qualities make silver valuable in tiny quantities to industry. Gold conducts less well than silver, does not kill germs, is too expensive to consume, and is not a viable alternative. Neither is paper. Gold coins smaller than 1/10 of an oz. are not practical, making silver essential as money.0 -
Q. Two days after silver trader Andrew Mcguire was announced as having email and voice mail proof that JP Morgan was conspiring to rig the silver markets what happened to him?
a) He was praised as a hero by the CFTC because they finally had solid proof of silver market manipulation.
b) The news agencies all around the world spread the word that the silver market was rigged.
c) All the silver mining companies filed law suits against JP Morgan for silver market manipulation
d) Him and his wife were victims of a likely attempted murder and ended up in the hospital.
ANSWER: d) Him and his wife were victims of a likely attempted murder and ended up in the hospital.
If you were trying to write a screen play for a murder mystery you would be reluctant to make this story up because it would be too obvious who the culprit was...but this is what happened!
JP Morgan "chase" Story in UK
http://www.nypost.com/p/news/business/jpmorgan_chase_story_in_uk_DsMN4PnXFoQG5KdevIsQ7N
Many in the mainstream media who don't believe in manipulation say this was just a freak coincidence and there was no "grand conspiracy" to kill off the silver whistle blower.
Well, it looks like there is a whole lot more to this "freak coincidence" than meets the eye!
It has been almost Four months since the accident and the British authorities are not saying ANYTHING about the assailant who was captured. FOUR MONTHS! It is Mr. Maguire himself who has come forward to report this information.
'Serious manipulation' of gold, silver markets
http://www.wnd.com/index.php?fa=PAGE.view&pageId=153953
"We got hit in the side at full acceleration and tried to corral the cars in a gas station, including the guy who hit us with a commercial vehicle," Maguire explained.
The assailant then got in his car and accelerated, hitting a number of cars as he escaped from the gas station, making the event into a hit-and-run situation.
"The police told us the assailant was known to them and even that they arrested him," Maguire said. "But recently the police won't say anything, and I haven't been able to learn anything about the assailant."
Clearly, there is much more to this situation and the authorities are keeping it very "hush, hush".
Very good Question and answer test here -
http://www.roadtoroota.com/public/291.cfm0 -
One other conspiracy.
Why did Dirk Rambo our new wanabe silver investor Log off just before you logged on????;)0 -
It has been almost Four months since the accident and the British authorities are not saying ANYTHING about the assailant who was captured. FOUR MONTHS! It is Mr. Maguire himself who has come forward to report this information.
Proof if you need it that either the hit and run driver was a known felon with a history of joyriding and that Maguire is a publicity seeking fantasist, or the police and entire British establishment are in cahoots with JP Morgan in the Great Silver Maniplation conspiracy and the person arrested was a member of MI5 or the Special Branch, hence the reason the police are keeping schtum. I know what my money is on."I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0 -
Like that bloke who was shot dead in a mini by the old bill and them clubbed on the ground to make sure?
Or perhaps that wicked over staying immigrant who was shot dead on the tube?
What ever happened to "D notices" ?
What amazes me is the idea that the government would NOT be manipulating the silver market - all the western world needs to STOP the development of an alternative currency that cannot be printed. Burning the bulls from time to time discourages a mass switch to an alternative medium of exchange and store of value, as well as maintaining liquidity in the economy.
Stuffing silver bars under the floor boards is not in the interests of the government, it would turn the country into something like Ecuador, where the government cannot issue its own currency. [Uncle Sam just gets all the benefit of Ecuador's inflation now].
Harry
For thicko's like me:
fungible - definition of fungible - Interchangeable. The term is often used to apply to financial instruments which are identical in specifications.0 -
Slightly disingenuous in that the relative density of silver is about 10 and that of gold is about 20; to to make a coin of identical size to a silver one, requires twice as much gold.0 -
Harry_Powell wrote: »Proof if you need it that either the hit and run driver was a known felon with a history of joyriding and that Maguire is a publicity seeking fantasist, or the police and entire British establishment are in cahoots with JP Morgan in the Great Silver Maniplation conspiracy and the person arrested was a member of MI5 or the Special Branch, hence the reason the police are keeping schtum. I know what my money is on.
Exactly, if it was an amazing coincidence a known felon who just happened to want to ram his car the day after his whistleblowing then why go to so much effort to withhold the details from the press. Why the big cover up.0 -
Europe Sees Surge in Demand For Gold Coins
Quite amazing to see the ignorance held by some of these economic correspondents, but then again it just goes to illustrate how PMs are NO WHERE near bubble territory - still far too many clueless people out there...
http://economicrot.blogspot.com/2010/06/europe-sees-surge-in-demand-for-gold.html
The vid has been taken down at time of writing. Maybe its too `hot` for masses.
Can anyone else view this? Maybe its just been taken down in the UK, please let me know if anyone in another country can still view this.
Another good article.
When gold hedge won't do, consider investing in silver
http://www.usatoday.com/money/perfi/columnist/waggon/2010-06-11-investing11_ST_N.htm?loc=interstitialskip0
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