by Charles Savoie: Ted Butler’s latest suggestion about Suing JP Morgan and the COMEX has prompted these thoughts. My response at Gold Silver Worlds http://goldsilverworlds.com/physical was this— “Ted is the best of the best explaining these nuts and bolts. But where is his grasp of monetary matters? I see it…
(by Charles Savoie) This brings us to Paul Volcker, who chaired the Federal Reserve System in D.C. (August 1979 to August 1987) during which time he shafted gold and silver investors and miners by such low blows including telling U.S. banks to not lend for “speculative” gold and silver buying;…
(by Charles Savoie) “ANY ATTEMPT TO WRITE UP THE PRICE OF GOLD WOULD ASSUREDLY BE MATCHED, WITHIN HOURS, BY COMPARABLE AND OFFSETTING ACTION.” —Robert V. Roosa, Pilgrims Society, in “Monetary Reform for the World Economy” (1965). Roosa was with the New York Federal Reserve Bank, 1946-1960 when he moved to…
By Charles Savoie: New $100 bills are coming in early October 2013! Even though these can be created to infinity and cost little effort and resources to produce, we are demanded by authorities to accept these as worth several times more than an ounce of geologically depleted, essential silver! But…
(By Charles Savoie) Two ideas about the silver accumulation of JP Morgan Chase—one, it may be used for price suppression at higher levels. That’s exactly what happened with a much larger silver hoard—that of the U.S. Treasury—as a consequence of the Silver Purchase Act of 1934 and Franklin Roosevelt’s “Pilgrimized”…
By Charles Savoie, What organizations do highly placed men belong to who are suppressing precious metals? Broad absence of coverage of these organizations on the part of metals sites and commentators indicates lack of awareness—there is a large gap in their information; or for some reasons, they choose to not…