jt's Comments Page 5 wow po re

jt's Comments Page 5The most sound way to look at "buying" gold and silver is to think of it as trading in worthless paper for REAL money, while you still can for next to nothing.* Though silver and gold could very well become the investment of a lifetime over the next 5 years (?+), the reason to buy it now is that regardless of when the mob decides to leave the burning building that is the house of fiat currencies, or who is the last out, the dollar (and with it the fiat currency system) is burning itself down AS HAS ALWAYS HAPPENED IN ALL MODERN HISTORY with fiat currency "experiments." But it will be worse this time, not b/c this is the first time a govt has pulled this fraud on its people, but b/c this time almost ALL (if not all) of the largest (and even the smaller) industrialized countries' govts have done this to their people ALL AT THE SAME TIME!!.*Some have gone thru the math and come up with a number >$50,000/oz just to back up the number of FRNs out there with gold, but that doesn't even begin to monetize all the derivative debt out there that is turning into real debt faster than the Fed and our Treasury can give our great grandkid's money away to their bankster. The dollar, the euro, and the yen will all collapse. Thru trickery and deceit and lame-session timing and the lack of cajones of our elected officials in 1913, the Fed (against which the Founding Fathers had warned in no uncertain terms) and thus the banking houses of Europe weaseled their way in until they finally completely took over control of the money supply of this country, and thus of the government of this country. He who controls the money supply controls the throne, and I control the money supply." And so it is today. jtAug 24 10:53 PMLet's see how many of you can see evidence when it is staring them in the face. The FACT of manipulation is backed by more evidence than would EVER be needed in a court of law. Without this manipulation, the price would be many times higher, without a doubt. For an equal number of years, the CFTC has reluctantly responded to public pressure over this issue with blanket denials of any wrongdoing. This data is taken from a monthly report issued by the CFTC, called the Bank Participation Report. The relevant data is found in the July and August futures sections. Here are the facts. banks were short 6,199 contracts of COMEX silver (30,995 wow po,000 ounces). banks were short 33,805 contracts of COMEX silver (169,025,000 ounces), an increase of more than five-fold. banks I can find in the data, ever. Between July 14 and August 15th, the price of COMEX silver declined from a peak high of $19.55 (basis September) to a low of $12.22 for a decline of 38%. banks held a short position of 86,398 contracts (8,639,800 ounces) in August, an eleven-fold increase and coinciding with a gold price decline of more than $150 per ounce. As was the case with silver, this is the largest short position ever by US banks in the data listed on the CFTC's site. banks selling an additional 27,606 silver futures contracts (138 million ounces) in a month, followed shortly thereafter by a severe decline in the price of silver? That's equal to 20% of annual world mine production or the entire COMEX warehouse stockpile, the second largest inventory in the world. banks in a month. How can this extraordinary concentrated trading size not be manipulative?Because prices fell so sharply after the short sales were taken (with the appropriate dirty tricks as I have previously explained) holders of known physical silver in the world suffered a decline in value of more than $2.5 billion and long COMEX silver futures holders suffered a similar $2.5 billion decline in the value of their contracts. In gold, because the dollar value held is much greater than silver, investor losses were much greater, on the order of hundreds of billions of dollars on their physical holdings. Declines in the value of mining shares adds many billions more. banks? If so, do they have recourse?The data in the Bank Participation report is clear and compelling. that it is hard to conclude anything but manipulation. It is beyond credulity to conclude other than two or three banks caused one of the most severe price collapses in precious metals history. The CFTC has a lot to answer for as the regulatory agency responsible for preventing this type of blatant manipulation. I, too, along with Kelly do not understand why you have positions in SLV and GLD.??!!! From all the evidence, these paper promise vehicles are even as we speak are being shorted and being used to lease more gold and silver out the backdoors to their supposed controllers, all of whom are a part of the anti-gold cartel. Seems a contradiction to me for someone with such a very good understanding of what's going on. Perhaps it just for trading purposes, but it's also aiding and abetting the enemy. And that universe fed in daily doses of governmentspeak is the fiat currency / central banker controlled economy that the MSM (Mainstream Media) has, under the direction of this Shadow Govt, painted as the utopia desired by all mankind. And since most Americans haven't seen the whole thing yet, what will turn out to be a monster man-eating lion at the moment still looks like a nice little pooty cat with a little bit of a bad temper. with some kind of economy. But with eyes opened, you will understand what is REALLY happening and take appropriate measures. jtAug 16 01:21 PMYou're so near the truth, but you either don't quite get it wow gold, or you, too, have been under a fiat currency system for so long you've forgotten the one fact that you left out / ignored / ?are ignorant about. You get close to it when you say, "Gold is a better hedge than oil against inflation. Ultimately, oil pays attention to its own fundamentals."The truth is all about you, but you need to reach out and grab ahold of it. Oil "pays attention to its own fundamentals" b/c oil is just a commodity (with a little kicker). ALL commodities ultimately "pay attention" to their own fundies. Ditto silver, with its own kicker that it is also a true commodity (MUCH moreso than gold), and 70-80% of it is consumed in industry making the monetary silver remaining more and more scarce. (BTW, I and many others believe silver is and will be the investment of a lifetime, even as it will be a store / protection of value in the coming accelerating devaluation of all the fraudulent money out there foisted by fiat on essentially the entire world now.)The kicker with oil that I mention above is that it appears to be recently being used as a standin for King Gold. They've had patterns that they've created to get the other commercials to come in alongside them in their manipulation / "management" of the gold and silver markets (COMEX esp). / President's Working Group On Financial Markets). I'd strongly advise AGAINST the SLV and other PM ETFs. That should be and probably is outright illegal, as the prospectus states that the fund will hold 10 oz silver / share, and the shorts certainly aren't holding 100M oz silver (at least 10M shares short, if not more). Buy physical. Start nibbling on Jr producers and the BEST of the explorers. The destruction of the US greenpaper accelerated dramatically. Over 75% of the 96% loss of value of the dollar that has occurred since the Fed was given (actually more like TOOK, thanx to the collusion of certain bankers, the Secy of Treas and certain members of Congress) control of the money supply in 1913 has occurred since 1971, and the dollar has lost 60% of that in the last 6+ years alone. To figure that out, you'd have to divide the amount of gold we actually have in this country that was supposedly backing out currency by the total of FRNs floating around. And even then that wouldn't tell you the whole story. with some other central bank or bullion bank elsewhere. Gold could easily be valued at $50,000 dollars / oz of official gold and still probably be cheap when all the chickens (ie, dollars) come home to roost. I don't think 99+% of the American public has a clue just how bad inflation really is and just what kind of a price inflation tsunami is about to hit them. Then throw in the shadow govt's somehow convincing the US Congressional Sheeple to actually create a North American Union and the Amero. American govts kneel before the Western Central Bankers and accept their bribes by also criminalizing gold importation or even ownership?? So hard to know these things.
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