“Nor can private parties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.” –Alan Greenspan, July 24, 1998
The list of manipulations by the too big to fail (jail) banks touches every corner of finance.
Every commodity has been hit by massive positions that influence prices for illicit gains. For example, LIBOR and delaying interest rate information amounted to $880 trillion in manipulation alone, and affected every mortgage and loan worldwide. And JPMorgan is all over the news, turning money-losing ideas for the masses into massive profits for themselves.
When anyone brings up any of these topics, you will receive cynical responses. But dare to mention silver manipulation, and it will be dismissed as fringe conspiracy theory. Even some that agreed that the silver manipulation story was mere “conspiracy theory” now admit we live in an age where everything is being manipulated! Therefore, silver fits within the context of — Everything!!
It defies belief that somehow silver prices aren’t being abused for illicit gains. How can this be? It requires willful ignorance. The fact is, there is plenty of evidence staring everyone right in the face.
That is what just one chapter in our book does– It proves beyond a reasonable doubt that silver (gold too) is manipulated! The Sharpe ratio provides a measure of probable FRAUD and Manipulations– Doing the analysis for Bernie Madoff’s Sharpe ratio was 135% while the benchmark for finance in general is 19%. What is the overnight ratio for gold during the 2000’s? The Sharpe ratio is 167%. That is correct —Bigger than Madoff! But most will look the other way and again look at silver manipulation as a mere conspiracy.
There is much more to the book than this most important part of the silver story. We have a webpage set up for more information. www.TheSilverManifesto.com
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