The biggest short squeeze in the world?, page-2943

  1. 3,102 Posts.
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    I find it funny that there are people like @Skol out there that think banks never lie about their holdings. Their entire history of banking is riddled with lying to customers about their liquidity. They had to lie about everything until they had central banks to create unlimited unbacked fiat to protect them from bank runs. Now they don't need to lie about fiat as much but they still do about their physical holdings.

    When you can make 10 times as much money pretending you have 10 times as much gold and likely NEVER get found out due to working with a cabal to cover your ass then why wouldn't you? Look back to the Perth Mint incident last year with the hurried physical shipment of gold to COMEX. Even if you get found out the small fine in comparison is nothing, this is their cost of doing "business".

    Silver is going to be found out before gold but it will collapse both the LBMA and COMEX and leave lots of people without physical they thought they had. Tick tock.
 
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