ORGANIZED CRIME
in other words BANKS
That definition of Organized Crime, describes the banking system perfectly. They have robbed people long enough, this is why you are currently seeing the quick rise of crypto currencies.
They have no control over crypto currencies, making it a free market, and this is why you are seeing the sudden rise.
They do have control of one market
GOLD AND SILVER
They still seem to find ways to control the Gold and Silver markets. They have kept the price suppressed for so long, that the publuc is no longer intrested in Precious Metals. What this has done, is opened the door for the banksters to buy as much silver and gold as they see fit, so once the price is free they will stand to make a lot of money. Now not everyone will believe this, but you have a choice, you can either get rich with the banks or you can watch the banks get rich. But make no mistake the banks are going to get RICH.
What should the price be?
I think what you are seeing in the crypto market is a mirror image of what the gold and silver market should be. Yes, I think gold is bitcoin , and silver is ethereum. So with that being said gold would be @ $4,600 and silver would be @ $300.00. This would still be a 15 to 1 silver to gold ratio, not unthinkanble, now is it? It will correct itself.
When Will this correction happen
Anytime, is when this will happen. The smallest thing can set the markets crashing, they are only being held together with hopes and dreams and all deams come to end.
What can I do?
I am not a financial advisor, these are my opinions.
Follow me @ raybrockman
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Right on Ray! Great piece. I am ball deep in crypto...the other one is in precious metals! I totally agree that had not cryptos come along, we would be seeing this crazy behaviour in something else -- probably Au & Ag.
The cryptos are fascinating! And when the math dawns on you it can be quite an overwhelming experience along the lines of SELL EVERYTHING AND BUY CRYPTOS!!! Like a maniac...
But there is a fine place for the pm's too! And that place is directly in one's own hands, 'cause you don't need internet or a smartphone... Gold and Silver work without even electricity!
So go balls deep i say -- PMs and Cryptos! And laugh at your Bankster neighbour's wee mansion as you look out on millionaire's row :)
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I am in, and buckled up, let the ride begin.
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I am my own Central Bank!
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What are ya'll twins.lol👇
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You're exactly right about everything you said and I couldn't agree with you more!
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Thanks buddy.
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Just about every post I say, crypto can make you a lot of money or lose it, but it is a great investment, and you can make a nice profit, and then sell it and buy silver or gold.
I believe the best investment is silver, as I have been saying it's a low risk, high reward investment.
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Totaly agree with you @buster544 silver will be the bigest return. Thanks for the visit.
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If you're heading down the crypto road, I think you're good until the creation of paper contracts by banks exist.
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I am my own Central Bank!
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Someone has already used that response👆. Lol
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We are all spartacus, i mean our own central banks lol
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The manipulation could end at any time...but sadly I would guess it is going to keep going for quite some time longer. The GLD, SLV, and the paper market need to die!
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Not much longer. Thanks for the visit.
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I want it to correct and skyrocket in a few years. Gimme more time to keep stock piling it
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I hear, I ready to live the good life. Now or latter, I think you will come out just fine. Keep stacking buddy.
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This post received a 4% upvote from @randowhale thanks to @raybrockman! For more information, click here!
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Spot on ray, you hit the nail on the head. I'm starting to smell fear, and nothing on this planet drives a bull market better than FEAR of losing everything, Cheers.
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Is that what that smell is. Lol
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Slowly, the WORLD is losing confidence in the $$$. With gold backed oil / yuan in China, moving away from the USSA's SWIFT system, everything is in place to dedollarize the $$$. Stayed tuned and keeping stacking, go get you some.
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Thanks for the visit, i think I will "go get me some"
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Excellent analysis. I've figured that bitcoin's rise is the mirror image of what gold and silver should've been.
I knew silver was undervalued compared to gold, so I've stocked up a lot of silver (I did invest in gold, too, in case I was wrong. Always important to diversity) I think I might have close to 70 ounces of silver.
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this brief analysis of gold and silver seems also correct in my opinion and that's why I'm buying silver as much as I can because I see a chance in silver more than gold
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the bank can really rob the world and can make more than 500% profit annually while they give investors only 12-14% just because they take the chances while depositers not
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I just hope the people understand what you say and realize the chance that they have to get benefit of it.
why should we let banks get rich with our money while we can do it ourselves ?
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The mess the worlds in at the moment makes some economist says that the world was better off with the old school Mafias.
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It seems like it.
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The crypto market is free, but when the banksters advise the corrupt politicians to pass new laws against the purchase and ownership of BTC and the alt coins, what can you do? Move out of the country like some have already...?
Feinstein and another senator is already trying to push a bill through... The SEC want so set new regulations on ICO's. Looks like the IRS wants a cut since no one is paying capital gain taxes...
There may be a black market for cryptos in the US, but hiding digital data from the NSA is close to impossible. (Even on the darknet) There may be too much data for them to compile against US citizens that have purchased the tokens...?
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They are always gonna find a way to take some. Thanks for the visit.
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Great post, market manipulation sure is on a criminal level. The fed will surely find a way to ruin cryptos, too. Either through legislation or the IRS or their own coin. Til that day comes I'll surely be adding some cryptos to my portfolio and I'm ready to turn those profits into PMs when the time comes. Silver makes us all our own banks!
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Lets hope not,
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Great post. Fave line "gold would be @ $4,600 and silver would be @ $300.00. This would still be a 15 to 1 silver to gold ratio" So true!
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@raybrockman got you a $1.18 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
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This post has received a 7.65 % upvote from @booster thanks to: @raybrockman.
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