Hey all, Just got home from work. Pretty tired but had this thought on my mind and hoped you could answer it easily for me. Thanks. If the silver market is a small market, why doesnt some mega rich quadtrillionsquillionair tycoon just buy most of it.? This shooting the price up and then he can sell making profit? Sorry if this is a tired mind question with not much thought. Cheers
It has been attempted Have a read about the Hunt Brothers- http://en.wikipedia.org/wiki/Silver_Thursday
Too small of a money for billionaires, negative publicity, lawsuits, market has safeguard against those, market can be frozen on fraudulent activities etc. Might be more successful in hoarding all the physical silver, driving it to stellar prices then release, but also attracts same type of ire from the public. Silver production still large enough to bankrupt continuous buying. Maybe a trillionaire can do it, but no publicly known trillionaire yet.
it will cornered the market and where to find buyers? to take profits hahha all can be done is to buy whatever is left, every time new productions/products come in. The objective of silver is to be held in the hands on many little people, to protect their freedoms. not to give a chance just to corner it.
It's in the billions, certainly less than a trillion. They probably don't want it to go high because they have a vested interested in the fiat money system. Most billionaires are Illuminati scum and are totally down with the world agenda eugenics program (kill billions of us)
Yes i have heard of the hunt brothers, but was wondering about now...today....with all the this talk from Maloney etc and the current economic crisis stuff leading many to PMs i thought why doesnt some tycoon see the light.....SILVER! and just buy buy buy!! yeah Geewiz i guess they are all just too invested in the fiat system to their own greedy advantage.
the hunt brothers got done by leveraging....they took out loans to buy the silver..i think more so then the laws getting changed.
Because the rich tycoon's wealth is mostly in paper - and as he is already rich - he has no rational ( moral excluded ) incentives to expose that the game is 'rigged' or whatever - also the rich tycoon isnt oppressed or struggling, or realising that his money is eroding in purchasing power year after year - so the rich tycoon likes the things to stay as they are - With Gold and Silver, there will exist a Turning Point in terms of price after which the Emperor's Clothes are exposed and the entire system implodes, so why would the rich tycoon try to buy up big and corner the market or influence the approach of SPOT to the critical Turning Point after which there would be a new monetary system. above was imo of course, and time will tell.
Just that your statement was pretty adamant about what most billionaires are like. It seemed like a strange thing to say is all.
I was wrong. Fact is I don't know how many billionaires are Illuminati scum. Though the world is dominated and steered by a select group of families who intermarried throughout the ages. Such as the Rothschild family who spread the rumor in the financial district in England that England lost the battle of Waterloo so the stocks fell by 98% they then bought up the country. These people do these things all the time, they have the monopoly because we all play along in their game, they practice human farming.
Don't listen to them but I have been listening to this album lately [youtube]http://www.youtube.com/watch?v=6vszOgNRvWI[/youtube]
I don't believe that Rothschild actually lied. What he did was to start selling stocks and everyone assumed Britain had lost the battle. Rothschild then quietly bought up the stocks being sold in the panic selling that he created.
Same as pump and dump in a stock. You can buy all you want and push the price up 100, 200, or 500% but when you go to sell such a massive position, who has money to buy? You try to dump your position and the price would free-fall.
