Keiser Report: Year of Banking Death Penalty

[pmbug]

Hilarious as usual:



In the second half of the show (starting @~13:25), Ned Naylor-Leyland says:

I will make a bold prediction, I think that contrary to all the evidence, I think they silver manipulation story will break in 2013. The price will break free of it’s shackles, due to the fact that there’s a serious lack of physical silver within the bullion banking system, and I think we’re all going to be very happy this time next year!

 

[DoChenRollingBearing]

Well, we'll see re silver shortages. When I bought silver, I rarely had problems buying a roll of Silver Eagles, but it has been over a year since I bought.

If these reports re silver scarcity & manipulation are true, the I'll do just fine even not buying another oz of Ag...

But, for me, silver's main role is for "spending" in a SHTF. The gold will sit through time, maintaining its value, maybe much more (FOFOA), for the benefit of my kid...