Tuesday, December 19, 2006

Silver Gets Hammered

Silver took an awful beating over the last several days as can be seen in the chart depicted here. This is not normal market behavior, but rather a good way of confusing the majority of people to hide the fact that our money masters (the Federal Reserve) are printing up gigantic amounts of money causing the value of the US dollar to drop precipitously. The money men are quite powerful as they have the lawful ability to create money out of thin air and then sell large quantities of items they don't own. For example, they can sell large amounts of paper silver over a very short period of time thus creating a stampede out of the lustrous metal. This is the type of action you are seeing in this silver chart.