Silver like Gold has a great history of value and Honest Money. Silver also has a huge number of industrial uses compared to gold. Silver is beautiful, useful, valuable and growing in rarity and demand. Silver may well be the best investment a person could make both for pure profit and a hedge against monetary crisis. Bars, coins, rounds, junk silver, we love it all.
Tuesday, July 03, 2012
Silver Manipulation casually acknowledged on CNBC
For years now we've all heard about, and largely believed, the claims of manipulation in the silver market but little has been done to highlight or address the issue. Main stream media for the most part has ignored the claims of manipulation while regulators did their best to hide and obfuscate the truth in order to protect a futures market that would collapse if properly investigated. With that in mind it was quite surprising to see 2 CNBC hosts causally acknowledge that manipulation was real, sadly they didn't dwell on the subject but surely such an admission must be seen as a door opening to the truth.
How much longer can such a corrupt market continue to run amok once the media openly slags its credibility?
I don't know if this was a slip, a warning that they are starting to take their jobs seriously or a dejected admission in the futility of trusting the markets, either way lets hope it stirs up some wider interest.
Start viewing at about 9:20
H/T to Silver Doctors for catching this
I live in edmonton and is looking into moving my RRSP into silver bullion. I have checked with banks and most of them dont do it or have outrageous fees. Can you recommend any place in edmonton or canada which can help me do the transfer?
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