silverdoctors.blogspot.com
AUGUST 25, 2011
While the silver community is divided as to the legitimacy of the Wynter Benton group (ex-JP Morgan traders fired by Blythe in July of 2010 looking to now destroy JPM using their own naked silver shorts), the latest Wynter Benton message posted today is such a dramatic game changer if true, that we felt we must post it.
The Wynter Benton group alleges that a major sovereign central bank has been accumulating physical silver as a reserve asset and will soon publicly announce this fact.
Confirmation of the remonetization of silver by CENTRAL BANKS could well thrust a final dagger into the heart of the cartel.
If true, The Doc's $70 silver target for the end of 2011 may well end up being humorously low.
Perhaps this explains silver's nearly $2.50 jump today to $41.27, and perhaps this could also explain why China went from exporting 100 million oz of silver /year in 2007 to IMPORTING 100 million oz in 2010?
[I, for one, would like to add my disbelief of such an occurrence....CV]
[End]
An ethical person - like a politician, banker or lawyer - may know right from wrong, but unlike many of them, a moral person lives it. An Americanist first already knows that. Bankers and their government agents will always act in their own best interests. Any residual benefit flowing down to the citizens by happenstance will just be litter.