Why Gold Is Dropping When It Shouldn't (by Alex Wallenwein)

JSErwine · 10-20-2008, 06:05 AM

It's got to hit soon, silver below $9.00 an Oz. and all the dealers are out of stock. It makes no sence at all, the last big precious metal boom was in late 70's early 80's and silver hit close to $80.00 an oz (if memory serves correctly) and you were still able to buy physical bullion.

PTB are with out a doubt buying up precious metals and loading the market with paper to hold down the value.

This realy bothers me, what most don't understand is that the post civil war U.S. was built on silver and not gold. When there is no silver, this leads me to believe that we have paid someone off with our silver reserves.

10-20-2008, 06:05 AM	#16
JSErwine Avalon Senior Member Join Date: Sep 2008 Location: Iowa Posts: 73	Re: Why Gold Is Dropping When It Shouldn't (by Alex Wallenwein) It's got to hit soon, silver below $9.00 an Oz. and all the dealers are out of stock. It makes no sence at all, the last big precious metal boom was in late 70's early 80's and silver hit close to $80.00 an oz (if memory serves correctly) and you were still able to buy physical bullion. PTB are with out a doubt buying up precious metals and loading the market with paper to hold down the value. This realy bothers me, what most don't understand is that the post civil war U.S. was built on silver and not gold. When there is no silver, this leads me to believe that we have paid someone off with our silver reserves.