Rob Kirby says the prices for both gold & silver are currently unsustainable, and the manipulation can’t much longer. Here’s why…
SBTV’s latest guest is Rob Kirby of Kirby Analytics. We discuss the failure of Long-Term Capital Management (LTCM) and how it resulted in the ‘death sentence’ of Bear Stearns years later in the financial crisis of 2008.
Discussed in this interview:
04:42 The missing $21 trillion from DOD and HUD
07:05 Checkered history of the Exchange Stabilization Fund
15:46 2008 financial crisis: Sub-prime debt rated AAA
20:09 Why Bear Stearns was ‘chosen’ as the fall guy in 2008 financial crisis
23:44 The Long-Term Capital Management debacle
25:37 When AAA-rated paper failed for the first time
31:40 Lack of primary silver mines evidence that silver is mis-priced
39:03 Why the silver price remains at $15?