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CAT 2013; BBC NewsBuy Silver Now, B'coz Lot Of Manipulation Is Done By Multinational Banks All Over The World.
NEWSLETTER Silver, Gold The short positions of JP Morgan and HSBC are massive and manipulative (downward) but are not the only reasons the price of silver has been suppressed. The US Government as well as govts in England and Germany encouraged large banks to provide silver certificates. These certificates have been provided to those who wanted to feel the security of owning silver but did not want the risk of taking custody and not having a safe place to store. The number of certificates has for years continued to increase to meet this demand for financial security. What the owners of these certificates did not understand was that there was no physical siver underlying their purchase. The certificaates, like fiat currenty, had no precious metal backing t...