Archive for the 'silver' Category

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Ecnomic fraud

Why gold is a major step to a more sustainable and fair economy no matter how much is (currently) in the hands of the same old priviliged few.

“The exchange rate is one of the main drivers of economic policy, more so even than productivity,” – Brazilian Finance minister Guido Mantega. Source: http://www.bbc.co.uk/news/business-12148841

“In September last year he accused some rich countries of deliberately devaluing their currencies to boost exports and make their economies more competitive.”

Somehow I think he would have been very happy if it had been the other way around and Brazil (and himself in a personal capacity no doubt!) was seen to benefit from currency speculation, as is exemplorary of fraudulent economics. You keep your mouth damn shut until it’s your time to get hit. First they came for the communists… We see this from what the BBC reports he said earlier. “Finance minister Guido Mantega said Brazil was preparing moves to prevent further appreciation of its currency.” and indeed the whole point of the article that almost all countries will pull these stunts within a fraudulent economic system.

Also this “Forbes magazine ranks [Eike Batista, Brazil’s richest man] him the eighth richest man in the world, with a fortune of $27bn (£17bn).” – source: http://news.bbc.co.uk/2/hi/programmes/from_our_own_correspondent/9348299.stm

Call me backward, but surely NO system of fair economics could see this amount of money being made in such a short time. They guy might be quite nice and be may give millions to charity, but there just doesn’t seem something right about a man having a personal fortune in excess of many small countries.

He could spend £16.9 of his £17 bn quite easily on stopping the 1 bn+ people across the planet who go hungry every day.

It’s just not right.

Use of gold and silver is the bedrock of an honest economy.

p.s. apologies for my rudeness in not replying so far to the comments left on this blog…

5 ALARM FIRE AT COMEX: SILVER WILL SOAR ONCE AGAIN

The growingly unpopular (specifically at  least, here,) Max Keiser, the man who predicted the collapse of Icelands economy, had a guest on his show a few weeks back who said there was unease and loss in confidence that certain contracts(? – not sure if this is the correct term), i.e. supposedly special ‘safe’ deposits actually ‘backed by storage of real physical gold’, were not actually true, causing contract holders to try and call these contracts in (there was also some coincidental fire in a warehouse that destroyed some recepits/contracts or whatever – i.e. ‘the dog ate it’)

Now it appears something similar may happening to silver.

http://www.youtube.com/watch?v=KGpi1gxtAOY

Thanks to Matthias Chang at http://www.futurefastforward.com/


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May 2019
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