The past few weeks haven't been very kind to the almighty greenback, but today was a respite from some concerted selling, sending stocks and oil lower.
While that scenario makes perfect sense for stocks and commodities in general, it sure doesn't help when the master manipulators manage to gang up on the one asset underpinning everything... not gold, silver.
Massive silver price suppression over the past 15 years has pushed the coin of common men to unheard of ratios in comparison to gold, and today was textbook slamming against the metal of the working man. While the absurdity of the 70:1 and higher silver to gold ratio has been discussed here in the past - and elsewhere, by more astute students of real money, it bears repeating, and repeating, until the price suppression stops completely.
That may be more of a pipe dream than winning the lottery, yet it is the one eventuality that must come to pass if the rule of central bankers and their idiotic QE and NIRP policies are ever to end and the financial universe is to regain some semblance of real markets and real prices, as opposed to the obviously fraudulent ones foisted upon the world by central bankers, especially those entertained by the US Federal Reserve.
With unlimited power to create money out of thin air, there is no market the master bankers cannot control, so it is easy to assume that they can absolutely pollute and disintegrate all price discovery mechanisms when it comes to silver, one of the smallest markets (in dollar terms, by their wicked design) of all.
But, to the guy or gal who is looking to keep wealth out of the corrupted central banking system and regain some sanity in his or her financial affairs, silver is a bottom holding, a base unit of measure, and insurance against what appears to be an advancing monetary apocalypse.
A one ounce bar of silver can still be had for under $20 US, and that little sliver of metallic hope may be all that's left between survival and tortuous, tyrannical totalitarianism.
As for stocks, they are but pieces of paper promises, and highly overrated as investment instruments. Compaies come and go, nations rise and fall, but silver will remain
S&P 500: 2,063.37, -18.06 (0.87%)
Dow: 17,750.91, -140.25 (0.78%)
NASDAQ: 4,763.22, -54.37 (1.13%)
Crude Oil 43.90 -1.97% Gold 1,288.20 -0.59% EUR/USD 1.1497 -0.26% 10-Yr Bond 1.80 -3.49% Corn 379.00 -3.25% Copper 2.22 -2.16% Silver 17.46 -1.26% Natural Gas 2.08 +2.01% Russell 2000 1,121.76 -1.68% VIX 15.60 +6.27% BATS 1000 20,677.17 0.00% GBP/USD 1.4536 -0.88% USD/JPY 107.1130 +0.61%
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment