by SGT, SGT Report:
MF Global, QE to infinity, Cyprus, Italy, France, Japan, Derivatives, hundreds of trillions of debt… If it weren’t for the criminal paper market, silver would be north of $100 per ounce today.
Think it can’t happen? Look at Bitcoin. From $18 to $190 (as of this writing) in two months. And you can’t use a Bitcoin to build a cellphone, a solar panel or an LED television. Bitcoin will not conduct electricity and it hasn’t been used as money for the past 5,000 years. The ONLY reason that one troy ounce of PHYSICAL silver sits below $30 today is because of the coordinated effort of the criminal banking cartel, which sells BILLIONS OF PAPER OUNCES of what it calls “silver” into the market every single month. So we stack the real stuff – PHYSICAL silver: A REAL, valuable, useful commodity – at heavily discounted prices.
Meanwhile, the fragile physical market is increasingly showing signs of stress – and insatiable demand. The U.S. Mint reported all-time record sales of American Silver Eagles in January AND February, and the Mint has now been forced to RATION future sales due to unprecedented demand. Miles Franklin recently reported they were nearly out of junk silver. And now Tulving, which requires a 500 coin MINIMUM purchase, is completely out of 2013 American Silver Eagles. By the way, Tulving is out of junk silver too. Can you see the cracks widening?