I knew I'd get some crap for this post. He makes a lot of claims but few real links to evidence and lots of quotes without any proper references so you can check the source material.
Choice quote from it: There are enough instances of Pilgrims Society members taking actions against silver to establish a decisive pattern of planned intent to cripple silver prices, to destroy silver as currency, to inhibit ownership of gold and silver from the highest official levels, that we will resume showing a procession of these revolting thieves as follows, and it is no complete listing, for in addition to concerns of limitations of readers time, information on who these Pilgrims are remains fragmentary.
I don't have any time for elite greedy rich amoral fkers but I'm sceptical they all join together and plan worldwide manipulations. Because they are the same psychopaths they can behave the same, but just because you see people acting the same doesn't mean they have planned to act the same.
Plus because they are psychopaths they are out for themselves so stupid to think that they will all work together for any length of time before screwing each other over.
Any whilst I think it is good to hold some silver and gold as part of a balanced precious metals portfolio, we all have to keep perspective. Silver is a much smaller market than gold, and the whole precious metals markets including mining is nothing relative to all other financial assets.
As a result, I just don't see those psychopaths really giving a stuff these days about silver. Yep 100 years ago gold and silver were literally money, so it was important and thus political and games played. But these days the big dollars are in stocks, bonds, derivatives etc, not PMs and certainly not silver.
Maybe one day PMs will become a large market then it might get really political, but we aren't there yet. When you see the Federal Govt wanting to get their hands on the Perth Mint (say, suggesting merger of RAM and Perth Mint) or the WA Govt actually starting to meddle in what the Mint does like Govts do with electricity and water, then you know we are there.
So yes I think it is laughable to think elites care about silver. That is not to say that games aren't played in this market by the proprietary trading desks of bullion banks and hedge funds, but this is not a worldwide conspiracy, just the mundane result of market concentration as this ex central banker and securities markets regulator says
http://londonbanker.blogspot.com/2011/05/concentration-manipulation-and-margin.html
So, get over yourselves. We should just hold our PMs and be happy we have a place to park our savings while we wait out these fake and manipulated markets. But don't think the world revolves around us and our PMs.
Will anyone second my nomination?
