Precious Metals, The Metallic Fling and Sting
My take.
The dirty rotten stinking banks are driving prices lower. This is not a "few weeks" affair. This started months ago and could be a very long term play. The idea is to force prices lower overall, to force holders out, so the banks can collect. The banks buy at the bottom. Then they hike the price sucking in buyers. Then they force the price lower to drive the holders out, where the banks collect more at the next lows. Repeat. Repeat. Repeat.
In the end, the price will be very low and the stinking banks will have virtually cornered the market (the banks, the super-rich, the governments). About that time the govenments will start devaluing currencies as a part of reconciling the stinking mess the F....king banks and super-rich created in the first place! Folks will be disappointed, to say the least, in fiat currencies about that time and will turn back to gold, silver, etc. You get the point. The banks will own it all! Soon as the "public" is enticed by "talking heads" to reinvest in gold, silver,......well, the price will skyrocket overnight. The banks, the super-rich, the governments will all be sitting on growing fortunes as public demand grows and, of course, as the price rises (which the stinking banks will make sure happens).
My take.
The dirty rotten stinking banks are driving prices lower. This is not a "few weeks" affair. This started months ago and could be a very long term play. The idea is to force prices lower overall, to force holders out, so the banks can collect. The banks buy at the bottom. Then they hike the price sucking in buyers. Then they force the price lower to drive the holders out, where the banks collect more at the next lows. Repeat. Repeat. Repeat.
In the end, the price will be very low and the stinking banks will have virtually cornered the market (the banks, the super-rich, the governments). About that time the govenments will start devaluing currencies as a part of reconciling the stinking mess the F....king banks and super-rich created in the first place! Folks will be disappointed, to say the least, in fiat currencies about that time and will turn back to gold, silver, etc. You get the point. The banks will own it all! Soon as the "public" is enticed by "talking heads" to reinvest in gold, silver,......well, the price will skyrocket overnight. The banks, the super-rich, the governments will all be sitting on growing fortunes as public demand grows and, of course, as the price rises (which the stinking banks will make sure happens).
