$20 Silver BLOWS-UP The Banks Before The End Of 2019! | Harvey Organ

Source: https://www.youtube.com/watch?v=d1m9ghD66-A
Published: Jun 27, 2019
Author: Harvey Organ
Post Date: 2019-06-27 23:39:33 by Horse
Views: 153

Poster Comment:

Rare interview. Does that silver at J P Morgan really belong to China? He says that the banks will go broke due to shorting silver when the price goes to $20 an ounce.

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#1: BTP Holdings    To: Horse (#0)

He says that the banks will go broke due to shorting silver when the price goes to $20 an ounce.

Silver is one of the few precious metals that disappears when it is used. Once it is used up it is gone for good.

So if the silver in JP Morgan's vault belongs to China (I seriously doubt this) then China will take the pipe when the short positions collapse. ;)

BTP Holdings posted on 2019-06-28 19:42:24   Reply   Private Reply

#2: Horse    To: BTP Holdings (#1)

China owns the vaults where the silver and gold are held.

Horse posted on 2019-06-28 21:14:43   Reply   Private Reply

#3: Lod    To: Horse (#0)

Sadly, Harvey looks like the prototypical shylock.

Lod posted on 2019-06-28 22:30:35   Reply   Private Reply

#4: Horse    To: Lod (#3)

He is Jewish but he is old fashioned and believes in gold and silver. The traditional character for bank in Japanese and Chinese is literally Gold-Silver place.

Horse posted on 2019-06-28 22:39:58   Reply   Private Reply

#5: BTP Holdings    To: Horse (#2)

China owns the vaults where the silver and gold are held.

That must mean they own the banks too.

We all know that Ft. Knox is empty and the FED has taken the gold as collateral on the debt. As the debt increases, so does the price of gold.

The gold is in the sub-basement of the Federal Reserve Bank of New York. There has even been a movie made about it, one of the Die Hard flicks. ;)

BTP Holdings posted on 2019-06-29 07:53:13   Reply   Private Reply

#6: Lod    To: Horse (#4)

Today's metal's prices won't blow a gnat up. Compared with "historic highs" both are still plenty cheap to own.

Lod posted on 2019-06-29 08:32:41   Reply   Private Reply