Silver Cartel good or bad? I don't know..are unicorns good or bad?

Cartels cannot exist on the long term, without state intervention. It is against the states interest to create a silver cartel. This is a non issue...

The market asserts itself when we see higher premiums, and a "disconnect" in prices occur between paper and physical. Attempting to cooperate to force the revaluing (accounting for paper representation that cannot be redeemed, inflation, increased industrial/medicinal demand, etc) of silver via a "cartel" will not work. What will work, is real market demand forcing the prices well above paper set spot prices.

Category:

Education

Tags:

• stellaconcepts
• randytoof
• randytooth
• silverfuturist
• alexiscom1
• donharold
• davincij
• silver
• eric sprott
• cartel
• zerohedge
• state
• mises
• rothbard
• ron paul
• austrian economics
• monopolies
• oligopolies
• anti trust
• regulation

[Vlaxitov]

Words like czar and cartel outside of their proper context are always used to glorify something lesser. A really good cartel becomes the state. Its really contradictory to make a matter of fact statement like "currency crisis" then always list the value of another investment in the supposed currency in crisis as a standard. I would define currency crisis as the currency no longer has a practical use. Lastly, it took awhile bringing myself to watch this because the title was soo damn cliche.

[needtoalwayslearn]

@kroovyandcal So, just to be clear: Are there 21 million tonnes or 140,000 tonnes of gold ?

[kroovyandcal]

@needtoalwayslearn That's right. I heard Max Keiser state this number. The Gold and Silver cartel are definitely in existence. They are not unicorns. I learned conventional theory like KIDotequeA in college, too. The cartels need to be busted up. The NCAA needs to be busted up so that college athletes can earn money from all the billions of money they rake in for the colleges and universities in America. They are criminal

[needtoalwayslearn]

@kroovyandcal There are only 140 000 tonnes of gold above ground.

[lengthyounarther]

bad...why would I want to pay more for silver just so I can see my investments drop in value when the cartel fails, probably the point that hurts me most. This kind of talk is shamless rent seeking and totally dispicable. Nobody in their right mind would tie their livelyhood to the state.

[kroovyandcal]

I believe that there are 21 million tons of gold being held and therefore repressed from circulation, creating artificial scarcity. I believe the information. If this were issued to the public via Congress, our Federal Reserve system dismantled, the value of Gold would be less than a dollar. We are talking about the most sought after substance for the past 6,000 years of human existence. It is impossible that there are only 9000 or so tons of it in America

[machwon]

Drinking good beer out of the bottle? Son, I am dissapoint.

[natritious1]

Austrian Economics for the win