Gold & Silver MANIPULATION Is Making A Bull Market A Bear Market!
In this video, I talk with author and economic analyst John Sneisen about the drop in gold and silver demand following vast manipulation by banks and funds, making a bullish market a bearish market.
Gold and silver is wealth insurance, more so than an investment. Investing is better done with mining rather than the precious metals themselves. However many bankers and banks in general have been attempting to invest in the market using ETFs and fluctuating the price. It's also scaring those who are in desperate need of wealth insurance from actually buying gold or silver.
Since 2012 we've seen vast manipulation in gold and silver and while the physical sale of gold has risen 11% which should actually bring its value up, the ETF manipulation is holding gold down and the same goes for silver.
The stats show a bull market, the numbers show a bear market. This can tend to be quite dangerous long term.
However, once the fiat centrally planned empire falls, the banking system will go with it and we will see these chains break and we'll see a vast rally for gold and silver, the likes of which should have been happening by all fundamentals since the 2012 peak.
Great stuff as always.
I've always viewed gold and silver as insurance against hyperinflation. You buy gold and silver at historically low level, and then you hope it DOESNT go up in value. Because if it does, it means all your other opportunities in life decreased. It will be harder to do business and life in general will suck more. The only good thing for you with your gold and silver is that it will suck LESS than for most people.
I view Bitcoin a little bit as the same thing - digital gold. The only difference is that Bitcoin would be at approx $300,000 if it had the same position as gold as a store of value.
The majority of my investments are in miners. Insurance should only be a smallish proportion of your portfolio. You wouldn't for example pay £1000 to insure a £1000 car. You would pay a small proportion in case something catastrophic but unlikely occurred. Most analysts recommend around 10% of your portfolio as gold insurance. Which is more than most of the population has.
Do you know that the price to extract silver for the miners is between 20 and 24 dollars? If you do not believe it search for your self. Of course is a huge manipulation of the market, and you know why. Because us centralized, all the stuff that are centralized are manipulated
It's crazy what kind of manipulation there is in the Gold and Silver market. I hope the manipulation doesn't begin to hit the Crypto markets.
Gold and silver do not have such volatility as the crypto currency. Because they are not so interesting.
I don't really think that sums it up. The crypto markets are in their infancy, so due to how new they are they're incredibly volatile. Gold and silver have been around for millennias. But as the video points out, gold should be climbing at a fast pace right now but it's being manipulated by banks like Deutsche Bank and Scotia Bank so it's in an artificial bear market, especially since 2012. I should be about quadruple its price right now.
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very good.
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Nice post ...!!
There's only one ounce of physical for every 100 ounces of paper gold. I don't blame people for wanting to buy paper gold. But at the very least, these ETF's and the futures contracts should only create 1 oz. of paper gold when they acquire 1 oz. of physical gold. The problem is whenever they see the price of the underlying metal increase, they just issue new ETF's and write new contracts to lower the price. They just match the increase in demand with an increase in supply. But what people will realize one day is that 99% of the supply is non-existent.
Great post.
If hospitals were not trying to kill us they would use lots more gold and silver too. I would sell food for gold or silver when the SHTF. Those of you smart enough to save can look me up.