Please listen to, tweet, retweet and forward this free podcast recorded today as a public service for all interest in silver and the brewing silver short squueze.
As you know, we stand at the start of what could be an historic week in the precious metals. There is a growing grassroots movement to tackle the Bullion Banks and put an end, once and for all, to their fraudulent fractional reserve and digital derivative pricing scheme. We'll have more on this current system in the days ahead but, for today, this podcast was recorded with three goals in mind:
- To remind and explain the forces that are aligned against our effort
- To stress the persistence and patience that will be required to be successful
- To explain the potential effectiveness of three different investment alternatives
And this chart is very helpful in explaining the why the bullion banks that monopolistically control the price both silver and gold are ripe to be squeezed.
Two other things...
In describing the fractional reserve bullion banking price scheme, I like to reference this scene from "It's A Wonderful Life". While you may recognize the scene, you may have never really stopped to consider that fractional reserve banking remains at the center of the global monetary system...not just bullion banking. Keep that in mind as you watch this clip.
And then one more thing regarding trading tonight, tomorrow and this week. Back in late 2014, the CME Group suddenly felt the urge to implement trading collars for COMEX futures contracts. This seemed odd at the time as prices were low and volatility was minimal. We wondered back then if the CME was simply preparing for the eventaulity of a short squeeze in their derivative markets. Were they preparing in advance for a day like tomorrow? Maybe. At any rate, if you want to read more on this, the link below contains embeds to the actual CME press releases. If interested, you might look them over before trading resumes this evening at 6:00 pm EST.
Thanks for listening. Let's hope we have a fun and exciting week.
TF