COMEX default and the fleecing of investors

Paul Volcker, Former FED president said:
"Letting Gold Go to $850 Was a Mistake."

"Joint intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake. Through March, the price of gold rose rapidly, and that knocked the psychological props out from under the dollar."

CFTC Relents and Probes Silver Market
http://online.wsj.com/article/SB122231175151874367.html

A commentary on how silver certificates have nothing behind them.
http://www.investmentrarities.com/10-01-02.html

Another person mentions the COMEX default
http://news.silverseek.com/SilverSeek/1224161057.php

Category:

Education

Tags:

• Collapse
• Crisis
• Dollar
• Economic
• Financial
• Hyper
• Hyperinflation
• inflation
• Jim
• Paul
• Peter
• Rogers
• Ron
• Schiff
• Perth
• Mint
• GoldMoney
• Gold
• storage
• COMEX
• Default
• on
• or
• Silver
• ETF
• GLD
• SLV
• Bullion

[ModelMembership]

Brilliant! Nice job sir. Well said and very well explained. I think you're awesome...

[davincij15]

@ModelMembership

Thanks!

[jaingxu]

Cool video davincij15

[davincij15]

Thanks.

[disciple90633]

There is NO DOUBT the governments around the world are holding Gold and Silver down because they want people to use their currencies and not dump them for "real" money. You are right on, and this video is perfect. Ive been telling my friends for years that when you buy metals, you are going against the government and they will try and break you. However, if the dollar finally collapses you'll be glad you have gold. Our government is corrupt and Ron Paul was our only hope! Now we're screwed!

[freedomfighterone]

The house is totally corrupt and we need a new system. Creating money out of thin air and charging interest on money that doesn't exist is fraud. We have to shut down this criminal banking sytem.

[Fitrade]

Great video, I like to talk about Silver and Gold on my youtube channel as well.

[ModelMembership]

No thank you! Just keep telling the truth!

[alpertdon]

you are in a good position compared to most of us. if i was you i would set up the house in the country with a solar power , get some seeds, canned foods, a water distiller, a generator, a couple of guns, and some amo. sell the house in the city for junk silver or bullion, and start a life in the country , the cities may turn violent, and who needs the traffic. i am still learning about the situation, but this is a 'safe hand' you can play without knowing anything about the future.. .

[alpertdon]

this is one of your best videos . thanks

[davincij15]

BTW: Don't run out and buy gold and silver with all your money. If you have none take 10% of you cash and buy some silver and gold.

Then learn about gold and silver because knowledge will give you confidence you need to buy more when it's low and buy another asset when it's high.

[davincij15]

It's hard I know, you and I have both lived our lives thinking dollars is money. It's not!

The reason the world can build all these things is because the government and banks can print up more dollars and steel from those that save dollars without them knowing.

It will not be an easy decision so read up on gold buy some books and it will help you, know you are making the right choice.

Silver has greater potential than gold but will work the same way.