Bear Stearn's held a short position on silver large enough to actually manipulate the price of silver down. JP Morgan acquired Bear Stearn's assets when the company went under in March of 2008. March 2008 was also when Silver hit it's peak of $21 an ounce. If the manipulation is over then it will allow Silver prices to skyrocket back to historical levels in the Gold/Silver ratio. We may never see $20 Silver prices ever again if that happens.
http://www.inflation.us/jpmorgansilver.html
This blog was designed to educate as many people as possible, about the real reasons behind future economic decline. And also what they can do to protect themselves, families, and friends financially as well as emotionally. If you have a better understanding about a particular issue, it is my belief, that you are better leveraged to make smarter and healthier decisions surrounding those issues.
Thanks for visiting my Blog!
Every week I will be posting new articles, pics, and videos on whats going on in our economy and the ever changing world around us. Along with my personal commentary and tips on what you can do to prepare for the economic fallout that is quickly approaching. God Bless!
Disclaimer: This blog is provided for informational purposes only and does not constitute an recommendation or offer to purchase any security, investment product, or service of Criner Investments, LLC or it’s affiliates. Criner Investments is invested in physical Gold, Silver, mining companies, and precious metal based ETF's.
Disclaimer: This blog is provided for informational purposes only and does not constitute an recommendation or offer to purchase any security, investment product, or service of Criner Investments, LLC or it’s affiliates. Criner Investments is invested in physical Gold, Silver, mining companies, and precious metal based ETF's.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment