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RE: The Mysterious Super Entity 'One Bank' Controls Almost Half Of The Global Economy': Jeff Nielson
can i ask 2 questions ?
- what benefits the greater population of any country a higher gold and silver price or a very low gold and silver price?
2)what benefits the bank that controls 40% of the economy a high gold and silver price or a very low gold and silver price?
What benefits a nation and its people is the use of real real, because real money has intrinsic value. Currency is not real money. Because central banks create it out of thin air, it's purchasing power declines over time. If gold had not been manipulated all these decades, its price would reflect the worthlessness of our various currencies.
In the interview he explained, bankers opted for paper currency because it is easier to steal that way.
Mike Maloney has a fantastic 6 part series that, if you haven't already seen it, I highly recommend.
Very interesting the "Hidden secretes of the money" by Mike Maloney. All the mysteries about money was fallen for me, and many of my questions were answered.
Glad to hear that. I got more useful information out of watching his series than I did from college level economics courses.
A low metals price benefits the banks and equals a strong dollar. A high metals prices indicate inflations or hyperinflation of fiat money and eventually leads to collapse of the banks!
I would say that the actual unit price, higher or lower, doesn't really matter to the greater population. An un-manipulated price (real value in a FREE market) would be the greatest benefit. I don't believe precious metals have shown a real market value, since fiat created out of thin air, with no need of actual labour to produce, entered the market.
http://komonews.com/sponsored/sell-gold/the-secret-world-of-bullion-banking-who-sets-gold-prices
And gold/silver is good to save as a reserve if there would be huge inflation over USD,EUR,CAD, CHF,....