More clear indications are surfacing that we should all think hard about buying physical silver. Mainstream media commentator Nancy Grace misses the point in this rant and instead takes the opportunity to mock silver. Huh!?
Her bio on wikipedia says she’s a legal commentator, so I’m not sure why she’s chosen to comment on the investment choices of this criminal instead of his crime.
The big take-away is that when we see certain ideas get stomped on by anyone in public you know we must be getting close to the truth. No conspiracies here, just observing human nature and noodling over the reasons anyone would react so strongly to a footnote of this news story.
I think Chris Duane’s suggestion is correct. Everyone, especially the rich, have a lot to loose if the current dominant paradigm fails. These people are masters of the world as it works today and will have the hardest time imagining (and probably adapting to) anything different.
So when evidence surfaces that some people have clearly made choices that conflict with their own world view, they go on the attack. It’s just amazing that she chose to attack the idea of payment in physical silver instead of the crime itself.
“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.