Sunday, February 6, 2011

Adrian Douglas: Silver breaks its golden shackles

Market Force Analysis publisher Adrian Douglas discusses silver, and how we don't know what the price of silver should because of manipulation. Douglas argues, "Because silver has been suppressed for so long we do not know what its free-market price should be, but we are going to find out soon and I strongly suspect it will be many multiples of the current price."

For those of you who are not familiar with Adrian Douglas, Adrian Douglas is director of GATA who was involved in proving silver is manipulated.  At Yourhedge we have made the same point for months regarding silver.  Unlike palladium or platinum, silver has never traded freely.  It is very difficult to guess how high silver will go when the manipulation ends. 

Yourhedge believes silver will be one of the top investments over the next decade.  At some point this fraud, and many other frauds in our financial system will come to an end.  If I had to guess, we may not see the multiple frauds in our financial system end, until we see our dollar collapse.  When this happens, who knows.  The dollar collapse may be sooner than many think as the Federal Reserve seems to be the only buyer of US Treasuries and the world is making it obvious the dollar global reserve status should end.  When the dollar looses it's global reserve status Americans will be devastated.

Adrian Douglas Article Here

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