Gold and Silver: The Government's Metal
(elko ,nev ,usa)
I think the gov wants to control the price if silver so it can control the economy better. If the price of pms were actually left free to run were it may. The stock market would be S&P 500 at 28 and the DOW at 1550.
Oh yes, and gold $12500 an silver $1400. It would be the biggest bubble of all in history.
But this isnt even close to a true market. It use to be a long time ago the one with the most gold an silver rules the world and is king.
These days its even better. Its the one that rules the price of gold an silver rules the world.
Here is another plus for gold an silver:
Say it did go up to $5000 gold and silver $200. What would it actually do to the economy?
There be some inflation but on the other hand lots of people would be creating weatlth. And they couldnt spend it till converting it into dollar an being taxed by the gov.
In the long run all I can see is that we all really lose if they the gov holds the true price of pms down. We the people lose wealth, with no where to put our money, so its 100% protected.
The government loses in taxes. It pretty simple to see that the government wants a failed system so they can control the world in a new one world currency.