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RE: My Letter to the Department of Justice Urging Investigation of Gold Silver Market Manipulation

in #gold7 years ago

It is not a secret that silver is manipulated, nor who is doing it. The CFTC has actually issued two public letters after being forced to respond to specific accusations, the last only a couple months after Bear Stearns was broken because it's short position resulted in over $2billion in margin calls, which it couldn't cover.

The short position abandoned by Bear Stearns was passed to JP Morgan, who continues to this day.

This isn't just price manipulation so some juicy profits can be scored. It's a long term systematic tool to prevent folks from jumping ship. It keeps people from avoiding 0% interest rates by making silver no better. This props the entire fractional reserve system up, and keeps it harvesting the value of our labor.

You know Obama increased the money supply by almost 500%. Did you ever ask why inflation hasn't mirrored the increase in money? It's because none of that money actually entered the market, it has only impacted the richest 1%.

Since it isn't paying for bananas and gasoline, it hasn't created the inflationary impact it would have if it were in our pockets. Since it's in the pockets of those that have no need of it, it isn't spent.

The 2008 crisis was all about fractional reserve banking, and the system would have crumbled - freeing us from it, and leaving the Warburgs and Rothschilds looking for work - if it hadn't been for the 5 fold increase in the amount of money, and that money going directly to those who could not collect on the loans they'd made.

There just wasn't enough money in the world to pay the interest on those loans.

The manipulation of silver is only a keyhole, but if you peer through that keyhole, you can see the yawning chasm of market manipulation behind it.

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