My Thoughts On Silver As Money

Discussion in 'Hawaii Business Forum' started by RodneyR, Dec 27, 2010.

  1. RodneyR

    RodneyR Senior Member

    I believe the volatility of silver can only be due to the Options Market (Derivatives). So the price of physical silver is determined by not the actual amount or supply of silver, but the naked silver short positions (puts/ derivative). They can sell tons of silver that never existed.

    Pay attention to what Mike Maloney says on the video below. This guy is sharp and contrarian to the mass media information.

    Apr 6, 2012 - Silver Manipulation: 'High Frequency Shearing' - Mike Maloney

    All manipulations eventually fail. Shortages... free market eventually overwhelms. Gold and silver are the alarm bells on whether the central banks are doing a good job of managing the currency.

    Thanks again for viewing this post... STAY AWAY FROM THE FAKE SPDR ETF SLV owned by the corrupt JPMorgan. Physical silver is still on sale!
  2. RodneyR

    RodneyR Senior Member

    Just so you know... I am not selling anything. I have no associations with any commercial companies or interests. I even have much more assets outside of silver and gold.

    The real issue is the US is losing it's World Reserve Currency status and it is unfolding in the news everyday. This is a very BIG DEAL and the privately owned Federal Reserve crooks like Bernanke and the western banking cartel elites do not want you to be awakened from his organization's ponzi and plans to make us use what they manufacture (fiat paper money). If we end up using a global bank owned and manfuactured currency (paper or electronic), our certainty will be similar to what the banks did to Greece - Transfer of wealth to the banker elites and trasnfer of debt to the citizens using the fiat currency.

    End of the Road: How Money Became Worthless - Official Trailer (High Quality)

  3. RodneyR

    RodneyR Senior Member

  4. RodneyR

    RodneyR Senior Member

    Already happening in Canada. Pay attention... fiat paper goes to zero.

    5 April 2012 - RIP Canadian Penny: victim of inflation, the hidden tax

    Due to inflation of the currency supply, the fractional reserve banking system, and the widespread use of fiat currency (value by decree, as opposed to intrinsic value), Canada can no longer support even a copper, zinc, or worthless steel standard. Save money (ie. silver) - spend currency (paper).

    Thanks to the 9,700 or so interested people who view these posts...
  5. RodneyR

    RodneyR Senior Member

    In regards to post #241 above

    5 April 2012 -Blythe Masters (head of commodities trading at JP Morgan) Refutes Claims that JP Morgan manipulates silver markets

    But she admits JPMorgan naked shorts @ 3:24 - 3:48 through derivative hedging!
    (JPMorgan makes money by purchasing derivative option 'puts' to profit as silver prices go down)

    Wake up folks. Rich banksters just keep getting richer, stealing the wealth of the middle class and passing the citizens debt through inflation and bailouts (QE quantitative easing / stimulus / operation twist / LTRO / printing money out of thin air) ...
  6. RodneyR

    RodneyR Senior Member

    What ALWAYS springs up as a financial saviour amid economic turmoil in ANY country?

    In Greece, behind gold and pawn shops in every main street and every neighborhood the laws of regulation stay out the door.
    The massive trade of gold and silver stores propping up everywhere around Greece has surprised the central Bank of Greece has little it can do. When the economy wreeks havoc, gold and silver become true money - a tradition.... between 4,000 and 5,000 establishments of gold/silver pawn brokers in small area of Greece rarely keeping records.

    In 2001 Argentina's dollar was one to one with the U.S. Overnight they took 3 Argentina dollars for one US Dollar.
    The Argentina citizens did not trust the system and also resorted to black markets in gold and silver that sprung up all over the place.
    Those who held physical metals made out well.

    6,000 years of history gold and silver being money is accurate and being true. Gold and silver come out again.

    10 April 2012 - REALIST NEWS - Gold and Silver black market emerges in Greece

    Thanks for viewing this post... Stay away from the fake electronic ETF SLV owned by corrupt JPMorgan bank.


  7. NeonYellowShirt

    NeonYellowShirt New Member

    So i found a few of these pre-1964 quarters that give you boners. 3 of them in fact and 1 dime that was really worn, but a 1959 nonetheless thatll start a chubby. Went to 7-11 n they still only bought me 1(one) bottle of water
  8. RodneyR

    RodneyR Senior Member

    Thanks for the bump

    Thanks again for reading this post...
  9. RodneyR

    RodneyR Senior Member

    Back in the old day, the villagers would go after these guys with pitchforks and a hangman's noose...

    The crooks that run JP Morgan is the reason why everything you buy is going up in prices.

    You don't buy a steak from the market, you buy it from JP Morgan. Their DERIVATIVES in the trillions sway the price in such a way they make money if commodity prices go up or if commodity prices go down. Whether it be oil, wheat, corn, rice or silver...

    Listen to this LIAR Blythe Masters head of Global Commodities at J.P. Morgan Chase

    Jamie Dimon head of Global Commodities at J.P. Morgan Chase

    13 April 2012 - SBSS 19. Silver Manipulation Part 2

    10 April 2012


    Jamie Dimon



  10. RodneyR

    RodneyR Senior Member

  11. RodneyR

    RodneyR Senior Member

    "Is JP Morgan the next Lehman Brothers?

    JP Morgan's Jamie Dimon and Blythe Masters are on the wrong side of the markets because you can only lie, cheat, steal and commit fraud for so long.

    Physical gold and silver purchases are ripping the COMEX and LMBA warehouses to shreds. Traders walk out and abandon ship of the CME Eurodolalr Pit to protest trade.

    Blythe Masters gave a scripted interview, what they can no longer HIDE they have to admit. It's coming apart!

    Iceland forgives mortgage debt for citizens! Bankers are sunk as other nations will follow suit! Jamie and the corrupt company are hereby downgraded to the distbin of history."

    13 Apri 2012 l - Mutiny in the pits! JP MORGAN WILL FAIL.
  12. RodneyR

    RodneyR Senior Member

    If this isn't already your sign, ... it's already happening. I have no idea why this is not in the mainstream media. I can hardly hold myself from going to that coin shop at Bishop Street and buying a hord of those old school 90% 'junk silver' coins..

    Silver and gold are legal tender in Utah (not the face value but the commodity market weight value).

    This is due to the State's fear of the US Dollar collapse.

    Watch this guy buy a pocket knife at the gun store with one pre-1965 silver dime!

    13 April 2012 - People are Buying Goods with Silver & Gold -
    Govorner Herbert of the state of Utah, signs House Bill 157 Currency Amendment. The people are waking up. Several other states have similar legislation to follow.

    Thanks for viewing this post...
  13. RodneyR

    RodneyR Senior Member

    History is cyclical. It has a 80 year cycle - spring, summer, autumn, then winter (panic debt)

    The Kondratieff Cycle
    Revolutionary War, Civil War, WWII

    Historically there has always been a shift from man made paper assets to real assets (silver & gold)

    4 May 2012 Silver door is closing

    The great Russian economist Nikolai Kondratieff developed a theory which illustrated that the cycles of war and peace synchronize with and are related to the inevitable boom and bust cycles that occur in capitalist economies


    Stay away from the fake electronic paper shares of ETF SLV and ETF GLD owned by bankster giants HSBC and JP Morgan. If you can't hold it, you don't own it.

    Quote: "Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” – President James Garfield, 2 weeks before his assassination

    Quote: "Give me control of a nation's money and I care not who makes the laws." Amschel Rothschild, Godfather of the Rothschild Banking Cartel of Europe, established European banking and finance houses starting in the late 18th century
  14. RodneyR

    RodneyR Senior Member

    More thoughts on Silver as money. Utah is a Morman state.
    IMHO, Mormons are very religious and prepare for hardship (hord a years worth of food) because they nurture history (bible, history, lessons learned from hardships of their ancestors).

    Utah uses SILVER AS MONEY because they do not trust the corrupt privately owned Federal Reserve paper currency.
    (A lot of Mormons on Oahu)


    The privately owned Federal Reserve is OUT OF AMMUNITION to correct this financial crisis

    ZIRP - Zero interest rate policy

    "The zero interest rate policy is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and, since December 16, 2008, in the United States. It can be associated with slow economic growth.

    Under ZIRP, the central bank maintains a 0% nominal interest rate. The ZIRP is an important milestone in monetary policy because the central bank is no longer able to reduce nominal interest rates. Monetary policy is at its maximum potential to drive growth under ZIRP, because the central bank has no more tools left to stimulate borrowing. ZIRP is very closely related to the problem of a liquidity trap, where nominal interest rates cannot adjust downward at a time when the loanable funds market has not cleared"

  15. RodneyR

    RodneyR Senior Member

    Interesting topic Dec 23rd 2012 Fed Reserve 99 Year Lease is up???

    Better hold what they hide in Fort Knox (precious metals) instead of the paper Federal Reserve notes which began in Dec 1913. The privately owned Federal Reserve has a lease or charter to print the "Federal Reserve Notes (dollars)" for the government US Treasury.

    Dec 23rd 2012 Fed Reserve 99 Year Lease is up

    The topic seems to be legit if you search for it on Google,or.r_gc.r_pw.r_qf.,cf.osb&fp=6b4b1bdf32659c2&biw=996&bih=898

    Stay away from bankster fake electronic paper shares of gold and silver owned by HSBC Bank (GLD) and JPMorgan (ETF SLV). If you can't hold it, you don't own it like the clients of bankrupt MFGlobal . Penson Worldwide Inc (PNSN) is next!
  16. RodneyR

    RodneyR Senior Member

    Silver mine production can't keep up with demand.


    Failure of the doomed Euro currency is the reason to hold real money, physical Silver. A pre-1965 silver quarter can still buy a gallon of gasoline

    9 May 2012 Farage: We face the prospect of mass civil unrest, even revolution

    Do not buy the fake JPMorgan electronic paper shares of the ETF SLV. Buy only physical metal you can hold in your hand.

    Thanks for viewing this post...
  17. RodneyR

    RodneyR Senior Member

    BANK RUN!!!!

    A picture is worth a thousand words. DOW & S&P compared to Silver and Gold over the last 5 years (May 2007 through May 2012, includes the market crash of 2008).

    This is an historic event. The gold standard was broken in 1971 and the paper fiat monetary system is in debt saturation.

    If you care about your family and loved ones, it's a good time to hold real money = PHYSICAL SILVER & PHYSICAL GOLD. History always repeats itself- man made paper currency always goes to zero the more and more they print it!

    Don't think what is happening in Europe won't come our way.

    Start with digging through your jars and finding the pre-1965 US Silver dimes, nickles, and quarters our grandparents used everyday.


    Thanks for reading this post... Again stay away from the fake electronic ounces of ETF SLV owned by corupt JP Morgan derivatives!
  18. RodneyR

    RodneyR Senior Member

    Reserve Currency Does Not Last Forever. History always repeats itself.



    Today JP Morgan holds $70 Trillion in bets called DERIVATIVES. Don't hold JPMorgue's derivative ETF SLV. Hold only physical SILVER you can hold.

    Again, I do not have any affiliation to any companies or businesses. I don't have anything to sell either. This is purely a political statement against the corrupt Too Big To Fail banks who stole our money during the big bail out of 2008.

    These are historic times and I hope all of you in Hawaii prepare for the hyperinflationary currency reset. History always repeats itself.
  19. RodneyR

    RodneyR Senior Member

    Latest trend is happening. Two of the largest economies on earth have made the largest trade agreement in the history of mankind. Goal is to no longer use the World Reserve Currency ( US Dollar dump).

    another trend, cash is trash,
    give you paper for your Silver in Toronto Canada

    Thanks for reading this post...
  20. RodneyR

    RodneyR Senior Member

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