"All the perplexities, confusion and distresses in America arise not from defects in the constitution or confederation, nor from want of honor or virtue, as much from downright ignorance of the nature of coin, credit, and circulation."
Today is Option's Expiration on the CRIMEX in New York. EVERY effort by our criminal bankers is being exhausted to keep the price of Gold below $1350, and Silver below $27 for the close of trading today at 1:30PM in an effort to steal profits from options traders...and discourage delivery requests. The CRIMEX goons are in a world of hurt going into the biggest delivery month of the year. They don't have near enough physical metal to cover the record unbacked paper Gold and Silver they have "sold" into the market to meet demand from the bulls.
Two margin increases in Silver, and one in Gold have not done much to help these weasels toe the government line, and suppress the rise in the Precious Metals. In fact their efforts to stifle have actually started to work against them and lead towards the cause of their own ultimate demise. Not to mention a complete wipe out of the CRIMEX as a viable center of trade for Precious Metals.
DO NOT be fooled by any downward pressure in today's NY session at the CRIMEX. Sales prices are to be taken advantage of, and the one finger salute given to these government sanctioned criminals. December is shaping up to be an explosive month to the upside in the Precious Metals arena.
Top banks face $100 billion Basel shortfall: report Reuters
Alasdair Macleod: Why gold is better than cash
While The U.S. Prints And Spends, Russia Loads The Boat With Gold...
Monetary Policy—Negligence, Ignorance or Fraud?
By: The Gold Report and James West
Recovery? What recovery? With more money in circulation than ever before in history, Midas Letter Editor James West asks, "Where's all the money?" The government would have us believe a "recovery" is underway and that we're all firmly back on the road to prosperity. "A recovery is underway," says James, "but those elements of the global economy that are recovering aren't in the economic interests of most planetary citizens."
Hollow Economy Recipe For Hyperinflation
By: Captain Hook
In case you are trying to put two and two together about what’s going on out there to make gold, silver, everything that’s not nailed down soar in price these days, let me clear things up for you. It’s our hollowed out economy, and the money that needs to be pumped into it so that it doesn’t implode.
China Makes Move to Fight Inflation- CNNMoney
What Bernanke Knows That You Don't- US News