Sunday, April 24, 2016
Economic News, A Ponzi Scheme Within A Ponzi Scheme
Deutsche Bank admitted the bank rigged price of Gold and Silver. Rigging the price of Gold and Silver is part of U.S. national security and protecting the U.S. dollar. It is a ponzi scheme within a ponzi scheme within a ponzi scheme. It is doomed to failure and this is why Obama, Biden and Yellen were meeting.
If criminal bankers would not have conspired to suppress gold for the last several years, what would the price be today? Gold expert Bill Holter says, “You couldn’t have $5,000 or $10,000 gold and 0% interest rates. I think there would have been a panic into metals (gold and silver) by now because the price suppression has been used to hit people’s emotions. It’s been used to hurt their psyche. I think if they had not dumped all this paper to suppress the price, the pot would have already boiled, and there would have been a run on the banks and a run into the metals.”
So, if the banks would not have criminally suppressed the price of gold, we would already have a gold price that would be thousands of dollars higher than today. Holter says, “Yes, absolutely. Gold is real money that cannot default. That is what this is all about. When the whole system defaults, what’s going to be left standing--gold and silver, real money. They are no one else’s liability.”
Join Greg Hunter as he goes One-on-One with Bill Holter of JSMineset.com.
Gerald Celente's Economic Trends, click the link below.
Obama threatens the British if they leave the EU, click the link below.