Here is what a legitimate process of decoding of the matrix looks like.
OK, here you go. The basic, vital, info to keep in mind. Also, interesting insight on the Hunt brothers.
Nicely worded summary of the silver situation in which we currently find ourselves.
This from a couple of months ago. In China they have, effectively, monetized a metal – copper.
Traders in China use copper as collateral to obtain money from banks, which can then be re- lent to third parties, said Jia Zheng, a trader at Shanghai East Asia Futures Co.
“It appears that the practice of using copper to obtain financing is increasing as companies start to feel the effects of the tightening measures,” said Liang Lijuan, an analyst at Cofco Futures Co. “Imports have been surprisingly high.”
Governments can only wring so much money from their citizens through taxation without inciting civil disobedience, so they make friends with bankers, who have a way of making money appear from nowhere. The money they create isn’t sound, but almost no one cares. For politicians, it’s sound enough; it provides them with claim tickets to market wealth, which is all they want. Sound money would not cooperate in this manner. It does not emerge from central-bank policy decisions.
Here is an interesting article highlighted by Rawdoglet on YouTube which illustrates the thinking process of physical silver holders.
(Those) who sees central banks as being artificial and dangerous…
…will never sell their precious metals until they see an indication that the unpayable debts and deficits of the majority of western nations have reached a resolution – either by default (bankruptcy of the nations) or by hyperinflation (bankruptcy of the currency).
Which brings about an interesting state of affairs. Unlike any and every other bubble in the history of mankind, the holders of precious metals will not sell their holdings for fiat currency, at any price.
They may sell their precious metals to buy another asset which they deem as being undervalued in terms of gold or silver – which may mean they sell their precious metals, briefly, for fiat currency but then quickly sell that fiat currency in favor of another asset.
But for those who own precious metals for safety and/or profit against the assured demise of the global financial system there is no price at which they would sell their precious metals in favor of fiat currency.
Of course if someone offered you $10,000 per ounce today for your gold you would be crazy not to accept it. However, most holders of gold would sell at $10,000 and then immediately sell the fiat currency and repurchase the gold at the current market price near $1,400 to buy even more gold.