Tue, Jul 5, 2011 - 4:53pm
"Having spent countless hours studying this “equation”, I have concluded that there is no plausible way for JP Morgan to extricate itself from its self-created financial suicide other than through the U.S. government once again confiscating the silver held by its own citizens (as it did in the 1930’s). Given the magnitude of the silver-losses being hidden by the criminal-shorts, it is very unlikely that U.S. silver-confiscation alone would be sufficient to rescue all of the banking Oligarchs who have taken part in this manipulative shorting. Thus, we could easily see concurrent “confiscation” schemes in many/most/all Western nations.
Let me qualify that comment by noting that at this point “confiscation” would start (and likely end?) with all of the “bullion” held in bullion-ETF’s or bullion “accounts” – which were based in jurisdictions taking part in confiscation. The vast majority of personal bullion holdings are contained in this form and can be seized (literally) through nothing more than the click of a mouse.
It is highly unlikely that our governments have any appetite for smashing down doors and directly seizing bullion by force. First of all this would require a massive expenditure of resources (and extremely bad “optics” for our fascist governments), for a limited yield of bullion. Secondly, especially in the U.S., many of the same people stashing significant quantities of physical silver are also stashing significant amounts of guns and ammunition. They would not get much of this silver without (literally) a fight. Most likely, our governments would not go beyond the mouse-click – which also explains why the propaganda-machine has done its best to “herd” bullion investors into the large bullion-ETF’s." (Bold emphasis added)"
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Edited by: bensgone on Nov 8, 2014 - 5:09am