Question About Coming Silver Volatility
The following is an email exchange I had with a long time Road to Roota follower who is concerned about the potential for the Bad Guys to slam the price of gold and silver during THE CRASH...
Hi Bix:
I've been one of your loyal subscribers for about 3 years and "hang" on every word you print. It seems for the past 4-5 years all the "experts" have predicted silver should make huge gains. As a result of all the corruption, however,....silver has just been "marking time" and making very small advances.
In the past couple months I've seen more and more articles claiming gold & silver will soon be plunging ...along with the stock market. I know what your thoughts have been in the past.
Is something changing I should know about???
Bob Xxx
**** Here was my response:
Hi Bob -
Thanks for the loyal support!
As I've maintained for 4 years now, "THEY" can put the price of silver (or gold) wherever they want, whenever they want. It is done with computer programs out of the US Fed, US Treasury and at the major Bullion Banks. Together they make up 99.9% of the gold and silver trading volume everyday trading back and forth to each other to "set" the price. This is done out of the COMEX Futures and Options Exchange in New York and Chicago as well as an "Association" called the LBMA located in London. Together they "trade" over 200B ounces of silver derivatives per year and use this extraordinary volume to negate the pricing power of legitimate buyers and sellers of physical silver. Until the manipulation is ended the price of physical silver cannot be discovered. Having said that, there are people working to end the manipulation and remove the bankers from power.
So just as "they" can move the price to zero and halt trading in silver contracts...they can also jack the price to $1M/oz in a single computer driven trade destroying the large short market riggers. These are some of the "End Games" available to both the "Good Guys" and the "Bad Guys". I believe that we are very close to implementing that End Game...whatever it may be.
It's important to remember that the quoted price of silver is still just a manipulated, arbitrary value and until the computer programs are turned off and the bankers removed from trading commodities you must play it safe. That's why I advocate holding physical gold and silver in your own possession. By doing this you will benefit from owning silver when the rigging ends but you will also save yourself from the emotional stress and heart palpitations that are sure to come in the wild, orchestrated price swings.
You need to be able to ride out the CHAOS that will come with the end of market manipulation.
If you can do this and still hang on to your physical silver holdings you will be one of the FEW to profit from the end of the price manipulation.
Hope this helps.
Bix
END
*Overall NOTHING has changed on the Road to Roota and the reasons to buy physical gold and especially SILVER are all still in place. The ULTIMATE reason that I got in 12 years ago has also NOT HAPPENED YET.
That is the END of silver and gold market manipulation.
But we have come a long, long way and we are very close to the End.
May the Road you choose be the Right Road.
Bix Weir www.RoadtoRoota.com