More curious news from ZeroHedge.
“In what may be the most amusing news of the day, according to the FT the CFTC will shortly drop its 4 year old investigation into silver manipulation, “after US regulators failed to find enough evidence to support a legal case, according to three people familiar with the situation.” …continues
And if you’ve not been following the story, the CFTC has been investigating possible silver market manipulation for four years – and has now concluded that all is ok – so they say.
Alternative media sources have been reporting that the paper silver market (silver you don’t hold physically yourself) is something like 100 times larger than the actual physical silver available and that certain entities are collaborating to rig the paper silver market to keep the market price of all silver artificially low.
That’s a hefty acquisition and the conspiracy theories that attempt to explain why it could be true are even wilder – but it still gives me a moment of pause.
Why? Because we already know that our culture is conditioned to do anything to extend the current paradigm – especially the leaders of our culture. In other words current policies all point to increasing overshoot.
Evidence? We see this evidence in the debt they borrow, to the environmental damage they allow, to the wars they wage. Manipulating markets seems well within the kinds of actions we know these leaders are capable of doing. In their defense, I suspect they see their role as essential in protecting America from collapse. So without needing to prove anything we can see the trend – so we can assume these kind of things are within the realm of possibility.
What am I doing about it?
- Listening & watching for signs of the system breaking down.
- Continue to build more resilience into our life.
- Vote for politicians that embrace the shift to a new more sustainable paradigm.