Forex transactions are $4 Trillion per day. HSBC has given a target of $34/ounce for Silver whereas all the reports say Silver $60/ounce or more by December 2012.
I have been observing gold & silver trading for past 2 years and I confirm that giant sellers & their cartels (giant banks) desperately try to crash silver and gold price so that they are not kicked out of business.
They say the price of gold and silver is fixed in advance by illegal cartels every year and trading goes on in this range. Example: Silver $28 to $34/ounce for year 2012.
There is no logic behind gold & silver trading and stock markets trading. It is just blind buying and selling. In other words it is 100% gambling/casino.
If this $4 Trillion every day trading (gambling) goes on without any logic that world economy will come to an end soon.
8 months back, reputed economists Marc Faber said there will be world war 3 within 5 years and now he appears less in media.
Read all: http://dangerousmother.com
I have been observing gold & silver trading for past 2 years and I confirm that giant sellers & their cartels (giant banks) desperately try to crash silver and gold price so that they are not kicked out of business.
They say the price of gold and silver is fixed in advance by illegal cartels every year and trading goes on in this range. Example: Silver $28 to $34/ounce for year 2012.
There is no logic behind gold & silver trading and stock markets trading. It is just blind buying and selling. In other words it is 100% gambling/casino.
If this $4 Trillion every day trading (gambling) goes on without any logic that world economy will come to an end soon.
8 months back, reputed economists Marc Faber said there will be world war 3 within 5 years and now he appears less in media.
Read all: http://dangerousmother.com