Re: James Turk -Manipulating the Silver Market
in response to
by
posted on
Aug 22, 2010 11:09PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Well, Ok, I guess, sorta.
Who here hasn't been on the edge of their seat waiting for this upside explosion for month after month, year after year.
I don't know how many times I've heard "Just one more decline, then it's off to the races."
I've grown numb to the expert's glowing tales of "Any day now." Like Murphy's excitement of the lawsuit against JP Morgan that should have happened a few weeks ago. Bill Murphy is just one example.
I used to read, with great excitement, and expectations, just about all the editorials that were provided on 321gold.com, Kitco.com, Goldseek.com, even this ECU board. Now-a-days I just don't bother much with any of the stories and predictions.
I've taken the posture that, yes, gold and silver, and shares, will indeed rocket to the moon, and that the day is drawing near. I'm ready, at least I think I am. However, reading over and over again the same predictions month after month simply doesn't mean anything to the people that are ready and prepared. All the editorials, I've concluded, are for those just becoming aware that there is no Santa Claus.
The main conclusion I've personally reached, which I've posted here before, is that our current financial system, that is controlled by the current fascists, will remain in their control until the whole thing disintegrates in their dirty, scummy, greedy little hands.
What this means is that until that day arrives, they will continue to control the markets, period, because it's their system we all try to operate in.
In other words, as long has the world describes gold's value as such-n-such fiat currency, the system is still operating and no sudden gold and silver price explosions will be allowed, and JPM shares will be suppressed.
The day it all explodes, and their control stops, is the day we won't care about pricing gold in Dollars or Euros. Every tangible asset will be priced in so much gold or silver. Gold will be the money, and operating societies will be in grips of major, major chaos.
That will also be the day when the CFTC will finally make their ruling on the silver short position held by J.P. Morgan, which of course, then, won't mean a darn thing as the COMEX will cease to exist as pricing gold and silver in Dollars will mean absolutely nothing.
There is one thing that would be really, really interesting. Just imagine if the current system can be bandaged and duct-taped for over another two years. Imagine the financial system, and therefore current societies in general, ending on Dec. 21, 2012. Wouldn't that just be, well, something?
Terry