Last time Sprott did something like this, silver rose 177%.
http://profitimes.com/free-articles/sprott-to-buy-1-5b-of-silver-bullion/
Tag Archives: peter schiff
Central banks hold gold because it’s an old “tradition”
Wow, it really doesn’t get any better than this. Paul isn’t even making arguments anymore he’s just straight up trolling the Federal Reserve.
Not a ‘conspiracy’ anymore
I’m not a fan of Fox News. I realize that Fox news has all sorts of other monikers – meant to put focus squarely on its historic ability to twist the facts to serve a different (see: secret) agenda. Faux News, Mox News, Fake News; I get it. I realize that Fox is one half of the right-left paradigm and is not to be trusted. I realize that Fox news is a part of Rupert’s empire and has all sorts of ties to the military industrial complex – but when you see a report on what has for years been relegated to only the paranoid and fringe conspiracy world actually appear on Fox you must understand that times are changing indeed. I have written extensively on this blog about the difficulty of being called a “conspiracy theorist” due to the constant dismissal of the phenomena. Yet my feelings persisted even after little or negative reaction for reasons I couldn’t quite explain other than to say I just ‘had a feeling it was true.’ This should sinch it for anyone. Spend an hour on the internet reading and watching videos about the New World Order and you might be convinced. Do that – and then watch the video below. I reckon anyone who doesn’t accept this as FACT afterwards is probably too brainwashed to save. The irony of all this is that truth seekers who read about the NWO and similar topics have no problem calling it a conspiracy. That’s what it is! A conspiracy – yet calling it a ‘conspiracy’ on any mass outlet is used tactically to discredit the content rather than to describe it! So this is why I say it is Not a ‘conspiracy’ anymore. In other words, it’s not fiction.
http://video.foxbusiness.com/v/1029441981001/target-new-world-order/
***Note: Copy and paste the link, Fox is not allowing me to embed or link
Gasoline Prices are at a RECORD LOW
The lowest gasoline price on record was in 1931; only .17 cents per gallon[1]. Yesterday, the futures contract in July for silver reached a peak of 49.84/oz. Using the east coast average of $3.87[2], this means gasoline hit a RECORD low yesterday in terms of silver at only $.08 cents per gallon. Remember; before 1965 our quarters and dimes were made of silver. If you had a quarter from 1950, you could buy two gallons of gas and tell the service boy to keep the change.
This should quite simply demonstrate that the problem of “high gas prices” everyone is raving about has very little to do with the A) supply of oil B) “greed” of the oil companies and C) speculators. The supply of oil is only one half of the equation, you must also look at the supply of money; our Federal reserve has printed literally trillions of dollars in the last decade. What fools we are to think that this would not cause a rise in oil/gasoline prices.
Contrary to what most think, the last thing a competitive business wants to do is raise their prices. It influences behavior and causes consumers to seek alternatives (whether it is competing companies with lower prices, or alternative solutions to their problems). When we get emotional about high gas prices, the conventional wisdom is to look to our government/president for a solution when really it is the government/president/federal reserve who CAUSED the problem to begin with. Our tendency to look to our “leaders” for solutions is predicated by our collective unwillingness to actually investigate economics for ourselves and understand how supply/demand works. However – the people will get what they asked for because it seems Obama has introduced an “Oil Speculation Task Force.” Well that’s just swell – do you think this Government-funded “Oil Speculation Task Force” will incriminate the government itself?