Page 1 of 1

Silver spot price manipulated since 1965 by US Gov

PostPosted: Mon Aug 13, 2012 8:48 pm
by Copper Catcher

Re: Silver spot price manipulated since 1965 by US Gov

PostPosted: Tue Aug 14, 2012 12:47 am
by Computer Jones
Heavens NO!
The U$Gov, would never do $uch a thing.

PS - Post's like get you on "the list".
Now there's going to be a secrete investigation to see if you're related to Ron Paul!!!

Re: Silver spot price manipulated since 1965 by US Gov

PostPosted: Tue Aug 14, 2012 3:06 am
by scyther
Not that I doubt the manipulation, but LBJ's comment really didn't imply that it would be manipulated forever. He wanted to keep it low enough that the silver coins would remain in circulation. Obviously, that failed miserably in rather short order. So theoretically, they should have stopped manipulating it once they realized keeping junk silver below face value was impossible.

Re: Silver spot price manipulated since 1965 by US Gov

PostPosted: Tue Aug 14, 2012 8:53 am
by shinnosuke
Gresham's Law, pure and simple.

Re: Silver spot price manipulated since 1965 by US Gov

PostPosted: Wed Aug 15, 2012 6:54 pm
by Treetop
I find this a terrible tragedy. Taking silver and gold out of coins was bad enough, but selling this countries reserves? should have been a crime.